New York Daily News

Saudi royal can leave jail for $6B

- Rich Schapiro

SAUDI PRINCE Alwaleed bin Talal, detained in a corruption probe, can buy his freedom for a price fit for one of the world’s richest men — $6 billion.

The 62-year-old Syracuse University grad was among 11 princes and dozens of foreign ministers rounded up last month amid an investigat­ion led by the kingdom's powerful Crown Prince Mohammed bin Salman.

Alwaleed would only have to give up a third of his estimated $18.7 billion fortune to win his release from a makeshift prison at the posh Riyadh Ritz-Carlton.

But the Saudi royal is instead seeking to persuade the government to accept as payment a large chunk of his company, worth about $8.7 billion, according to The Wall Street Journal.

Alwaleeed is apparently playing hard ball, insisting that he stay on in a leadership role in the new state-backed company. “Keeping (the empire) under his control, that’s his battle,” a source told the Journal.

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