Word: talal
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...Hashemite Kingdom of Jordan's King Hussein bin Talal died yesterday of lymphatic cancer at 11:43 a.m. local time (4:43 a.m. EST) at the age of 63. His son Abdullah II was sworn in as the nation's new monarch only four hours after Hussein's death in a Jordanian hospital...
...know that the time will come when the younger brother will have to step into his older brother's role as King. And they both dread it--Hussein, 62, because it will mean his time on this earth will be over; the younger man, Crown Prince El-Hassan bin Talal, because he will inevitably be compared with his suave, preternaturally charming brother, because he will have lost not just his sibling but his mentor and closest friend, because succeeding as King of Jordan will become a test of the national unity and identity that is virtually synonymous with his brother...
Despite his early call to duty, Hassan, 51, managed to obtain a formidable education. That was a privilege denied Hussein, who was proclaimed King at age 16 after his father Talal, was dethroned because of mental illness. In the absence of Talal--hospitalized in Istanbul, where he died in 1972, Hussein took on a paternal role in the life of Hassan, who was only five when their father departed. Hussein sent Hassan to England's prestigious Harrow School and then to Oxford University's Christ Church College, where he received a B.A. and an M.A. in oriental studies, specializing...
...prospect of such low prices has spawned even more consortiums eager to be top dogs in the satellite-Internet communications business. The most ambitious venture is Teledesic, founded in 1990 by deep-pocket investors including Microsoft CEO Bill Gates, Saudi Prince Alwaleed bin Talal (with a 13.7% stake), and cellular pioneer Craig McCaw, who is the chairman and co-chief executive. Motorola, after a frosty initial reaction to the project, dropped its own system, Celestri, and joined in with $750 million for a 26% stake. Once jeered as the most starry-eyed start-up ever, the $9 billion Teledesic project...
...likes to tell the tale of how he made his first billion or so out of a $15,000 gift from his father. Talal had also given his son a house worth $1.5 million, which Alwaleed mortgaged to raise capital. Along the way, he used some of the money to play that favorite game of Saudi royalty, land speculation, and quickly turned a $150,000 investment into a $2 million profit...