Saudi Billionaire prince to customize A380 for $176m
Feb 17, 2008 | 06:08 PM
#11
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Feb 17, 2008 | 06:11 PM
#12
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Incorrect Comrade. Unless you think $330,000 is a lot of money.
Al-Walid began his business career in 1979 upon graduation from Menlo College. Funded by a $30,000 loan from his father and a $300,000 mortgage on his house, he initially brokered deals with foreign firms wishing to do business in Saudi Arabia. This was followed by land deals in the 1980s along with major investments in the Saudi banking industry, which proved to be undervalued at the time
One can speculate that the name might have helped in the business world, but the truth remains that the man is self-made, that is why he known as the Warren Buffet of the Middle East.
Last edited by KAZ555; Feb 17, 2008 at 06:15 PM.
Feb 17, 2008 | 06:18 PM
#13
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Incorrect Comrade. Unless you think $330,000 is a lot of money.
Al-Walid began his business career in 1979 upon graduation from Menlo College. Funded by a $30,000 loan from his father and a $300,000 mortgage on his house, he initially brokered deals with foreign firms wishing to do business in Saudi Arabia. This was followed by land deals in the 1980s along with major investments in the Saudi banking industry, which proved to be undervalued at the time
One can speculate that the name might have helped in the business world, but the truth remains that the man is self-made, that is why he known as the Warren Buffet of the Middle East.
Al-Walid began his business career in 1979 upon graduation from Menlo College. Funded by a $30,000 loan from his father and a $300,000 mortgage on his house, he initially brokered deals with foreign firms wishing to do business in Saudi Arabia. This was followed by land deals in the 1980s along with major investments in the Saudi banking industry, which proved to be undervalued at the time
One can speculate that the name might have helped in the business world, but the truth remains that the man is self-made, that is why he known as the Warren Buffet of the Middle East.
Feb 17, 2008 | 06:27 PM
#15
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From: the north.
Incorrect Comrade. Unless you think $330,000 is a lot of money.
Al-Walid began his business career in 1979 upon graduation from Menlo College. Funded by a $30,000 loan from his father and a $300,000 mortgage on his house, he initially brokered deals with foreign firms wishing to do business in Saudi Arabia. This was followed by land deals in the 1980s along with major investments in the Saudi banking industry, which proved to be undervalued at the time
One can speculate that the name might have helped in the business world, but the truth remains that the man is self-made, that is why he known as the Warren Buffet of the Middle East.
Al-Walid began his business career in 1979 upon graduation from Menlo College. Funded by a $30,000 loan from his father and a $300,000 mortgage on his house, he initially brokered deals with foreign firms wishing to do business in Saudi Arabia. This was followed by land deals in the 1980s along with major investments in the Saudi banking industry, which proved to be undervalued at the time
One can speculate that the name might have helped in the business world, but the truth remains that the man is self-made, that is why he known as the Warren Buffet of the Middle East.
Feb 17, 2008 | 06:30 PM
#16
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That is irrelevant, I made the reference to to Buffet because I was trying to exemplify the fact that he is a self made man, and I wouldn't be suprised if he wipes his ass with money.
Feb 17, 2008 | 06:32 PM
#17
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Incorrect Comrade. Unless you think $330,000 is a lot of money.
Al-Walid began his business career in 1979 upon graduation from Menlo College. Funded by a $30,000 loan from his father and a $300,000 mortgage on his house, he initially brokered deals with foreign firms wishing to do business in Saudi Arabia. This was followed by land deals in the 1980s along with major investments in the Saudi banking industry, which proved to be undervalued at the time
One can speculate that the name might have helped in the business world, but the truth remains that the man is self-made, that is why he known as the Warren Buffet of the Middle East.
Al-Walid began his business career in 1979 upon graduation from Menlo College. Funded by a $30,000 loan from his father and a $300,000 mortgage on his house, he initially brokered deals with foreign firms wishing to do business in Saudi Arabia. This was followed by land deals in the 1980s along with major investments in the Saudi banking industry, which proved to be undervalued at the time
One can speculate that the name might have helped in the business world, but the truth remains that the man is self-made, that is why he known as the Warren Buffet of the Middle East.
Somehow I think a prince would have more coin then that.
Feb 17, 2008 | 06:34 PM
#18
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I like how you believe everything posted on wiki. The part about how he got his start has no source so it could be all made up. Next time you quote something word for word from another source why don't you mention it? http://en.wikipedia.org/wiki/Al-Waleed_bin_Talal
Somehow I think a prince would have more coin then that.
Somehow I think a prince would have more coin then that.
Mar 11, 2008 | 12:51 PM
#19
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F***. Is it compulsory that any time there is any mention of middle eastern person with money, that we get into a heated debate about how its all oil money, and its "bad" money?
He has F*** you money. There are lots of others that have F*** you money.
The OP was showing us that this specific individual bought a A380, and has also decided to customize it to the tune of almost 50% of the initial value of the plane. Let it be. Comment on the plane. If you dont like it, say it. If you like it, say it. Can we stop arguing about the same thing, day in, day out??
/rant
He has F*** you money. There are lots of others that have F*** you money.
The OP was showing us that this specific individual bought a A380, and has also decided to customize it to the tune of almost 50% of the initial value of the plane. Let it be. Comment on the plane. If you dont like it, say it. If you like it, say it. Can we stop arguing about the same thing, day in, day out??
/rant
Mar 13, 2008 | 09:05 PM
#20
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he actually watches over his money very carefully. he has personal advisors and accountants that travel with him constantly.
and to the comment in regards to it being oil money... he is actually an investor of sorts and has not made most his fortune (22 billion) in that industry as far as I know.
and to the comment in regards to it being oil money... he is actually an investor of sorts and has not made most his fortune (22 billion) in that industry as far as I know.