Professional Documents
Culture Documents
Adnan Khashoggi
Adnan Khashoggi (Arabic: عدنان خاشقجي, romanized: ‘Adnān
Adnan Khashoggi
Khāshuqjī, Turkish: Adnan Kaşıkçı; 25 July 1935 – 6 June
2017) was a Saudi businessman known for his lavish عدنان خاشقجي
business deals and lifestyle.[2][3] He is estimated to have had
a peak net worth of around US$4 billion in the early
1980s.[4]
Contents
Family and education
Business career
Triad International Khashoggi in the 1980s
Samiha Ahmed
See also
Relatives Samira Khashoggi (sister)
References
Soheir Khashoggi (sister)
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Khashoggi who married businessman Mohamed Al-Fayed and was the mother of Dodi Fayed.[6]
Another sister, Soheir Khashoggi, is a well-known Arab novelist (Mirage, Nadia's Song, Mosaic).[6]
He was a paternal uncle of journalist Jamal Khashoggi.
Khashoggi was educated at Victoria College in Alexandria, Egypt,[5] and the American universities
California State University, Chico, Ohio State University, and Stanford University. Adnan Khashoggi
left his studies in order to seek his fortune in business.[7]
Business career
Khashoggi's early years were spent among some of Saudi Arabia's
most influential figures. "While attending school he met Hussein
bin Talal, the future King of Jordan. It was at school that
Khashoggi first learned the commercial value of facilitating a deal,
bringing together a Libyan classmate whose father wanted to
import towels with an Egyptian classmate whose father
Khashoggi's private jet
manufactured towels, earning US$1,000 for the introduction.
Khashoggi's subsequent education at university would serve as a
launchpad for his commercial career."[9][10]
In the 1960s and 1970s, Khashoggi helped bring together Western companies and the Saudi Arabian
government, to satisfy its infrastructure and defense needs.[9][10] Between 1970 and 1975, Lockheed
paid Khashoggi $106 million in commissions. His commissions started at 2.5% and eventually rose to
as much as 15%. Khashoggi "became for all practical purposes a marketing arm of Lockheed.
Khashoggi would provide not only an entrée but strategy, constant advice, and analysis", according to
Max Helzel, then vice president of Lockheed's international marketing.[11]
Khashoggi headed a company called Triad International Holding Company which among other things
built the Triad Center in Salt Lake City, which later went bankrupt.[15] He was famed as an arms
dealer, brokering deals between US firms and the Saudi government, most actively in the 1960s and
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1970s. In the documentary series The Mayfair Set, Saudi author Said Aburish states that one of
Khashoggi's first weapons deals was providing David Stirling with weapons for a covert mission in
Yemen during the Aden Emergency in 1963. Among his overseas clients were defense contractors
Lockheed Corporation (now Lockheed Martin Corporation), Raytheon, Grumman Aircraft
Engineering Corporation and Northrop Corporation (the last two of which have now merged into
Northrop Grumman).[10][2]
Triad International
Triad International is a multi-national private investment corporation that was owned by
Khashoggi. Its investments include many notable properties and businesses throughout the world.
The company consisted of subsidiary companies, including Triad Management, Triad Properties,
Triad Energy, Triad Technology, and Triad Financial resources.[3][10][16]
The company also had major financial interests in Lloyd's of Khashoggi's custom board game of
London; the Manera company; Las Brisas Resort in Acapulco, his properties
Mexico; the Houston Galleria; National car rental company;
Pyramid Oasis in Cairo, Egypt; Travel Lodge Australia; Pacific
Harbor hotel in Fiji; Beirut Riyadh bank; and the bank of Contra Costa.[10]
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Khashoggi's Triad real estate holdings included private residences in Beirut; Jeddah; Riyadh; Geneva;
Cairo; Salt Lake City, Utah; Cone Ranch, Florida; Rome; Paris; Cannes; London; and a multi-floor
penthouse in Olympic Tower in New York.[3][10]
Khashoggi also owned several private jets, and super-yachts through Triad, including a McDonnell
Douglas DC-8 and DC-9, three Boeing 727s, and several smaller business jets and helicopters. His
three super-yachts, the Nabila, the Mohammadia, and the Khalidia, were named after his children,
Nabila, Mohammed, and Khalid.[10]
Operation Moses
Khashoggi was directly involved in helping to organize and fund the top-secret Operation Moses in
1984 to airlift to safety 14,000 Ethiopian Jews from Sudan to Israel[17] during a famine caused by the
Ethiopian civil war.
