saudi prince alwaleed is furious with "forbes" for apparently undervaluing his fortune.teve forbes on this program earlier this week dismissed those charges, but today the prince's chief financial officer for kingdom holdings makes his case exclusively on the "closing bell." >> he says he just doesn't like the methodology. tell us where we stand as we approach the final stretch on wall street. as you can see, we've seen the market come off the highs for the day seeing the double-digit move up 25 points on dow jones industrial average. uncharted territory and nasdaq composite higher, though, it, too, off the best levels with a gain in the session of 7.5 and s&p 500, 2.75 points higher on the standard & poor's. in today's "closing bell" exchange, jack abalin with bmo, rick fehr, mark auto from knight capital and our own rick santelli. good to see everybody. >> welcome, guys. >> thanks so much for joining us. >> good to be here. let me start actually on the flow, mark otto. you are there and where are you seeing the money move today given the fact that we're in uncharted re

he put out a press release stating prince alwaleed has taken this step because he felt he could no longers that involved incorrect data. he says you have short changed him on this list. he's worth a lot more than you have him down on the list. >> well, first of all, he is very successful, $20 billion is not chicken feed. >> said it should be 29 billion. >> we raised him 2 billion and explain online and in the upcoming issue which comes out tomorrow how we arrived at this figure, and, you know, 107 times earnings, very hard to do, so it's a matter of scorecard. the man is immensely successful, but he thinks it should be higher and we feel 20 billion versus 18 last year is a good valuation so he wants it at 30, we say 20 and we'll see who is right in the next few years. >> did you change your methodology? >> no, that's always been the same. looked behind the assets and tried to get the real value and try to make -- we went out of our way. put the highest multiples we could on most of the holdings that we could, and weould get it above $20 billion, so 20 billion, he's crying. he should be ha