Let’s make a deal, Trump Style.
The 86-meter Nabila was delivered in 1980 by Benetti to Saudi businessman and arms dealer, Adnan Khashoggi as the 8th largest yacht in the world. In 1983, the megayacht appeared in the James Bond movie, Never Say Never Again.
When Khashoggi however ran into financial problems himself, the Sultan of Brunei took possession of the boat to cover one of Khashoggi's loans. The Sultan quickly flipped it to Donald Trump for a reported $29 million in 1987. In 1988, Trump said he got a $1 million discount for renaming the boat and not calling it Nabila, the name of Khashoggi's daughter.
After acquiring the Nabila, Trump renamed the yacht to Trump Princess and had it refitted by Holland-based, Amels for near $10 million according to the LA Times. The H on the helipad was also replaced by a T to stand for Trump.
In 1991, Trump Princess was sold to Prince Al-Waleed for $19 million who renamed the yacht to Kingdom 5KR.
I’d call that a $20,000,000 dollar LOSS! In less than 4 years, good grief.
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