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Saudi Prince and Bin Laden Group to build world's tallest towers

It's definitely bragging rights trumping practicality. The money would be infinitely better spent putting humans on the moon or Mars. THAT is bragging rights!

Also, haven't engineers come to the conclusion that the super-towers are so heavy that even with bedrock support, they collapse the earth beneath them, and sink?

Last thought - the bragging rights last as long as it takes for another country to beat it. These days, that's only taking a few years. It's like the world record for the 100 meters dash, as the record goes from 11.12, 11.08, 10.96, 10.89, etc.

Why would we spend trillions trying to go to space when a country such as yours have already reached building a space station?? We have started a space exploration program last year btw...just putting that out there.....

Besides this building is 0% government is just some rich dude fulfilling what must be one of his life's dreams. If he wants to spend his money on building buildings or buying Yachts its his choice. But if you ask me I would pick him building a building over buying a yacht and a few mansions.
 
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Yes, he can do what he wants with his money. And 98% of the world can declare it foolish, and a waste. Both are legitimate actions and opinions.

Bill Gates could build a super skyscraper. Instead, he funds huge charities. What people do with vast fortunes says a lot.
 
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Yes, he can do what he wants with his money. And 98% of the world can declare it foolish, and a waste. Both are legitimate actions and opinions.

Bill Gates could build a super skyscraper. Instead, he funds huge charities. What people do with vast fortunes says a lot.

The nature of the person concerned also plays its part. In your country billionaires like Bill Gates & Waren Buffet are said to be frugal when it comes to their personal expenses while others like Donald Trump do not hesitate to showoff their wealth.
 
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The nature of the person concerned also plays its part. In your country billionaires like Bill Gates & Waren Buffet are said to be frugal when it comes to their personal expenses while others like Donald Trump do not hesitate to showoff their wealth.

Very true. There are American billionaires that are poor role models, but others that are admirable. If I was one of them, I'd buy some cool toys (like some personal jet fighters) that people would say "what a waste." I'd also do charitable stuff. Everyone is different, everyone is entitled to opinion, and those with $$ can do what they'd like with it. If they want solid gold bathroom fixtures, they get them.
 
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Very true. There are American billionaires that are poor role models, but others that are admirable. If I was one of them, I'd buy some cool toys (like some personal jet fighters) that people would say "what a waste." I'd also do charitable stuff. Everyone is different, everyone is entitled to opinion, and those with $$ can do what they'd like with it. If they want solid gold bathroom fixtures, they get them.

AL-Amoudi the second richest guy in KSA is building a car manufacturing factory...Sheikh Al-Amoudi’s MIDROC becomes third investor for Saudi car manufacturing project | King Saud University – News Portal
 
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^ not to mention Al-rajhi and his great humanitarian work in the kingdom .
if you look at al-waleed's own life style, you'll see that he's not a good role-model ... that's for sure .
but if he want's to build this tower why not ? by the way, there's is an "Alwaleed Bin Talal Foundation" for humanitarian work : Kingdom Holding Company - Alwaleed Bin Talal Foundation
so we know that some of his money goes to charity .
 
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Firstly, Alwaleed bin Talal already gives away a lot to charity. But of course, if somebody is determined to have a bad opinion of Arabs or Muslims he would not see it, and presume that, like all Arabs, he lives in luxury while only rich Americans/Christians give their hard-earned wealth away to charity, like good Christians should. Secondly, the Arabs will not one day wake up and find out that they're "suddenly run out of oil". Oil production from wells will steadily decrease, causing an increase in prices, and since the majority of their oil wealth is re-invested in bonds and such, they'll continue to function. So sorry to the Arab haters, but you won't see your dream of "Arabs running out of oil" come true.
 
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When Arabs run out of Oil ????

I remember reading one article about ME in which it was said that the Gulf Arabs love their past so much that they can no problem returning to their nomadic ways if something happens to their oil reserves. If Arabs run out of oil , the only one left crying will be the developed and developing world. We need oil more than Arabs, so as to keep our economy running and our masses happy. So God forbid they run out of oil before we find some alternative for oil.

Also GCC Arabs have made trust funds to fund their future generations.
 
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