Prince Alwaleed bin Talal, the second biggest shareholder in Rupert Murdoch‘s News Corporation, has revealed his frustration with the fallout from the News of the World phone-hacking scandal and admitted that it is harming the reputation of the company overall, not just its publishing interests.
Alwaleed is a nephew of Saudi Arabia’s King Abdullah, and, according to Forbes magazine, is the 29th wealthiest person in the world, with a fortune of $18bn (£11bn). [...]




