“When you have £16billion in the bank, a Cessna is simply not an option. Instead, Prince Alwaleed bin Talal al-Saud is about to take delivery of an Airbus A380, the world’s biggest private jet. The same model is used by Singapore Airlines and Emirates and can fly 800 passengers 8,000 miles before refuelling. But the Saudi prince doesn’t need 800 seats, so he will have them removed to make room for an opulent, marble-finished Turkish bath and a parking space for his Rolls-Royce. The Western-educated prince, 57, is known as the Warren Buffett of the Middle East because of his reputation as a shrewd investor. He also owns 7 per cent of Rupert Murdoch’s News Corporation.”
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