Best international business news reporting in magazines
AWARD YEAR: 2013
AWARD NAME: The Morton Frank Award 2013
RECIPIENT: Kerry Dolan
AFFILIATION: Forbes
HONORED WORK: “Prince of Insecurity”
This reexamination by Forbes of one of its “Rich List” constituents unmasked the myth of Prince Alwaleed as the “Buffett of Arabia.” Kerry Dolan’s reporting and analysis revealed a pattern by the Prince of “systematically exaggerating” the market value of Kingdom Holding, his publicly traded company, and other assets while misleading journalists and the public about his real net worth and his golden touch as an international investor.
Citation for Excellence:
Nicholas Shaxson
Vanity Fair
“A Tale of Two Londons”