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0 pointsedmundsauto6y ago0 comments

It was my understanding there isn't much difference between the prince and the company and the country. Is that inaccurate?

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PopeDotNinja6y ago

If 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).

aliswe6y ago

Just 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.

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PopeDotNinja6y ago

aliswe6y ago

Some of those real estate projects look private to me.

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