“What? You don’t have gold in your jumbo jet?”
Prince Alwaleed bin Talal, the billionaire Saudi investor, said his choice to succeed Rupert Murdoch at the head of News Corp. is son James Murdoch.
“If he doesn’t appoint him, I’ll be the first one to nominate him to be the successor of Mr. Rupert Murdoch,” Alwaleed said in an interview on the Charlie Rose program, to be shown tonight. Alwaleed held a 7 percent stake in News Corp. as of an Aug. 20 proxy statement.
via Alwaleed Backs James Murdoch as News Corp. Successor (Update2) – BusinessWeek.
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