Iran–Contra affair
Khashoggi was implicated in the Iran–Contra affair as a key middleman in the arms-for-hostages
exchange along with Iranian arms dealer Manucher Ghorbanifar and, in a complex series of events,
was found to have borrowed money for these arms purchases from the Bank of Credit and Commerce
International (BCCI) with Saudi and United States backing.[2] His role in the affair created a related
controversy when Khashoggi donated millions to the American University in Washington DC, to build
a sports arena which would bear his name.[18] Khashoggi was a member of the university's board of
trustees from 1983 until his indictment on fraud and other charges in May 1989.[19] Khashoggi was
"principal foreign agent" of the United States and helped establish the supranational intelligence
partnership known as the Safari Club.[20]
Khashoggi also appeared in Lifestyles of the Rich and Famous in 1985 with host Robin Leach which
showcased Khashoggi's extravagant lifestyle.
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Genesis Intermedia
Khashoggi was a financier behind Genesis Intermedia, Inc. (formerly
NASDAQ: GENI), a publicly traded Internet company based in the US. In
2006, Khashoggi was sued by the U.S. Securities and Exchange
Appearing on After Dark in Commission for securities fraud.[24] The case was dismissed in 2008 and
1991 Khashoggi did not admit or deny the allegations.[25]
Khashoggi told Hersh that Perle talked to him about the economic costs regarding a proposed
invasion of Iraq. " 'If there is no war,' he told me, 'why is there a need for security? If there is a war, of
course, billions of dollars will have to be spent.' "[27]
Personal life
In 1961, Khashoggi married 20-year-old Englishwoman Sandra Daly who
converted to Islam and took the name Soraya Khashoggi. They raised one
daughter (Nabila)[28] and four sons together (Mohamed, Khalid,
Hussein, and Omar).[8] They divorced in 1974.
Khashoggi's second wife, the Italian Laura Biancolini, (m. 1978) also
converted to Islam and changed her name to Lamia Khashoggi. She was
seventeen when she met Adnan; together they had a son, Ali. Khashoggi
remained married to Lamia Khashoggi at his death.[8]
Adnan's third legal wife was Shahpari Azam Zanganeh (m. 1991-2014).
In the 1980s, the Khashoggi family occupied one of the largest villa Khashoggi and wife Lamia
estates in Marbella, Spain, called Baraka, hosting lavish parties. Guests
at these parties included film stars, pop celebrities and politicians.[29] In
1985, celebrity reporter Robin Leach reported Khashoggi threw a five-day birthday party in Vienna for
his eldest son,[30] and in his heyday, Khashoggi spent $250,000 a day to maintain his lifestyle.[31] He
continued to spend lavishly even when he encountered financial problems.[8] His net worth was said
to have been down to about $8 million in 1990.[32] Due to his extravagant lifestyle, he was called the
Great Gatsby of the Middle East.[33] [34]
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Khashoggi also owned Ol Pejeta Conservancy, in Laikipia County, Kenya known at the time as the
Mount Kenya Safari Club. His house has since been converted into a hotel which is run by Serena
Hotels.[16]
Death
Khashoggi died on 6 June 2017 while being treated for Parkinson's disease at the St Thomas' Hospital
in London.[35][36] He was 81.[9][37]
In popular culture
Films
Where I Stand: The Hank Greenspun Story[38]
The One Percent[39]
The Hand of God
Books
Ronald Kessler. The Richest Man in the World: The Story of Adnan Khashoggi. New York: Warner
Books (1943). OCLC 13124694 (https://www.worldcat.org/oclc/13124694).[40]
The One-Page Proposal: How to Get Your Business Pitch onto One Persuasive Page. ISBN 978-
0062084125.
