4 ms·
It was my understanding there isn't much difference between the prince and the company and the country. Is that inaccurate?
by edmundsauto 7y ago
It was my understanding there isn't much difference between the prince and the company and the country. Is that inaccurate?
- PopeDotNinja 7y agoIf the state owned oil companies pay a lot to the royal family, that's kind of like you owning the company and setting your own salary to whatever you want. There's a difference on paper, but not in spirit (to me anyway).
- aliswe 7y agoJust as an example, Prince Waleeds fortune is more or less self made. Furthermore, his company "Kingdom Holding" (IIRC) is to my knowledge not owned by the government (but it's a public company so that big investment fund - is it called the PIF? - could theoretically buy KH stock.) Some of those real estate projects look private to me.