Word: khashoggi
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Dates: during 1980-1989
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...Adnan Khashoggi, 48, the jet-about Saudi Arms merchant and investor, along with his brother Essam, last week agreed to pay $8 million for a half-interest in the Utah Jazz basketball team. The Jazz deal caps a string of Khashoggi investments in Salt Lake City. The state's conservative political and social environment appeals to the Khashoggi family, which during the past decade has pumped $77 million into an array of Salt Lake City development projects, including a $600 million downtown office complex called Triad Center...
...basketball agreement calls for Khashoggi to pay $6 million to cover the outstanding debts of the ten-year-old Jazz franchise, which moved from New Orleans to Salt Lake City in 1979, and $2 million to defray operating costs. After dismal performances in earlier years, the Jazz this past season had its best record ever (45-37), won the Midwest division, and made it to the Western division : semifinals before being defeated by Phoenix. That marked the club's first appearance in a postseason playoff. Last week Jazz officials foresaw no difficulty in obtaining approval for the sale from...
...expecting the baby any day now," sighs Soraya Khashoggi, 39. Who is the father? The estranged, British-born wife of Billionaire Saudi Dealmaker Adnan Khashoggi, 44, and former mistress of British M.P. Winston Churchill, 39, refuses to say. She is, however, happy to discuss another private passion: photography. And in the seclusion of her Venice villa she has turned her Nikon on her favorite subject-herself. "I have been a professional photographer for 15 years," she confides. "My work has been published, but Adnan never let me use my name, so they gave me all kinds of crazy credits...