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jefri bolkiah yacht

Iconic yachts: Inside the build of 162m superyacht Dubai

Related articles, superyacht directory.

The creation of the iconic yacht Dubai was far from straightforward, with the build changing hands three times. Dubai was the largest yacht in the world by volume at the time of her build, with a gross tonnage of 12,488GT. She was originally intended for one royal family but went on to be used by another royal entirely. Commissioned by the Sultan of Brunei’s brother, Prince Jefri Bolkiah, Dubai started her life in Germany with naval architecture developed by Blohm+Voss (now part of Lürssen Yachts ), while design came from the UK’s Winch Design . In 1998, the project rolled to a standstill, with work completed on only the steel hull and part of the aluminium superstructure. The project was lying on a covered floating dock at the Blohm+Voss yard, and liquidators went out into the market to find potential buyers.

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Her name gives the next part of the story away: the partially built yacht was sold to the Dubai government. “Once Jefri fell out with his brothers, his assets were seized, including the yacht which was at early stage of construction,” explains Kostis Antonopoulos, the former managing director of Platinum Yachts, which eventually oversaw the build of Dubai . “In fact, at that time I was working at SETE of Latsis group and we offered for the project, but Dubai offered more and they got it.”

Initially, the Dubai government assigned the build project to Karam Sadikoglou in Turkey. The dock, partially built yacht and containers holding equipment such as main engines and generators were sent to Sadikoglou’s facility in Turkey. However, progress was slow, and the Dubai government demanded the project be transferred to the UAE. With progress still slow and costs skyrocketing, Sadikoglou left the project. Antonopoulos was brought in to finish the build under the banner of Platinum Yachts , a subsidiary of Dubai World. The project had almost 800 people working on it, not including the hundreds of subcontractors. Antonopoulos’s job wouldn’t be an easy one – he had to reorganise the structure of the build team, restore confidence in the project and gain the confidence of the Palace. Sultan bin Sulayem, the chairman of Dubai World, served as the in-between for the owner and yard.

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“The design of Dubai was quite ahead of its time, and although she had an enormous size the design did not flirt at all with the shapes of cruise ships,” says Antonopoulos. “And except for the hull, the rest was built and outfitted by people who had no idea what a yacht looked like.” Antonopoulos flew employees to the Monaco Yacht Show so they could see the details that make a superyacht. “It was great experience for them and a quantum leap to their knowledge and understanding,” he says.

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The interior design was completed in-house by Platinum, and most of the build-out was by local contractors in Dubai. “The brief was simple: the owner wanted a floating Burj Al Arab – and he got it,” says Antonopoulos of the colourful interior which he describes as an “attack” on the senses. There are many custom details, such as the handmade tiles in the swimming pool, which are lit up by embedded optical fibres. Her massive volume afforded space for 48 guests and 88 crew. Dubai also had a cinema , disco, helideck , and a garage holding a submarine and a variety of toys.

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As Dubai was built for a royal, security was a priority. “I asked a computer security firm to hack the yacht’s network , and while we thought that we had a very secure ship, the guys hacked it in 30 minutes! Of course, we redesigned the security,” says Antonopoulos. Another day, the owner came on board and discovered the lower decks did not have a clear GSM signal, so ceilings had to be ripped apart to add repeaters. Challenges to make the yacht SOLAS compliant were resolved by sending materials for lab tests to obtain class approvals.

Antonopoulos, who currently serves as managing director of Samos Steamship Co, looks back fondly at his time working on the build of the iconic yacht Dubai . “I enjoyed building a really good team,” he says. “When I arrived, the people in the project were working in isolation and there were competing teams… I managed to bring them together and make them understand that by cooperation and teamwork we can not only achieve successful completion of the yacht but we can also enjoy our time together!”

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It’s been quite a while since the royally iconic yacht Dubai was finally launched in 2006, but Antonopoulos says she stands the test of time. “I think her design is timeless and she can even be considered a classic now.” Dubai sails under the UAE flag and is known to be an active yacht, recently spotted cruising in the waters off her namesake city.

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  • What Is Cinema?

