"BRETT SIEGEL IS ONE OF THE MOST KNOWLEDGEABLE PEOPLE IN MIDDLE EAST REAL ESTATE. I HIGHLY RECOMMEND READING UAE MEGA PROJECTS." Khizer Schon Husain, VP, Schon Properties, Dubai

Monday, March 10, 2008

Prince Alwaleed's $496,000,000 Flying Mega Project!!

Continuing on from my last post about The Arab Billionaires, let's take a look at one of the most unique and amazing Mega Projects anywhere. One that flies....and belongs to the World's Richest Arab-- Prince Alwaleed bin Talal of Saudi Arabia! The Prince is one of the greatest businessmen in history and perhaps the greatest Arab investor EVER. The Prince founded and controls Kingdom Holding, a conglomerate with interests in some of the largest companies in the world including Citigroup, Newscorp, Disney, Apple, Time Warner, and many more.

The Prince, of course, is a busy man and thus does a lot of flying. Being the World's Richest Arab, Prince Alwaleed does not settle for an ordinary private jet. The Prince, in fact, is the first individual to order a private Airbus A380. The cost? A whopping $320,000,000!! The Prince has also announced that he will be spending another $176,000,000 to customize his new jet.....for a TOTAL COST OF $496,000,000!! This "Flying Palace" as it is being called, certainly deserves Mega Project status with a price tag of HALF-A-BILLION DOLLARS!! And this Mega Project flies!

The Airbus A380 is the world's biggest passenger plane. It is as tall as a 7 storey building. The wings are so big that each one is the length of a football field. The 380 can easily carry 853 passengers. The plane has 6,640 square feet of living space-- the same amount of space that most mansions have! The minimum flight crew needed by The Prince for each flight is 15-- most mansions don't even have 15 servants. And...to top it all off...Prince Alwaleed ALREADY owns his own private 747 Jumbo Jet!! You have to admire The Prince, he is the living embodiment of the word Mega!

The Prince's Airbus is being designed by Ed├ęse Doret and some of the incredible accommodations aboard will include:

> A Super Futuristic/Arabian overall theme for the entire plane,
> Grand Entrance,
> A Movie Theatre,
> A Gym,
> A Sauna and Whirlpool Bath,
> A variety of spacious bedrooms including The Prince's own Master Suite,
> An Office where The Prince will conduct business,
> Gourmet Kitchen,
> Luxury Dining Room,
> Conference Room,
> Two VIP Lounges,
> Wet Bar,
> A Game Room,
> And...best of all... a PRIVATE MISSILE SYSTEM, in case someone decides to attack The Prince while he is in flight!!
>> There will be, I am sure, many other amazing features to this Flying Mega Project!

Prince Alwaleed, who created the magnificent Kingdom Centre in Riyadh, Saudi Arabia, has done it once again with this Half-A-Billion Dollar Flying Mega Project! This is truly "Life At The Top!"

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