Notes on Crown Prince Mohammed bin Salman

Overview of Wealth and Lifestyle

• Crown Prince Mohammed bin Salman (MBS) exemplifies extreme wealth and luxury.
• Known for extravagant purchases and lavish lifestyle.
• Lives in multiple mansions; luxury knows no limits.

Extravagant Possessions

Yachts

• Pegasus:

  • Cost: $200 million.
  • Interior like a golden palace with luxurious amenities (spa, gym, cinema).
  • Requires millions for maintenance annually.

• Serene:

  • Cost: $550 million.
  • Larger and more luxurious than Pegasus.
  • Includes features like a spa, movie theater, helicopter, and submarine.

Art Collection

• Salvatore Mundi (da Vinci painting):
  • Purchased for $450 million.
  • High-profile acquisition shrouded in mystery.

Real Estate

• Chateau Louis XIV:

  • Cost: $320 million.
  • Modern estate with 17th-century style and latest technology.
  • Features include an underwater meditation room and a luxurious wine cellar.

• Other residences include Al Yamamar Palace and Urca Palace, showcasing opulence.

Transportation

• Collection of luxury cars:
  • Notable examples: Bugatti Chiron, Lamborghini Aventador, McLaren P1, Rolls-Royce Phantom.
• Private jets include custom Airbus A380 and Boeing 747, reflecting ultimate luxury in air travel.

Sports Investments

• Bought Newcastle United for $388 million; aims to enhance the club's status.
• Investments in international sports, including WWE, boxing, and soccer.

Philanthropy and Social Initiatives

• Active philanthropy through the Prince Mohammed bin Salman Foundation (MISC).
• Focus on education, culture, and technology to empower youth in Saudi Arabia.
• Significant aid to international humanitarian efforts, including support for Syrian and Rohingya refugees.

Social Reforms

• Initiatives to modernize Saudi society, including allowing women to drive.
• Increased entertainment and cultural events; creation of the General Entertainment Authority.

Economic Strategy

• Chair of the Public Investment Fund (PIF), investing in diverse industries (technology, real estate, sports).
• Vision 2030 aims to diversify Saudi economy away from oil dependency.

Future Projects

• Neom Project:
  • $1 trillion futuristic city to accommodate 9 million people.
  • Focus on sustainability, innovation, and modern living.

Conclusion

• Crown Prince Mohammed bin Salman is not only a wealthy individual but also a transformative leader aiming to reshape Saudi Arabia's future with extensive reforms and investments.