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.
AL-WALEED BIN TALALI’m telling you, you can’t compare Saudi Arabia to other countries.
More Al-Waleed bin Talal Quotes
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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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There are pockets of extremism in Israel,
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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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It has around 45% of all the movie industry and around 75% of all the music.
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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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But more important since 1967 when the war was, ended in the defeat of some Arab countries.
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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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One of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East.
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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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If I’m going to do something, I do it spectacularly or I don’t do it at all.
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I would love to be a corporate leader.
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Well, you know, News Corp is the only real media global – that has a global presence that’s involved in TV production, in movies, in publishing, in newspapers, digital media, et cetera.
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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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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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