Friday, June 07, 2013

Rich People Libel



Saudi Prince Alwaleed bin Talal, who owns London's Savoy hotel, is suing Forbes magazine for libel.

What did they do? They underestimated his wealth in their most recent "Rich List". Forbes said he had $20 billion. The prince says he has $30 billion.

How can he show his face when they've only ranked him #26 on the list?

You can see why he had no choice but to sue them for libel.