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 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 [...]