Alwaleed’s Kingdom Beats Buffett on Twitter, Four Seasons - Bloomberg:
"A five-month rally by Kingdom Holding Co. (KINGDOM) is giving lift to the investment record of Prince Alwaleed bin Talal Al Saud, the world’s 18th-richest person and self-proclaimed “Warren Buffett of Saudi Arabia.”
Alwaleed’s recent bets on San Francisco-based microblogging company Twitter Inc. (TWTR) and Beijing-based online retailer JD.com Inc., as well as potential public offerings of hospitality companies Four Seasons Hotels Inc. and Fairmont Hotels & Resorts Inc., have helped reverse a slump that has weighed down his publicly traded holding company since the 2008 global financial crisis.
“We have hidden treasures, lots of rich assets that aren’t publicly traded,” Alwaleed, 58, said by phone from Crans-Montana, Switzerland, where he was vacationing with his family. “They are worth more than $11 billion to $12 billion, and the market could value them at more than double that.”"
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