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.
AL-WALEED BIN TALALIt has around 45% of all the movie industry and around 75% of all the music.
More Al-Waleed bin Talal Quotes
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I definitely believe that the so-called American decline is greatly exaggerated.
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Well, clearly Apple is a role model of the American innovation whereby it produced all these products – iPod, iPhone, iPad – that are really now dominating all the technology arena in the world.
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In Riyadh, there’s going to be a huge project that will house at least 12,000 units with inhabitants of approximately 150,000 people.
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Riyadh – It’s like a city within a city.
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I’m not panicking, and I’m not scared, I’ve been through the Gulf War, the Asia crisis, and the Russian crisis.
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One of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East.
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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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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.
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You know, Saudi Arabia has a lot of poverty also. Regardless about what you hear about the viceroy and people being rich, et cetera.
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Ethics to me is very important.
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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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It is my responsibility to take advantage of my position to make the world a better place
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I own almost 100 hotels in North America. Some of them are only in management, but some of them we have some small stakes in them.
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But more important since 1967 when the war was, ended in the defeat of some Arab countries.
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