If you can’t create it just buy it, that seems to be the M.O. of certain wealthy personalities, especially when it comes to World sport. Newcastle United is the latest Premier League team to get bought by an outside consortium, which includes Saudi prince Mohammad bin Salman.
Prince Mohammad bin Salman is 36 years old and is a member of the Saudi royal family and when he is not showing his love for the Magpies, he is known as a workaholic currently serving as the country's deputy prime minister and is also Chairman of the Council for Economic and Development Affairs, Chairman of the Council of Political and Security Affairs, and Minister of Defense.
Despite the Saudi government's less than sterling human rights reputation, Newcastle fans surveyed approved of the sale nearly by 90% and took to the streets to celebrate the consortium's purchase of the club. Here are just some of the exotic purchases made by the Saudi prince.
Saudi prince Mohammad bin Salman spending habits
The Saudi prince is not one to hide his wealth, he has purchased a $500 million yacht, a $300 million French chateau, and a $450 million Leonardo da Vinci painting. Known for having marble residences the Saudi royal family has property in Switzerland, London, France, and Morocco.
Mohammad bin Salman is said to have purchased private tailor-made jets, cars, and helicopters for millions of dollars. The $500 million yacht is said to have multiple swimming pools and hot tubs, two helipads, a helicopter hangar, a gym, and a movie theater.
He purchased the Leonardo da Vinici’s “Salvator Mundi" anonymously by phone, Mohammad bin Salman’s net worth is an estimated $17 billion. A fan of video games the prince invested money in Take-Two Interactive, Electronic Arts, and Activision Blizzard through Saudi Arabia's sovereign wealth fund. The investment is valued at $26.2 million.
His latest purchase is none other than underachieving Newcastle United, something that within the next few years will change considerably.