News: "I Have $11 To $12 Billion In 'Hidden Treasures' That Aren't Publicly Traded"- Saudi Arabia's Billionaire, Prince Alwaleed

Prince Alwaleed, Saudi Arabia's self-proclaimed Warren Buffett, has seen his fund, Kingdom Holdings, return 52% since Sept. 5, when it hit a 52-week low.

And the prince has told Bloomberg that there's more where that came from.
“We have hidden treasures, lots of rich assets that aren’t publicly traded,” Alwaleed, 58, said by phone from Crans-Montana, Switzerland, where he was vacationing with his family. “They are worth more than $11 billion to $12 billion, and the market could value them at more than double that.”
His big winners recently have been Twitter, the Fours Seasons, and Chinese e-commerce retailer JD.com Inc. It's the second biggest e-commerce site in China and is considering an IPO.
Alwaleed owns 95% of Kingdom Holdings and has said since the company went public in 2008 he hasn't sold a single share. He's chasing Warren Buffett, his idol, but says that despite his recent success he won't be catching up to the Oracle of Omaha any time soon.
Alwaleed's openness about his wealth has not quieted the doubters, though. Last year, Alwaleed severed ties with Forbes' Billionaires List, saying that the publication's reporters gave Kingdom Holdings undue, biased scrutiny.