Prince Alwaleed Lost $4 Billion This Year.

Discussion in 'Wall St. News' started by greatlakes_ted, Dec 16, 2008.

  1. Well, it's not like he did a lot of hard work to earn the billions in the first place.

    I read that there were 7000 members of the royal family on the gov payroll each year.
  2. talknet


    2nd richest man "Mukesh Ambani" lost $35 billion+ this year (if I am correct)

    Now he is begging for financial help from banks & investment companies so that he can sustain/run his business.

    In fact all the billionaire industrialists worldwide are in the same position as that of Mukesh Ambani (begging for financial help)
  3. BigGun


  4. The year ain't over yet. Eight trading days left in the year, anything can happen.
  5. talknet


    This means many more Multi-billion dollar's beggars
  6. It figures the top 3 losers are indians, their stock market plunged. Only a year ago it was roaring and they were 3 in the top 10 richest people. Their wealth was the emerging market bubble, now gone.
  7. You guys think these fat cats knew about put options?