PARIS - Prince Alwaleed bin Talal, billionaire nephew of Saudi Arabia's king, said on Tuesday only a minority were involved in violent anti-US protests over a film mocking the Prophet Mohammad and Islam was too strong to warrant such an uproar over the matter.

Known for his investments in some of the world's top firms including Citigroup, Alwaleed told Reuters in an interview that reforms in his homeland, the world's top oil exporter, were not going fast enough and that Arab states must learn lessons from Arab Spring revolts to avoid being swept by more violence.

"This despicable and disgusting 12-minute movie is really unacceptable, but having said that we shouldn't honor (it) with such demonstrations and give it so much attention," he said after opening a new Islamic art wing at the Louvre in Paris.

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