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Barrack Said He Hit Sovereign-Wealth ‘Jackpot’ With MBS Meeting

Tom Barrack
Tom BarrackPhotographer: Patrick T. Fallon/Bloomberg

Colony Capital LLC founder Tom Barrack described his first meeting with Saudi Crown Prince Mohammed bin Salman in 2016 as a “huge” opportunity to try to capture sovereign-wealth investment. 

“We hit the jackpot in the Middle East,” Barrack wrote in an August 2016 email to a colleague at Colony just after he met the budding leader known as MBS.