Friday, January 29, 2016

TWITTER BATTLE: Prince Alwaleed bin Talal vs. Donald Trump

Donald Trump tweeted out this photoshopped pic.

Saudi Prince Alwaleed bin Tala, whose holding company Kingdom Holdings up until recently held a 6.6%stake  in FOX parent News Corp,,responded:

 Alwaleed purchased New York City's Plaza Hotel from Trump in 1995,  when he was in financial trouble.  Alwaleed's website has called the purchase "a bailout valued at $325 million."

Trump had bought the posh hotel for $400 million in 1988. Trump remained a minority partner in the hotel after the sale, the paper reported, but assumed "a substantially reduced role" in its operations. 

Alwaleed also purchased Trump's yacht, "The Trump Princess," after it was taken over by creditors in 1991.


No comments:

Post a Comment