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Prince Alwaleed Loves Companies Touched By The US Government

Kingdom Holding Co. said the investment firm and its chairman, Saudi Arabian billionaire Prince Alwaleed Bin Talal, invested $500 million in General Motors Co.’s recent initial public offering. The transaction represents 1% of the value of GM’s subscriptions, Kingdom Holding said Tuesday in a statement emailed to Zawya Dow Jones. The firm cited “the global strength of the General Motors brand, the relatively attractive offering price, and the company’s growth prospects in Brazil and China.” [WSJ]

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16 Responses to “Prince Alwaleed Loves Companies Touched By The US Government”

  1. Of course, it could just be his affinity for horse power.

    -Guy that’s Killing It with the Lame Jokes

  2. tits says:

    inappropriate touching

  3. Snoop D-O-double-G says:

    I like Prince Aldaweed better

  4. Shia Feva says:

    “When asked about the Chinese Economic Bubble, the prince calmly removed his sunglasses and responded, ‘What?’ ”

  5. xel says:

    Seeing that picture and reading the heading makes me think of this http://www.youtube.com/watch?v=Kz5SrPZfyMc

  6. Yo Me says:

    he needs a good place to reinvest al the billions he made in citi

  7. Winkleballs says:

    Nice saddle!

  8. That Glad™ Tall Kitchen Bag shirt never gets old.

  9. Fa'ad says:

    that horse must be really inexpensive. look at how big it is!

  10. Texashedge says:

    Poppin that collar like a baller

  11. Mustang says:

    Would make more sense had he bought stock in F.

  12. boom says:

    Sure is a strange looking camel.

  13. Guest says:

    One might say he likes to “touch the US government’s junk”

  14. Angry King says:

    this guy a fucking idiot.. he thinks he is warren but is a dumb fuck … if he didnt have a kingdom bankrolling his moronic investments, he would be bankrupt .. his ego is inversely proportional to his investment skills… and get off that horse you fucking knob

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