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Adnan Khashoggi




Adnan Khashoggi (or '''Kashoggi''') ( 1935 ) is a billionaire Saudi arms-dealer and businessman, and was involved in the Iran-Contra Affair .


HISTORY

Kashoggi is the son of Muhammad Khashoggi a medical doctor, and was educated in Victoria College in Alexandria in Egypt , California State University, Chico , and Stanford University in Palo Alto, California, USA. He is Turkish by descent.

It is said that Kashoggi quit his studies in order to seek his fortune in business. Khashoggi headed a company called Triad Holding Company , which amongst other things built the Triad Centre in Salt Lake City , Utah , which later went bankrupt. He was famed as an arms dealer, brokering deals between US firms and the Saudi Government , most actively in the 1960s and 1970s. Among his overseas clients were defense contractors Lockheed Corporation (now Lockheed Martin Corporation ), Raytheon , Grumman Aircraft Engineering Corporation and Northrop Corporation (which have now merged into Northrop Grumman ). A shrewd businessman, he covered his financial tracks by establishing front companies in Switzerland and Liechtenstein to handle his commissions (bribes) as well as developing contacts with notables such as CIA agents James H. Critchfield and Kim Roosevelt and US businessman Bebe Rebozo , a close associate of former US President Richard Nixon .

Among Kashoggi's activites reported in the news was a reported $1 billion 1980 divorce settlement paid to his ex-wife Soraya. He was also implicated in the of Libya his investment in the United Kingdom Metropole Hotels .


TRIVIA

  • Khashoggi was well known for leading an extravagant and wild lifestyle that was legendary in its time. This was commemorated on rockband Queen's album '' The Miracle '', on which the second song is titled ''Khashoggi's Ship''.


  • Army Of Lovers band featured Khashoggi in its song ''La Plage De Saint Tropez'' with the following line: "We met Khashoggi with a gun".





  • American University used to have a prominent building named the Khashoggi Center but after defaulting on his donation obligation, the school removed his name from the building.


  • One of "his" daughters with ex-wife Soraya Khashoggi , turned out, on DNA testing at age 18, to be the daughter of UK Tory Cabinet Minister Jonathan Aitken , soon to be disgraced for his role in accepting a gift from another arms dealer, Mohammed Said Ayas , a Lebanese and a close associate of Prince Muhammad Bin Fahd of Saudi Arabia. In his libel suit against the '' Guardian '' newspaper, Aitken perjured himself over this gift of accommodation at the Paris Ritz and went to jail.



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