Posts

Showing posts from December, 2008

Extreme wealth of Prince Al-Waleed

Image
Amidst the financial crisis ther e are those who are not bothered about the majority of the peoples' concern. Among them are the oil tycoons whose networth perpetually increases. Do you know how they earn them and what they do with all these money? Now you are on the right track to find out the mischief these corrupted people are causing. The Saudi prince AlWaleed bin Talal is ranked among top 20 richest people in the world for the last deca de . Does any body know the real initial source of his income? I mean how did he get so much money to buy a stake in Citi bank in the 1990s? You see all the megazines and news papers are busy telling us how smart he was in his investments but they never tell us that the origin of it are oil money that belonged to the people. His current yacht Kingdom5 kr is 86m and was built in 1980. Not fully satisfied to his standards the Prince commissioned The New Kingdom5 kr : The "New Kingdom5KR" is the latest example of AlWaleeds ext...