A prominent Saudi billionaire who hoovered up Donald Trump’s assets when the presidential hopeful ran into cash flow problems in the 1990s has labeled the controversial candidate a disgrace to his country.
Read twit below...
In an apparent response to Trump’s widely condemned plan to bar Muslims from entering the United States – slammed by critics ranging from his own party leadership to boxing legend Muhammad Ali – Alwaleed called on Trump to drop out of the running to become Republican candidate for president.
— الوليد بن طلال (@Alwaleed_Talal) December 11,
2015
.@realDonaldTrump You are a
disgrace not only to the GOP but to all America. Withdraw from the U.S
presidential race as you will never win.
Trump lost little time in hitting
back, also using Twitter, accusing the mogul of being a clueless child of
privilege.
“Dopey Prince @Alwaleed_Talal wants
to control our U.S. Politicians with daddy’s money. Can’t do it when I get
elected #Trump2016,” he said.
— Donald J. Trump (@realDonaldTrump)
December 12,
2015
Dopey Prince @Alwaleed_Talal wants to
control our U.S. politicians with daddy’s money. Can’t do it when I get
elected. #Trump2016
Critics were quick to point out that
the US mogul himself is no stranger to family wealth.
He built his own business career on
the back of a real estate
empire created by his father.
When it was handed on in the 70s it
was worth around $200 million and, as Trump was one of five children, he got a
20% share.
Trump’s attacks on Muslims have
already caused a business backlash in the Middle East, which his company just a
few months ago had flagged as a key growth market.
“You are a disgrace not only to the GOP [the Republican Party] but to all America. Withdraw from the US presidential race as you will never win,” Alwaleed wrote on his Twitter account, which, with more than 4 million followers, is almost as popular as Trump’s.
A prominent Saudi billionaire who hoovered up Donald Trump’s assets when the presidential hopeful ran into cashflow problems in the 1990s has labelled the controversial candidate a disgrace to his country.
Alwaleed bin Talal owns a yacht once called the Trump Princess, which he bought in the early 90s after it was ceded to creditors and renamed the Kingdom 5KR. A few years later he took a stake in the Plaza hotel, once one of Trump’s favourite hotels.
In an apparent response to Trump’s widely condemned plan to bar Muslims from entering the United States – slammed by critics ranging from his own party leadership to boxing legend Muhammad Ali – Alwaleed called on Trump to drop out of the running to become Republican candidate for president.
“You are a disgrace not only to the GOP [the Republican Party] but to all America. Withdraw from the US presidential race as you will never win,” Alwaleed wrote on his Twitter account, which, with more than 4 million followers, is almost as popular as Trump’s.
The Lifestyle chain of department
stores halted sales of his glitzy Trump Home line of lamps, mirrors and
jewellery boxes.
“In light of the recent statements
made by the presidential candidate in the US media, we have suspended sale of
all products from the Trump Home decor range,” the CEO of Landmark, the parent
chain of Lifestyle, Sachin Mundhwa, said in a
statement.
It is one of the region’s biggest
retail groups, with 190 stories in the Middle East, Africa and Pakistan.
His name and image were also
stripped from an upmarket golf and housing development in the United Arab
Emirates, Al Jazeera
reported. Damac Properties declined to comment on the removal of his name and
image from the property.
The changes hit one of Trump’s most
lucrative income streams, licensing his name on everything from retail goods to
luxury developments.
His daughter, Ivanka, executive vice
president of development and acquisitions for his Trump Organization, told
Hotelier Middle East in May that the company was looking at “many very
compelling deals” in the region.
Culled from TheGuardian
No comments:
Post a Comment