Freed Saudis Resurface Billions Poorer After Prince's Crackdown

Mohammed bin Salman
Photographer: Luke MacGregor/Bloomberg

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By Devon Pendleton and Simone Foxman

February 2, 2019 at 11:00 PM UTC

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Almost 15 months after rounding up dozens of Saudi Arabia’s richest and most powerful people and imprisoning them in Riyadh’s Ritz-Carlton, Crown Prince Mohammed bin Salman has declared the raid a lucrative success.

An anti-corruption commission headed by the crown prince said a total of about $107 billion -- a mix of cash, real estate, companies and securities -- has been recovered from 87 people.