Behind every billionaire there is a story!

Alwaleed’s Kingdom Holding to Sell 5% of Its Shares to Public

Kingdom Holding Co., the Saudi Arabian investment company owned by billionaire Prince Alwaleed bin Talal, will sell 315 million shares, or 5 percent of its equity, in an initial public offering.The Riyadh-based company, which has a share capital of 63 billion riyals ($16.8 billion)

Alwaleed’s assets include 4.4 percent of Citigroup Inc., 22.2 percent of Four Seasons Hotels Inc. and 10 percent of Euro Disney SCA

story published by Bloomberg here:

 http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ad_s15X_3ews