Financial-Rescue

Saudi Prince Alwaleed bin Talal purchases Trump yacht during financial crisis

| Importance: 6/10

Saudi Prince Alwaleed bin Talal purchased Trump’s yacht “Trump Princess” for $20 million in 1991, providing crucial liquidity during Trump’s severe financial crisis. Trump had bought the 282-foot yacht (originally owned by arms dealer Adnan Khashoggi) for $29 million in 1988, …

Prince Alwaleed bin Talal Donald Trump Trump Organization Saudi Arabia emoluments foreign-influence saudi-arabia financial-rescue debt-crisis
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