Saudi Prince Alwaleed bin Talal purchases Trump yacht during financial crisis

confirmed Importance 6/10 ~1 min read 3 sources 4 actors

Financial Capture Intelligence Penetration

Saudi Prince Alwaleed bin Talal purchased Trump’s yacht “Trump Princess” for $20 million in 1991, providing crucial liquidity during Trump’s severe financial crisis. Trump had bought the 282-foot yacht (originally owned by arms dealer Adnan Khashoggi) for $29 million in 1988, taking a $9 million loss. This bailout occurred when Trump faced personal guarantees on $900 million in debt, marking the beginning of decades of Saudi financial entanglements with Trump’s business empire.

Sources & Citations

[1] A Saudi prince helped save Trump from bankruptcy—twice · Nov 20, 2018 Tier 2

[2] Trump's Financial Troubles? How About That Yacht · Jul 7, 1991 Tier 1

[3] Trump's Conflicts of Interest in Saudi Arabia · Jun 14, 2018 Tier 2

Tiers Tier 1 court records & gov docs · Tier 2 established outlets · Tier 3 regional & specialty press · Tier 4 opinion or single-source. Methodology →

Cite this entry

The Cascade Ledger. “Saudi Prince Alwaleed bin Talal purchases Trump yacht during financial crisis.” The Capture Cascade Timeline, January 1, 1991. https://capturecascade.org/event/1991-01-01--saudi-prince-yacht-purchase/