The superyacht of a once-prominent Saudi prince - Khalid Bin Sultan Bin Abdelaziz - is being sold for €150m ($149.7m), after a Maltese judge approved a creditor’s request for its sale. The sale seems to reflect a decline in the fortunes of the prince (who is also a former deputy defence minister) and several other relatives, who were members of the late Crown Prince Sultan Bin Abdelaziz’s branch of the ruling family.
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