Saudi Prince Alwaleed has invested billions in companies around globeDUBAI (Reuters) - The detention of Saudi Arabia s Prince Alwaleed bin Talal, known for his big bets on Citigroup (C.N) and other top Western companies, could have an impact on billions of dollars of investments around the world. For many foreigners, Prince Alwaleed - whose net worth has been estimated by Forbes magazine at $17 billion - is the face of Saudi business, appearing frequently on international television and in articles on his investments and lifestyle. A 2013 Forbes magazine profile described his marble-filled, 420-room Riyadh palace, a private Boeing 747 equipped with a throne, and his 120-acre resort on the edge of the Saudi capital with five homes, five artificial lakes and a mini-Grand Canyon. He is also known for his outspoken views on politics - making headlines in 2015 when he called Donald Trump a  disgrace  on Twitter during the U.S. election campaign. Prince Alwaleed s investments, current and future, may now be in doubt after he was detained in an investigation by a new Saudi anti-corruption body.  There will be questions on what this all means,  said a senior executive at a European financial institution, who visited Riyadh late last month to attend a big international conference promoting Saudi Arabia as an investment destination.   People will be looking at any kind of international holdings of the people who have been arrested, to see what will be the impact.  Aside from a stake in Citigroup, Prince Alwaleed, 62, owns significant stakes in Twitter (TWTR.N), ride-hailing firm Lyft and Time Warner (TWX.N).  His investment firm Kingdom Holding 4280.SE - whose share price plunged 10 percent on Sunday in response to news of his detention - recently bought about half of a 31.1 percent stake in Saudi lender Banque Saudi Fransi 1050.SE from France s Credit Agricole (CAGR.PA). Prince Alwaleed s father was the kingdom s finance minister during the 1960s. Prince Alwaleed formed Kingdom Holding in 1979, initially pouring money into real estate in Riyadh; in the 1990s he ventured into Wall Street, investing heavily in Citigroup.  He had a close relationship with former Citigroup Chief Executive Sanford  Sandy  Weill, and has nurtured close ties with other Wall Street leaders including Goldman Sachs (GS.N) CEO Lloyd Blankfein.  Prince Alwaleed increased his stake in Citigroup at the height of the global financial crisis a decade ago and he has held on to the stake, saying as recently as last month that he was very happy with the investment.  He s always been a colorful and unofficial public face of Saudi Arabia, though he has never been a key decision-maker in the kingdom,  a Gulf-based businessman said. During the U.S. election campaign, Prince Alwaleed demanded that Trump withdraw from the election campaign after the candidate pledged to ban Muslims  entry into the United States. Trump responded by tweeting that the Saudi prince wanted to control  our politicians with daddy s money. Can t do it after I get elected.  After Trump s election victory, Prince Alwaleed said whatever their past differences, America had spoken, and he  congratulated Trump on his victory. Prince Alwaleed was an early advocate of women s employment in Saudi Arabia and a lifting of the ban on women driving. In September, King Salman ordered that the ban should be lifted next year. worldnews
saudi prince alwaleed invested billions companies around globedubai reuters the detention saudi arabia prince alwaleed bin tall known big bets citigroup top western companies could impact billions dollars investments around world for many foreigners prince alwaleed whose net worth estimated forbes magazine billion face saudi business appearing frequently international television articles investments lifestyle a forbes magazine profile described riyadh palace private boeing equipped throne resort edge saudi capital five homes five artificial lakes canyon he also known outspoken views politics making headlines called donald trump disgrace twitter election campaign prince alwaleed investments current future may doubt detained investigation new saudi body there questions means said senior executive european financial institution visited riyadh late last month attend big international conference promoting saudi arabia investment destination people looking kind international holdings people arrested see impact aside stake citigroup prince alwaleed owns significant stakes twitter firm left time warner his investment firm kingdom holding whose share price plunged percent sunday response news detention recently bought half percent stake saudi lender banquet saudi trans france credit agricole prince alwaleed father kingdom finance minister prince alwaleed formed kingdom holding initially pouring money real estate riyadh ventured wall street investing heavily citigroup he close relationship former citigroup chief executive stanford sandy will nurtured close ties wall street leaders including goldman sachs ceo lloyd blankfein prince alwaleed increased stake citigroup height global financial crisis decade ago held stake saying recently last month happy investment he always colorful unofficial public face saudi arabia though never key kingdom businessman said during election campaign prince alwaleed demanded trump withdraw election campaign candidate pledged ban muslims entry united states trump responded meeting saudi prince wanted control politicians daddy money can i get elected after trump election victory prince alwaleed said whatever past differences america spoken congratulated trump victory prince alwaleed early advocate women employment saudi arabia lifting ban women driving in september king salman ordered ban lifted next year worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Saudi