Alwaleed bin Talal exchanges angry views with US presidential hopeful after call to ban Muslims from entering US

A prominent Saudi billionaire who hoovered up Donald Trump’s assets when the presidential hopeful ran into cashflow problems in the 1990s has labelled the controversial candidate a disgrace to his country.

Alwaleed bin Talal owns a yacht once called the Trump Princess, which he bought in the early 90s after it was ceded to creditors and renamed the Kingdom 5KR. A few years later he took a stake in the Plaza hotel, once one of Trump’s favourite hotels.

In an apparent response to Trump’s widely condemned plan to bar Muslims from entering the United States – slammed by critics ranging from his own party leadership to boxing legend Muhammad Ali – Alwaleed called on Trump to drop out of the running to become Republican candidate for president.

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