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Bribe, Swindle or Steal

Extreme Wealth – Episode 6: Jonathan Rugman and the Stunning Power Plays of MBS

Bribe, Swindle or Steal

Alexandra Addison-Wrage of TRACE International

Business, News, Business News

4.9582 Ratings

🗓️ 30 October 2024

⏱️ 47 minutes

🧾️ Download transcript

Summary

The sudden ascent of Mohammed bin Salman from an obscure royal heir to the Crown Prince of Saudi Arabia — the country's de facto ruler — has fascinated Jonathan Rugman, an author and longtime correspondent in the Middle East. Jonathan's latest BBC documentary, "The Kingdom," traces MBS's life from an unruly youth to a series of Machiavellian maneuvers to cut ahead of cousins and uncles in the line of royal succession. Jonathan's reporting illuminates a brash but secretive young autocrat whose wealth and power have few equals anywhere on the planet. After years of high-profile murder, jailings, and crackdowns, a formidable question remains: What more does MBS want?

Jonathan Rugman is a Visiting Lecturer in the journalism department at City, University of London, who has reported from some 50 countries during his 30-year journalism career. He is the author of "Ataturk's Children – Turkey and the Kurds" and "The Killing in the Consulate," in which he investigated the murder of the Saudi journalist Jamal Khashoggi. His numerous awards include a BAFTA for his coverage of the Paris terror attacks of 2015.

Transcript

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0:00.0

When he becomes Crown Prince, he begins spending money because that's what you do if you're a Saudi Prince.

0:10.0

He spends over $400 million on a yacht that's owned by a Russian vodka tycoon.

0:16.0

He buys a modern chateau near Paris.

0:20.0

He buys the Salvatore Mundi, this painting for $450 million.

0:24.6

He engages in public displays of wealth because that is what is expected of him.

0:30.6

But his mission is to make Saudi Arabia a very powerful country.

0:36.6

And like many virtual dictators, where the state

0:39.5

begins and where NBS ends, they're interchangeable.

0:43.5

Welcome back to the podcast, Rhybe, swindle or steel. I'm Alexander Rogi, and today we bring

0:49.0

you another in our ongoing series about the impact of extreme wealth. As in past episodes, we're speaking with

0:55.3

guests who have a unique portal into this world and have been willing to share their thoughts

0:59.7

on how it changes the rules that people live by.

1:08.5

We continue our series on extreme wealth today with our guest, Jonathan Rugman.

1:13.4

Jonathan is the author of The Killing in the Consulate, investigating the life and death of

1:18.0

Jamal Khashoggi.

1:19.4

He's also the consultant producer on the two-part BBC documentary, The Kingdom, the world's

1:24.6

most powerful prince, which traces Mohammed bin Salman's rise from the

1:28.6

fringe of royal family power to the de facto ruler of Saudi Arabia. Thank you for joining me,

1:34.1

Jonathan.

1:34.8

It's a pleasure.

1:35.9

You've spent a lot of time thinking about Muhammad bin Salman. Can you give us your impression

1:41.1

of the crown prince at a very high level? We'll talk first about what he's done,

...

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