Tuesday, 22 January 2013

Emir Of Qatar Comes To Town For PM Visit

The Emir pictured earlier this month on a visit to Algeria
Even at today's prices $50bn (£31.56bn) goes a long way.

For that sort of money you don't just get Harrods, the Shard, Chelsea Barracks, part ownership of Barclays, Sainsbury's, the Olympic Village, the London Stock Exchange and, oddly enough, 20% of Camden market, you get a leading role on the world stage.

The Emir of Qatar, who is visiting Prime Minister David Cameron, owns all of the above and gets to play that role.

He is worth a mere $2.5bn (£1.58bn), but his country's sovereign wealth fund is valued northwards of $50bn (£31bn). Given that the Emir is the sovereign, you could make the argument that the $50bn is his as well.
Emir Of Qatar Comes To Town For PM Visit

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