Andrew Feinstein. The Shadow World: Inside the Global Arms Trade[41]
Music
"Khashoggi's Ship", a song by Queen from the album The Miracle (1989)[42]
"I am", a song by Army of Lovers, contains the lyrics "What Bobby is to Pam, Khashoggi to Iran, I
am" (1993)
"La Plage de Saint-Tropez", a song by Army of Lovers contains the lyrics "We meet Khashoggi
with a gun" (1993)[43]
See also
Bob Shaheen
References
1. "Who is Jamal Khashoggi?" (https://www.voanews.com/a/who-is-jamal-khashoggi/4610403.html).
VOA. 12 October 2018. Retrieved 12 October 2018.
2. Kinzer, Stephen (6 June 2017). "Adnan Khashoggi, High-Living Saudi Arms Trader, Dies at 81" (ht
tps://www.nytimes.com/2017/06/06/world/middleeast/adnan-khashoggi-dead-saudi-arms-trader.ht
ml?_r=0). The New York Times. Retrieved 7 June 2017.
https://en.wikipedia.org/wiki/Adnan_Khashoggi 6/9
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https://en.wikipedia.org/wiki/Adnan_Khashoggi 7/9
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20. Cohen, Steven (8 April 2016). "The Covert Roots of the Panama Papers" (https://newrepublic.co
m/article/132502/covert-roots-panama-papers). The New Republic. ISSN 0028-6583 (https://www.
worldcat.org/issn/0028-6583). Retrieved 20 July 2020.
21. "Imelda Marcos Acquitted : Cleared of Looting Philippines to Buy N.Y. Skyscrapers : Khashoggi
Also Freed in Blow to Justice Dept" (https://articles.latimes.com/1990-07-02/news/mn-640_1_imel
da-marcos-acquitted). Los Angeles Times. Associated Press. 2 July 1990.
22. Yuenger, James (20 July 1989). "Arms Dealer Goes From Riches To Jail" (http://articles.chicagotri
bune.com/1989-07-20/news/8902180958_1_imelda-marcos-adnan-khashoggi-philippine-
treasury). Chicago Tribune. Retrieved 8 April 2016.
23. Website (https://www.openmedia.co.uk/after-dark-series-three-core-database) of production
company Open Media
24. Bloomberg News in the New York Times. 14 April 2006 S.E.C. Accuses Saudi Financier and
Executive of Stock Fraud (https://www.nytimes.com/2006/04/14/business/14court.html)
25. Edvard Pettersson for Bloomberg news. 1 April 2010 Saudi Financier Khashoggi Settles SEC's
GenesisIntermedia Case (https://www.bloomberg.com/news/articles/2010-04-01/saudi-financier-k
hashoggi-settles-with-sec-over-seller-of-ab-twisters-)
26. Baer, Robert (2003). Sleeping with the Devil: How Washington Sold Our Soul for Saudi Crude (htt
ps://books.google.com/books?id=-TL9ictK2NMC&pg=PT138). Crown/Archetype. p. 138.
ISBN 9781400053377.
27. The New Yorker: Lunch With The Chairman. (https://www.newyorker.com/archive/2003/03/17/030
317fa_fact?currentPage=all) 17 March 2003.
28. "Heiress who casts herself as a struggling actress" (https://web.archive.org/web/2014040907122
6/http://www.telegraph.co.uk/culture/4704434/Heiress-who-casts-herself-as-a-struggling-actress.h
tml). The Telegraph. 21 September 1996. Archived from the original (https://www.telegraph.co.uk/
culture/4704434/Heiress-who-casts-herself-as-a-struggling-actress.html) on 9 April 2014.
Retrieved 8 June 2017.
29. Pierre Trudeau, en casa dde Khashoggui (http://hemeroteca.lavanguardia.com/preview/1986/08/0
6/pagina-17/32888863/pdf.html), La Vanguardia, 6 August 1986; Retrieved 11 February 2012
30. Salmans, Sandra (22 February 1985). "Lavish Lifestyle Of a Wheeler-Dealer" (https://nytimes.co
m/1985/02/22/arts/lavish-lifestyle-of-a-wheeler-dealer.html). The New York Times. Retrieved
24 December 2011. "Khashoggi's retreat at Marbella in southern Spain, an entire mountain with
seven villas, a 1,300-acre hunting preserve and what we are told is the world's largest outdoor
marble disco floor. We are led through his New York duplex, a $25 million apartment in the
Olympic Tower on Fifth Ave."
