posted on Jun, 8 2013 @ 12:05 PM
Okay, that's not quite the wording for the lawsuit, but it's what it says in meaning. Really! Some things need to be read to be believed. Anyone
wanna take a wild guess at who would be so offended by merely being described as a multi-billionaire but not 'Multi-' enough??
Well, lets have a good look at Hubris, big as life.
Saudi billionaire Prince Alwaleed bin Talal has sued Forbes magazine for libel in a British court, alleging its valuation of his wealth at $20
billion (12.8 billion pounds) was short of the mark by $9.6 billion, Britain's Guardian newspaper reported on Friday.
(GASP) Oh the horrors. How dare they underestimate his filthy richness by a whopping 9 billion! The nerve! The gall!
This year's Forbes World Billionaires list was published on March 4, and the following day Kingdom Holding said the valuation process used
"incorrect data" and "seemed designed to disadvantage Middle Eastern investors and institutions".
Yeah, that's it. They sit down to form the world's richest people, based on known and available financial data, and then jigger the whole list based
on nationality or ethnicity. Well, that just explains everything. The dirty scoundrels! (trying not to laugh)
Why London? Why sue there? Forbes is a US based publication, right? Well... Have you ever heard of Doctor shopping? How about Judge or Court shopping?
The terms refer to the practice of choosing or hunting professionals in an area, most likely to deliver a favorable outcome to what you're looking
When you are a billionaire enough times over to buy many small nations and still have enough left, for say, a fleet of jets and new airports to land
them at? The term becomes NATION shopping.
Media lawyer Jonathan Coad, of the London firm Lewis Silkin, said London was seen as a more attractive place than New York to bring defamation
suits because U.S. libel law made higher requirements of claimants.
"In the U.S., a high-profile claimant has to prove firstly that the article was untrue and secondly that the publisher knew that the article was
untrue, which is what we call malice. Those are two hurdles that a UK libel action does not present," said Coad, who is not involved in the Prince
This is a man I think we can all safely conclude will never get an award for having the 'pulse' of the common man ...or really giving a hoot,
anyway. Such is what life looks like when you have SO much money, it's lost all conceivable meaning as us normal folk would think of it.
The world really does take all kinds, eh?