Property
He travels frequently on his private Airbus A-340. He owns Glympton Park, Oxfordshire.
A few months after 9/11, Bandar went to Aspen, where he has a thirty-two-room mansion. He bought the land in 1989 and built the residence in 1991. On 12 July 2006, it was reported that Prince Bandar was seeking to sell his 56,000-square-foot (5,200 m2) mansion in Aspen, Colorado, for US $135 million. The palatial vacation home, called Hala Ranch, is larger than the White House, is perched on a mountaintop of 95 acres (380,000 m2), and includes 15 bedrooms and 16 bathrooms featuring 24-karat gold fixtures. In December 2006, the mansion was still listed for sale at $135 million. In December 2007, the 14,395-square-foot (1,337.3 m2) guesthouse was sold for a reported $36.5 mm. The purported reason for the sale is that Bandar was too busy to enjoy the mansion. Finally, he sold his Aspen ranch for $49 million to Starwood Mountain Ranch LLC in June 2012. It is reported that billionaire John Paulson bought Hala Ranch, and Paulson confirmed it.
Read more about this topic: Bandar Bin Sultan
Famous quotes containing the word property:
“I would gladly chastise those who represent things as different from what they are. Those who steal property or make counterfeit money are punished, and those ought to be still more severely dealt with who steal away or falsify the good name of a prince.”
—Elizabeth I (1533–1603)
“To throw obstacles in the way of a complete education is like putting out the eyes; to deny the rights of property is like cutting off the hands. To refuse political equality is like robbing the ostracized of all self-respect, of credit in the market place, of recompense in the world of work, of a voice in choosing those who make and administer the law, a choice in the jury before whom they are tried, and in the judge who decides their punishment.”
—Elizabeth Cady Stanton (1815–1902)
“For experience showed her that she had not, by marrying a man of a large fortune, obtained any great proportion of property which she could call her own or command at her pleasure.”
—Sarah Fielding (1710–1768)