No company should depend on one person no matter how that person is smart or genius, whether it’s Apple or News Corp, or Citibank or any other company in the world.
AL-WALEED BIN TALALOne of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East.
More Al-Waleed bin Talal Quotes
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Actually, King Abdullah, under his supervision and guidance, has established a dialogue in Saudi Arabia whereby all the population.
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The legacy of Steve Jobs and the strength of Steve Jobs is that he established a company that’s clearly firing on all cylinders and clicking very well.
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The potential for Twitter is spectacular and great.
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Saudi Arabia has stability. The social contract and the political contract between the king and the rulers and the royal family and the ruled people in Saudi Arabia is very strong and the bondage is so solid.
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Nowadays, anyone who cannot speak English and is incapable of using the Internet is regarded as backward.
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My own center, my Kingdom Center, which is the highest priced tower in Saudi Arabia, was vacated twice because of terrorist attacks, terrorist threats.
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The lesson is that, No. 1, this management has to be at the highest class possible. No. 2, they have to have a succession plan.
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I would love to be a corporate leader.
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I definitely believe that the so-called American decline is greatly exaggerated.
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You cannot play with fire.
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If I’m going to do something, I do it spectacularly or I don’t do it at all.
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So, if you look at what’s common among some of the companies I have, including the Four Seasons, NewsCorp, George V, the Plaza, these are all irreplaceable brands in their own fields.
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You know, in Saudi Arabia, there is a body of 40 people – 34 people exactly, that once the succession comes, they will meet and they will elect a king in there.
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I’m telling you, you can’t compare Saudi Arabia to other countries.
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whether Shiite or Sunnis from north, south, west or east, they can get together and exchange their views.
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