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Prince Alwaleed: I have $11 to $12 billion in ‘hidden treasures’ that aren’t publicly traded
Financial Post ^ | February 11, 2014 | Linette Lopez

Posted on 02/11/2014 6:03:34 PM PST by rickmichaels

Prince Alwaleed, Saudi Arabia’s self-proclaimed Warren Buffett, has seen his fund, Kingdom Holdings, return 52% since Sept. 5, when it hit a 52-week low.

And the prince has told Bloomberg that there’s more where that came from.

“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.”

(Excerpt) Read more at business.financialpost.com ...


TOPICS: Miscellaneous
KEYWORDS: alwaleed; alwaleedbintalal; princealwaleed; saudiarabia

1 posted on 02/11/2014 6:03:34 PM PST by rickmichaels
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To: rickmichaels

is he starting a special geo-caching Olympics?

lol


2 posted on 02/11/2014 6:04:24 PM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: GeronL; Kartographer

“We have hidden treasures”

HE’S A PREPPER !


3 posted on 02/11/2014 6:05:29 PM PST by staytrue
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To: staytrue

Uber-Prepper

I bet he has a yacht too


4 posted on 02/11/2014 6:06:40 PM PST by GeronL (Vote for Conservatives not for Republicans!)
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To: rickmichaels
self-proclaimed Warren Buffett

So the Prince doesn't pay taxes either?

5 posted on 02/11/2014 6:07:32 PM PST by Zuben Elgenubi (NOPe to GOPe)
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To: rickmichaels

“Prince Alwaleed: I have $11 to $12 billion in ‘hidden treasures’ that aren’t publicly traded”

Probably all the gold from Ft. Knox that Carter used to buy oil in ‘79.


6 posted on 02/11/2014 6:15:27 PM PST by Larry - Moe and Curly (Loose lips sink ships.)
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To: rickmichaels; All

All the cheereleaders of Faux News take note: Alawaleed bin-Talal is part owner of Faux News...and has come out against US fracking and oil development.

Note Faux News liberal and pro-terrorist bent recently...


7 posted on 02/11/2014 6:25:49 PM PST by SeminoleCounty (Diversity is just racism against white folks)
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To: GeronL

He probably has a small army with enough weapons and ammunition to make any other prepper look like a piker.


8 posted on 02/11/2014 6:32:16 PM PST by staytrue
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To: rickmichaels

The total value of all the coins nabbed in Super Mario Brothers.


9 posted on 02/11/2014 6:33:29 PM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: rickmichaels

I have untold treasure laid up in Heaven, where moth and rust do not corrupt, and where thieves do not break through and steal.

I’m sorry you have only a transient pittance stored up here on earth, “Prince” Alwaleed.

Abandon your false pedophile moon-god “Allah” and discover the One True God and His Son, JESUS the CHRIST, and your life will be transformed in ways that you can then proclaim all over the world.


10 posted on 02/11/2014 6:34:22 PM PST by Nervous Tick (Without GOD, men get what they deserve.)
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To: rickmichaels

And he just wants $35 to obtain the customs declaration for your parcel.


11 posted on 02/11/2014 6:35:05 PM PST by SkyDancer (Live your life in such a way that the Westboro church will want to picket your funeral)
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To: rickmichaels

Does this Arab know when the SHTF, his money won’t be worth spit?


12 posted on 02/11/2014 6:39:18 PM PST by tennmountainman (Just Say No To Obamacare)
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To: rickmichaels

He probably has some of those famous artworks by the Masters Of Art that are classified as “whereabouts unknown”. They’re worth millions, but they’re stashed away in some creepy old billionaire’s storage. Because he has far more money than he has time, and obsessive greed is a mental disorder.


13 posted on 02/11/2014 6:45:04 PM PST by jespasinthru (Proud member of the Vast Right-Wing Conspiracy)
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To: tennmountainman

“Does this Arab know when the SHTF, his money won’t be worth spit?”

I suspect he has prepped for SHTF. He may have better preperations than the POTUS. I mean if you were worth 50-100 billion, a billion dollar survival compound would be well inside your budget. And 1 billion goes pretty far along those lines.


14 posted on 02/11/2014 6:54:39 PM PST by staytrue
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To: rickmichaels

And in other news Obama STILL refuses to allow oil drilling on US soil and offshore. Oh yeah. Better not allow the Keystone pipeline or Buffet will lost his profits from rail oil transportation.


15 posted on 02/11/2014 7:27:45 PM PST by Organic Panic
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To: rickmichaels

Who will get your hidden treasures when you join Mohammed in hell?


16 posted on 02/11/2014 9:25:55 PM PST by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Nervous Tick

Great post Nervous Tick!


17 posted on 02/12/2014 12:16:12 PM PST by houeto (We intend to liberate Democrats from the dreaded Job-Lock this November!)
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