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Go For Broke: How Saudi Prince Bailed Out Donald Trump Two Times

2 Min Read

Donald Trump may have a lot more to thank Muslims for than he lets on. It seems one of the world’s richest men, Saudi Arabian royal, Prince Al-Waleed Bin Talal bin Abdulaziz has bailed him out of debt two times in the past.

The war of words erupted on Twitter on Thursday after Trump posted a photoshopped image that showed Prince Al-Waleed Bin Talal bin Abdulaziz with Fox News anchor Megyn Kelly describing Al-Waleed as a “co-owner of Fox News”.
Al-Waleed hit back soon after on Twitter, saying in a tweet that he had bailed out the billionaire invested twice.

The prince, who is chairman of the board of Kingdom Holding Company, an investment holding company, included a link to a news report about him buying Trump’s yacht Trump Princess in 1991 after the billionaire was in debt for $900 million.

The news report also said Al-Waleed took a controlling stake in Trump’s Plaza Hotel in New York in 1995, when Trump was unable to make loan payments.
This is not the first time Trump and Al-Waleed have faced off on Twitter. After Trump called for a ban on the entry of all Muslims into the US last month, Al-Waleed said the Republican front-runner was a “disgrace” to his party and should withdraw from the presidential race.

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