“Princess Latifa Bin Fahd bin Abdulaziz Al Saud, who is 54 and a daughter of former king Fahd, bought the 18,800-square-metre (202,362-square-foot) estate from the wealthy Nordmann family that co-owns upscale department store chain Manor and the maker of Lacoste clothing. The purchase price for the property is the second-highest on record in the city. The villa on the estate, known as Hauterive, is protected along with other properties overlooking Lake Geneva. Al Saud joins a number of other Saudi royals who already live in luxurious settings in the canton of Geneva.”
http://www.thelocal.ch/20130902/saudi-princess-snaps-up-geneva-estate
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