Financial Times FT.com

Alwaleed backs James Murdoch

By Kenneth Li in New York

Published: January 22 2010 02:00 | Last updated: January 22 2010 02:00

Prince Alwaleed bin Talal al-Saud of Saudi Arabia will back James Murdoch as Rupert Murdoch's successor at News Corp when the elder media tycoon is ready to retire.

"If he [Rupert Murdoch] doesn't appoint him, I'll be the first one to nominate him to be the successor of Mr Rupert Murdoch, God forbid if something happens to him," Prince Alwaleed said on the Charlie Rose show this week.

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