31. "Chasing debtors: Cash-strapped Khashoggi?" (https://www.economist.com/news/finance-and-ec
onomics/21578447-intriguing-twists-and-discoveries-case-against-former-arms). The Economist.
25 May 2013.
32. "Adnan Khashoggi obituary" (https://www.theguardian.com/world/2017/jun/07/adnan-khashoggi-o
bituary). the Guardian. 7 June 2017.
33. News, Euro Weekly (12 June 2017). "Great Gatsby of the Middle East dies" (https://www.eurowee
klynews.com/2017/06/12/great-gatsby-of-the-middle-east-dies/). Euro Weekly News Spain.
Retrieved 20 August 2020.
34. Media, Euro Weekly News (12 June 2017). "Great Gatsby of the Middle East dies" (https://www.e
uroweeklynews.com/2017/06/12/great-gatsby-of-the-middle-east-dies/). Euro Weekly News Spain.
Retrieved 18 December 2021.
35. "Saudi businessman Khashoggi, 'Onassis of the Arab world,' dies" (http://www.muslimglobal.com/
2017/06/saudi-businessman-khashoggi-onassis-of.html). Muslim Global. Retrieved 8 June 2017.
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36. "Morto il miliardario Khashoggi: icona di lusso e ricchezza negli anni '80 – Rai News" (http://www.r
ainews.it/dl/rainews/articoli/morto-miliardario-khashoggi-c20546f0-1174-4c85-bd7a-997acea077c
e.html). Rainews.it. 27 November 2013. Retrieved 6 June 2017.
37. "Saudi businessman Khashoggi, 'Onassis of the Arab world,' dies" (http://www.arabnews.com/nod
e/1111066/saudi-arabia). Arab News. Retrieved 7 June 2017.
38. "Moving documentary embodies Hank Greenspun, a Las Vegas character" (https://www.reviewjou
rnal.com/news/moving-documentary-embodies-hank-greenspun-a-las-vegas-character/). Las
Vegas Review-Journal. 28 March 2008. Retrieved 7 June 2017.
39. "The One Percent" (http://www.hbo.com/documentaries/the-one-percent/synopsis.html).
www.hbo.com.
40. Murphy, Brian (6 June 2017). "Adnan Khashoggi, Saudi arms merchant and world-class playboy,
dies" (https://www.washingtonpost.com/local/obituaries/adnan-khashoggi-saudi-arms-merchant-a
nd-world-class-playboy-dies/2017/06/06/491bbe60-4adf-11e7-a186-60c031eab644_story.html).
The Washington Post. Retrieved 7 June 2017.
41. Marozzi, Justin (1 November 2011). "The Shadow World: Inside the Global Arms Trade by
Andrew Feinstein (review)" (https://www.telegraph.co.uk/culture/8848716/The-Shadow-World-Insi
de-theGlobal-Arms-Trade-by-Andrew-Feinstein-review.html). The Telegraph. Retrieved 7 June
2017.
42. "Saudi Arms Dealer Adnan Khashoggi Dead at 81" (https://www.voanews.com/a/saudi-arms-deale
r-adnan-khashoggie-dead-eighty-one/3889559.html). VOA News. 6 June 2017. Retrieved 7 June
2017.
43. "Army of Lovers - La Plage De Saint Tropez Lyrics" (https://www.metrolyrics.com/la-plage-de-saint
-tropez-lyrics-army-of-lovers.html). Metro Lyrics. Retrieved 26 July 2020.
Further reading
Kessler, Ronald. The Richest Man in the World: The Story of Adnan Khashoggi, Warner Books,
New York, 1986
Mackey, Sandra. The Saudis: Inside the Desert Kingdom. Updated Edition. Norton Paperback. W.
W. Norton and Company, New York. 2002 (first edition: 1987). ISBN 0-393-32417-6
External links
Official website (http://www.adnankhashoggi.com)
Adnan Khashoggi (http://everettjenkinswhoswhoinislam.blogspot.com/) in Who’s Who in Islam (htt
ps://archive.today/yc29r)
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