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Adnan Khashoggi

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Adnan Khashoggi was a prominent Saudi Arabian businessman and arms dealer. He was a major intermediary between Western defense companies and the Saudi government. This role gave him immense geopolitical influence throughout the late 20th century. Because of his incredibly grand lifestyle, he was often called "The Great Gatsby of the Middle East."

Adnan Khashoggi and wife Lamia
Adnan Khashoggi and wife Lamia

At his peak in the early 1980s, his net worth reached approximately $4 billion. He was a central figure in international business and high-level politics.

Khashoggi's ability to facilitate deals began during his early education. While in school, he earned $1,000 by connecting a classmate who needed towels with a manufacturer. He later applied this skill to the construction industry. He used money from his father to purchase Kenworth trucks with wide wheels. These specific wheels allowed the vehicles to travel easily over shifting desert sands. He leased these trucks to a construction company and earned $250,000. This success led to him becoming the Saudi Arabian agent for Kenworth.

As his career grew, Khashoggi became a vital link for major defense contractors. During the 1960s and 1970s, he helped satisfy the infrastructure and defense needs of Saudi Arabia. He worked closely with companies like Lockheed, Raytheon, Grumman, and Northrop. Between 1970 and 1975, Lockheed paid him $106 million in commissions. His commission rates varied from 2.5% to as high as 15%. He acted almost as a marketing arm for Lockheed, providing strategy and analysis.

Adnan Khashoggi appearing on 'After Dark', 2 March 1991
Adnan Khashoggi appearing on 'After Dark', 2 March 1991

He managed his vast wealth through the Triad International Holding Company. He named the company "Triad" to honor himself and his two brothers, Essam and Adil. The corporation was a multinational entity with subsidiaries in several different sectors. These included Triad Management, Triad Properties, Triad Energy, Triad Technology, and Triad Financial Resources. The company's reach spanned five continents and included diverse holdings. These ranged from luxury hotels and oil refineries to gold mines and even the Utah Jazz basketball team.

Adnan Khashoggi Triad Triopoly Board Game
Adnan Khashoggi Triad Triopoly Board Game

Khashoggi's business empire was so large that he created a custom board game. This game was called Triopoly and was modeled after the classic game Monopoly. The tiles on the board represented the various properties and companies owned by Triad. His real estate holdings were located in cities like Geneva, Paris, London, and New York. He also owned several private jets and massive super-yachts. His largest yacht, the Nabila, was used in the James Bond film *Never Say Never Again*. He later sold the Nabila to the Sultan of Brunei, who eventually sold it to Donald Trump.

Beyond simple commerce, Khashoggi was involved in complex global political events. In 1984, he helped organize and fund Operation Moses. This secret mission airlifted 14,000 Ethiopian Jews from Sudan to Israel during a famine. He was also a key middleman in the Iran-Contra affair. In this instance, he helped facilitate an arms-for-hostages exchange. These roles demonstrated his ability to navigate the highest levels of international intelligence and government. He was even described as a principal foreign agent of the United States.

Despite his immense success, Khashoggi eventually faced significant financial and legal challenges. By 1990, his net worth had reportedly fallen to about $8 million. He faced various legal issues, including an arrest in Switzerland in 1988 for concealing funds. He also dealt with charges related to fraud and obstruction of justice in the United States. Khashoggi passed away on June 6, 2017, in London. He was 81 years old and was receiving treatment for Parkinson's disease.

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🖼️ Images & Media (3)
File:Adnan Khashoggi and wife Lamia.jpg
Adnan Khashoggi and wife Lamia.jpg
File:Adnan Khashoggi Triad Triopoly Board Game.jpg
Adnan Khashoggi Triad Triopoly Board Game.jpg
File:Adnan Khashoggi appearing on 'After Dark', 2 March 1991.jpg
Adnan Khashoggi appearing on 'After...
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