The Prince Who Blew Through Billions

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For six weeks, starting last November 8, in the Supreme Court of the State of New York , in Manhattan, the two sides in a most unusual trial presented equally outlandish stories. The plaintiff, Prince Jefri Bolkiah, Brunei’s notorious royal playboy, who has probably gone through more cash than any other human being on earth, tried to convince the jury that he was extremely naïve when it came to financial matters. He claimed that he never signed checks and that his business affairs had been managed entirely by four private secretaries and a coterie of advisers and attorneys, who ran his estimated 250 companies and all his other concerns.

By casting himself in that light, Prince Jefri, 56, hoped to make the jury believe that two of his own lawyers, Faith Zaman and Thomas Derbyshire, the attractive British husband-and-wife team sitting at the defense table, had ripped him off to the tune of a reported $23 million. This wasn’t necessarily a bad strategy, because soon it seemed that only a simpleton would not have noticed the blatant chicanery he was accusing these attorneys of committing.

“Numerous acts of theft and deception, self-dealing, embezzlement and fraud, all designed to benefit themselves and their family members,” read the prince’s original complaint, filed in federal court in December 2006. He charged the couple with arranging a fraudulent sale of his mansion on Long Island’s exclusive North Shore at a cut-rate price, with depositing a $5 million check paid to one of his companies into the account of a “cloned” company under their control in the Cayman Islands, and with putting improper personal expenses—totaling more than $650,000—on company credit cards. After the prince installed the then 29-year-old Zaman as managing director of one of his hotels, the New York Palace, in 2006, she proceeded, according to him, to award herself an exorbitant contract ($2.5 million a year), sign herself to dirt-cheap, long-term leases on a luxury apartment in the hotel and the steak house on the ground floor, and hire her inexperienced brother as a systems analyst. “The words ‘Faithless servants’ do not do justice to the scope of their perfidy,” read Prince Jefri’s complaint.

The lawyers for the defendants attempted in turn to show the jury that Jefri was not a financial simpleton at all but “an unabashed and unreformed serial liar,” charged with stealing $14.8 billion from Brunei when he served as its finance minister, from the mid-1980s to the mid-1990s. The defendants claimed that he had used his stolen billions to finance a 10-year orgy of extravagance and deceit, which culminated only when his brother the Sultan of Brunei set out to recover the fortune Jefri had supposedly hidden. The lawyers argued that Zaman and Derbyshire had stolen nothing, and that the prince’s charges against them were part of an elaborate scheme to funnel money through them in all manner of nefarious ways to fuel his insatiable need for cash. The defense lawyers also claimed that Jefri had stiffed Zaman and Derbyshire for millions in salaries and travel expenses, then fired them when they finally refused to comply with his increasing illegal demands.

I studied the diminutive prince on the witness stand, with his dark business suit, swept-back hair, and copper complexion. As he testified—for the first time in a courtroom—there was no hint of the high-flying Jefri whose well-publicized expenses had once been estimated at $50 million a month. In his place was a rather ordinary man, shy and uncomfortable, reduced to sharing courthouse hallways with reporters and being chaperoned by a representative of the sultan. “Good morning, Prince Jefri,” I said to him every day. “Good morning,” he always replied. Once, he asked me about the Macy’s Thanksgiving Day parade.

In his testimony, he gave only the briefest answers. “I think so,” he responded in a falsetto voice when asked if he had attorneys spread all over the world. “Just visit there,” he said to describe his duties at a Hong Kong shipping company, one of the many concerns from which he received a salary. “There is a lot,” he answered when asked how many companies were in his name. “I own them; I do not run them,” he added. “So who ran the companies?” he was asked. “Professional lawyers that I appointed.”

In stark contrast to the subdued prince were the defendants: Zaman, a 34-year-old, effervescent beauty, her fine figure packed into smart business outfits, and her husband, 43, who spoke with a Liverpool accent and appeared almost every day in a different bespoke suit and silk pocket foulard. Losing this case would bankrupt them and destroy their reputations. If the jury found for the prince, the attorneys representing him would seize everything they owned. Nevertheless, they smiled, laughed, shook their heads at things they didn’t agree with, and seemed ready and eager to get on the stand and tell their story.

