The Saudi prince Al-Walid is in financial straits. He wants the Raffles in Singapore and the Savoy in London sell. Also Swiss hotels and could Mövenpick-negotiable. With 21 billion U.S. dollars assets occupied al-Walid ibn Talal Al Saud space 19 to the "Forbes" list of richest people in the world. The Saudi prince revels in opulent luxury: The 317 rooms of his palace are made of 1500 tons of Carrara marble and silk rugs and gold faucet equipped. The car collection includes 300 cars, and in November of 2007, Airbus reported, Al-Walid as the first private customer for the A380 to have won. "Flying Palace" is the largest private jet on earth. The crisis

spared even the fairy tale prince not. As the British newspaper "Telegraph" writes that Al-Walid assets shrunk to 13 billion - money that the Financier acting as grandson of the founder of the Saud dynasty and the first Prime Minister of Lebanon, however, does not bar available. The capital of the "Arab Warren Buffett" in investments around the world bound. And they have massively lost value. The Tigers survived Raffles and mass hara-kiri According to the British "Times" should be Al-Walid to increase liquidity cushions and is therefore forced to turn away from some of his possessions to be separated. On the sale list are two of the most exclusive hotels in the world: The legendary Raffles Singapore and the Savoy in London. The Raffles, in his guestbook to Rudyard Kipling, Joseph Conrad, the queen or immortalized Liz Taylor, has a turbulent history: In the house, the last wild tiger in Singapore shot and after the defeat of Japan was 300 soldiers committed hara-kiri. The Colonial Hotel grenades survived the explosions, as well as neglect by the bankrupt owner during earlier economic crises. The guests came and went, the bougainvilleas and orchids wound themselves more highly on the facade and the legendary house wrapped in a beguiling scent. No Rolls-Royce in front of the Savoy Only two years after the Raffles, 1889, was born in London, another gem of Victorian architecture hotel. The first manager, the Valais César Ritz, it succeeded, the house became one of the most prestigious addresses to make the Empire. Show sizes such as Charlie Chaplin or Marilyn Monroe settled by aristocratic splendor under the spell of the same draw as the Beatles or Enrico Caruso, Led Zeppelin and Frank Sinatra. An institution, even the cocktails the bartender: Since 1930, the recipe book again and again revisited. Currently, of the usual Rolls-Royce concentration before the entrance little to see. Al-Walid, the hotel undergoes a renovation worth 100 million pounds - money that he would rather redundant. "He is definitely more of a seller than a buyer," cited the "Times" for a confidant of the prince. "He would sell practically anything if the price is right." Who at the peak of the financial crisis, 450 million U.S. dollars alone in the Raffles invest is uncertain. The price of the property should the prince to be significant concessions. Swiss hotels on sale list? There are strong as "Times" pointed out that Al-Walid and his 33-percent stake in the Swiss hotel chain Mövenpick wants to get rid of. "Currently, the Board believes that when the ownership structure changed nothing. The sale is only a rumor, we do not know more about it, "said a spokeswoman Mövenpick on request from News network. A 60-percent majority believes Al-Walid Kingdom Holding Company of Fairmont Raffles Hotels, whose brands include Swiss hotels. From intentions is also sold at the Swiss hotels headquarters unknown. "We have not heard of them and are confident that we will not meet", had the focus group, which operates 28 hotels worldwide.