Jun 18 2007
12:25PM
EDT
The New Berkshire Hathaway?
Fancy investing in an extremely successful hedge fund without paying 2-and-20? Kingdom Holdings might be your best bet yet.
It is the investment vehicle of Saudi Arabian billionaire Prince Alwaleed bin Talal, and it is planning to raise $840 million in an I.P.O. on the Saudi stock exchange.
The stake would value Alwaleed's company at $16.8 billion. Sound rich? Well, consider this...
The full Market Movers post can be found here.
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