Saudi Prince Alwaleed bin Talal lost a lawsuit over a US$10-million commission on an airplane he sold to former Libyan leader Muammar Gaddafi, in which a judge accused him of being “completely unreliable.”
Alwaleed, the 21st-richest man in the world, must pay Jordanian businesswoman Daad Sharab commission on the US$120-million sale of the Airbus A340 in 2006, Judge Peter Smith ruled in London today.
Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London, and New York, as possible locations to build a mile-high skyscraper that would be the world's tallest building by far.
As the US-Saudi 'secret' oil deal continues to depress the price of oil, pressure Russian revenues, squeeze European budgets, and raise doubts about the status quo (OPEC and the rest of the world), not all of The Kingdom's elites are happy.
For two years, one of the world's wealthiest men, Prince Alwaleed bin Talal of Saudi Arabia, was locked in a battle with Forbes over his net worth, with the prince claiming the publication had underestimated his fortune by nearly $9.6 billion.