Prince Alwaleed Sounds Warning…

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). [...]

The richest person In the world: Russian president Putin could be worth up to $70 billion

The life he leads makes it possible.

 

But is Vladimir Putin secretly the wealthiest person in the world?

The Bureau of Investigative Journalism’s Maeve McClenaghan talks to a Russian political analyst who says that Putin owns shares in three major oil and gas companies: 4.5% of Gazprom, 37% of oil supplier Surgutneftegas and up to 75% of oil trader Gunvor.

The analyst, Stanislav Belkovsky, says the Russian president could be worth up to $70 billion.

“His estimate [...]