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Fahd's personal wealth, built on a fee levied on every barrel of oil extracted from Saudi land before 1980, is estimated at $18 billion, second only to the wealth of the Sultan of Brunei ($25 billion). He boasts at least 12 royal palaces, ranging from the $2.5 billion Al-Yamamah Palace complex in Riyadh to a "cottage" four times the size of the White House in Marbella, Spain. He owns several jets and yachts, all with gold bathroom faucets; his main yacht, a $60 million craft, is escorted by a vessel that carries Stinger antiaircraft missiles. His fleet...

Author: /time Magazine | Title: The Gulf: An Exquisite Balancing Act | 9/24/1990 | See Source »

Because the new system bills long distance calls to individual passwords, collect calls are difficult to handle and bill. A $10 fee will be charged to the line for every collect call students accept, according to the user's guide...

Author: By Jeffrey C. Wu, | Title: University Introduces New Telephone System | 9/14/1990 | See Source »

...Pennsylvania trailer park, a mother of three makes a wish list. She wishes that she lived in a house without wheels. And that she did not have to embarrass her eight-year-old daughter by pulling her out of her brownie troop because the 50 cents-a-meeting fee is too high. That food stamps could be used to buy toilet paper and deodorant. That she could get a real, professional $30 perm, one that would not wreck her hair. That her husband could find a union job, maybe in construction, that paid $6, $7, even $8 an hour. That...

Author: /time Magazine | Title: Living: What $152 A Week Buys | 9/10/1990 | See Source »

...millions of personal computers and other products (from pocket calculators to videocassette recorders) that depend on them. Industry executives by and large are keeping mum, but if Hyatt's patent is broadly interpreted by courts, it could make him super-rich. According to analysts, a standard nonexclusive licensing fee of 3% of the value of computer products sold would translate into a $210 million payment just for last year...

Author: /time Magazine | Title: Who Invented Microprocessors? | 9/10/1990 | See Source »

...what many would gladly do free, performers at theme parks and on cruise ships acknowledge three key frustrations. First, many of the shows are not very good, and once they are set, there is no opportunity to enhance them. Second, because admission is covered by a general entry fee, some spectators are just looking for a place to sit down, especially if the wait for a roller coaster is long, the day is hot and the theater is indoors and air-conditioned. As a result, their tastes may be unsophisticated. Says David Felty, 25, an Opryland singer who will appear...

Author: /time Magazine | Title: Show Business: Where The Stagestruck Get Started | 8/13/1990 | See Source »

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