Saudi prince sues Forbes for underestimating his wealth

Prince Alwaleed bin Talal, who owns London’s Savoy hotel, claims US publication undervalued his wealth by $9.6bn Saudi Arabia’s Prince Alwaleed bin Talal, one of the world’s wealthiest businessmen who owns assets including London’s Savoy hotel, has launched a libel action against the business magazine Forbes over claims it underestimated …