Prince Alwaleed has invested billions in companies around globeDUBAI (Reuters) - The detention of Saudi Arabia s Prince Alwaleed bin Talal, known for his big bets on Citigroup (C.N) and other top Western companies, could have an impact on billions of dollars of investments around the world. For many foreigners, Prince Alwaleed - whose net worth has been estimated by Forbes magazine at $17 billion - is the face of Saudi business, appearing frequently on international television and in articles on his investments and lifestyle. A 2013 Forbes magazine profile described his marble-filled, 420-room Riyadh palace, a private Boeing 747 equipped with a throne, and his 120-acre resort on the edge of the Saudi capital with five homes, five artificial lakes and a mini-Grand Canyon. He is also known for his outspoken views on politics - making headlines in 2015 when he called Donald Trump a  disgrace  on Twitter during the U.S. election campaign. Prince Alwaleed s investments, current and future, may now be in doubt after he was detained in an investigation by a new Saudi anti-corruption body.  There will be questions on what this all means,  said a senior executive at a European financial institution, who visited Riyadh late last month to attend a big international conference promoting Saudi Arabia as an investment destination.   People will be looking at any kind of international holdings of the people who have been arrested, to see what will be the impact.  Aside from a stake in Citigroup, Prince Alwaleed, 62, owns significant stakes in Twitter (TWTR.N), ride-hailing firm Lyft and Time Warner (TWX.N).  His investment firm Kingdom Holding 4280.SE - whose share price plunged 10 percent on Sunday in response to news of his detention - recently bought about half of a 31.1 percent stake in Saudi lender Banque Saudi Fransi 1050.SE from France s Credit Agricole (CAGR.PA). Prince Alwaleed s father was the kingdom s finance minister during the 1960s. Prince Alwaleed formed Kingdom Holding in 1979, initially pouring money into real estate in Riyadh; in the 1990s he ventured into Wall Street, investing heavily in Citigroup.  He had a close relationship with former Citigroup Chief Executive Sanford  Sandy  Weill, and has nurtured close ties with other Wall Street leaders including Goldman Sachs (GS.N) CEO Lloyd Blankfein.  Prince Alwaleed increased his stake in Citigroup at the height of the global financial crisis a decade ago and he has held on to the stake, saying as recently as last month that he was very happy with the investment.  He s always been a colorful and unofficial public face of Saudi Arabia, though he has never been a key decision-maker in the kingdom,  a Gulf-based businessman said. During the U.S. election campaign, Prince Alwaleed demanded that Trump withdraw from the election campaign after the candidate pledged to ban Muslims  entry into the United States. Trump responded by tweeting that the Saudi prince wanted to control  our politicians with daddy s money. Can t do it after I get elected.  After Trump s election victory, Prince Alwaleed said whatever their past differences, America had spoken, and he  congratulated Trump on his victory. Prince Alwaleed was an early advocate of women s employment in Saudi Arabia and a lifting of the ban on women driving. In September, King Salman ordered that the ban should be lifted next year. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: saudi prince alwaleed invested billions companies around globedubai reuters the detention saudi arabia prince alwaleed bin tall known big bets citigroup top western companies could impact billions dollars investments around world for many foreigners prince alwaleed whose net worth estimated forbes magazine billion face saudi business appearing frequently international television articles investments lifestyle a forbes magazine profile described riyadh palace private boeing equipped throne resort edge saudi capital five homes five artificial lakes canyon he also known outspoken views politics making headlines called donald trump disgrace twitter election campaign prince alwaleed investments current future may doubt detained investigation new saudi body there questions means said senior executive european financial institution visited riyadh late last month attend big international conference promoting saudi arabia investment destination people looking kind international holdings people arrested see impact aside stake citigroup prince alwaleed owns significant stakes twitter firm left time warner his investment firm kingdom holding whose share price plunged percent sunday response news detention recently bought half percent stake saudi lender banquet saudi trans france credit agricole prince alwaleed father kingdom finance minister prince alwaleed formed kingdom holding initially pouring money real estate riyadh ventured wall street investing heavily citigroup he close relationship former citigroup chief executive stanford sandy will nurtured close ties wall street leaders including goldman sachs ceo lloyd blankfein prince alwaleed increased stake citigroup height global financial crisis decade ago held stake saying recently last month happy investment he always colorful unofficial public face saudi arabia though never key kingdom businessman said during election campaign prince alwaleed demanded trump withdraw election campaign candidate pledged ban muslims entry united states trump responded meeting saudi prince wanted control politicians daddy money can i get elected after trump election victory prince alwaleed said whatever past differences america spoken congratulated trump victory prince alwaleed early advocate women employment saudi arabia lifting ban women driving in september king salman ordered ban lifted next year worldnews