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Prince's arrest casts pall over big companies

It could also hit investor confidence in Saudi Arabia as it tries to diversify its economy

Published Sun, Nov 5, 2017 · 09:50 PM
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Hong Kong

WITH the arrest of Prince Alwaleed bin Talal, the prominent billionaire investor, Saudi Arabia has touched one of the richest and most influential investors in the world.

Among Prince Alwaleed's crown jewels: sizeable stakes in Twitter, Lyft, Citigroup and 21st Century Fox. He has gone into business with some of the corporate world's biggest titans, from Bill Gates to Rupert Murdoch and Michael Bloomberg.

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