2 ms·
kolbe's likely referring to Prince Alwaleed's specious tactics, used to inflate his wealth[1]. His investment company, Kingdom Holding Company, has opaque asse
by caminante 11y ago
kolbe's likely referring to Prince Alwaleed's specious tactics, used to inflate his wealth[1]. His investment company, Kingdom Holding Company, has opaque assets with questionable MV. In '09, an auditor scratched its head at KHC's valuations.
The issue: nobody can trust Prince Alwaleed's claims about net worth.
[1] http://www.forbes.com/sites/kerryadolan/2013/03/05/prince-alwaleed-and-the-curious-case-of-kingdom-holding-stock/ http://www.forbes.com/sites/kerryadolan/2013/03/05/prince-al...