Saudi billionaire Prince Alwaleed bin Talal said all of his stakes in public companies including Citigroup Inc. are potentially for sale, reversing a longstanding policy that some of his most prized shareholdings were “forever.”
Kingdom Holding Co., the Saudi prince’s investment firm, has held Citigroup shares since 1991, according to its website, a span that included its 98 percent plunge during the financial crisis. It’s since rallied 436 percent. It’s had Apple Inc. for almost 20 years and EBay Inc. for 16 years. Kingdom Holding, in which the prince owns a 95 percent stake, has about 5 percent of Twitter valued around $1 billion, he said.