Someone had to be lying, and for weeks the jury tried to decide who that was. “In its way, this case begins like a fairy tale,” Jefri’s lawyer Linda Goldstein, a fast-talking whippet of a New York City litigator, told the jury in her opening argument. “Once upon a time there was a prince. His name was Prince Jefri Bolkiah.”

The Bolkiah Brothers

Once upon a time, on a corner of the large island of Borneo, in Southeast Asia, there was a tiny nation the size of Delaware called Brunei, where for 600 years its royals had married their cousins. Few people took notice of the place until 1926, when oil was discovered there. The current sultan, the 29th in a long line of rulers subservient to Great Britain, hit the jackpot when his country gained independence, in 1984. By 1987 he was the richest man in the world, worth $40 billion. Unleashed from obscurity and unable to tell friends from sycophants, the sultan, then 41, quickly gravitated to the gambling clubs of London and began transforming men into moguls: bankrolling the early exploits of the Saudi arms dealer Adnan Khashoggi, allegedly financing the purchase of Harrods department store, in London, for the Egyptian entrepreneur Mohamed Al Fayed. As word spread of the sultan’s gaping wallet, merchants from all corners of the globe swarmed into Brunei, selling him practically everything they had to offer—17 private jets, thousands of luxury cars, what one diamond dealer called “a Smithsonian” of major jewels, and a trove of art masterpieces, including a Renoir for a record $70 million.

The sultan’s biggest extravagance turned out to be his love for his youngest brother, Jefri, his constant companion in hedonism. They raced their Ferraris through the streets of Bandar Seri Begawan, the capital, at midnight, sailed the oceans on their fleet of yachts (Jefri named one of his Tits, its tenders Nipple 1 and Nipple 2 ), and imported planeloads of polo ponies and Argentinean players to indulge their love for that game, which they sometimes played with Prince Charles. They snapped up real estate like Monopoly pieces—hundreds of far-flung properties, a collection of five-star hotels (the Dorchester, in London, the Hôtel Plaza Athénée, in Paris, the New York Palace, and Hotel Bel-Air and the Beverly Hills Hotel, in Los Angeles), and an array of international companies (including Asprey, the London jeweler to the Queen, for which Jefri paid about $385 million in 1995, despite the fact that that was twice Asprey’s estimated market value or that Brunei’s royal family constituted a healthy portion of its business).

Back home, the sultan erected a 1,788-room palace on 49 acres, “which is without equal in the world for offensive and ugly display,” in the words of one British magnate, and celebrated his 50th birthday with a blowout featuring a concert by Michael Jackson, who was reportedly paid $17 million, in a stadium built for the occasion. (When the sultan flew in Whitney Houston for a performance, he is rumored to have given her a blank check and instructed her to fill it in for what she thought she was worth: more than $7 million, it turned out.) The brothers routinely traveled with 100-member entourages and emptied entire inventories of stores such as Armani and Versace, buying 100 suits of the same color at a time. When they partied, they indulged in just about everything forbidden in a Muslim country. Afforded four wives by Islamic law, they left their multiple spouses and scores of children in their palaces while they allegedly sent emissaries to comb the globe for the sexiest women they could find in order to create a harem the likes of which the world had never known.

In 1983 the sultan appointed Jefri head of the Brunei Investment Agency (B.I.A.), which manages the country’s vast oil revenues. Three years later he made him minister of finance. Jefri simultaneously ran his own conglomerate, the Amedeo Development Corporation (A.D.C., named for the artist Amedeo Modigliani, whose work he collects), which built roads, bridges, office blocks, power stations, and hotels at home and overseas. In Brunei, he built a school and a hospital, as well as a huge hotel complex and amusement park, and introduced satellite TV and his favorite London radio station.

In true fairy-tale style, the kingdom eventually woke up, some insist at the prodding of a third Bolkiah brother, Prince Mohamed, who disdained the fast-living Jefri and his influence on the sultan. “Up until March 1998 Prince Jefri enjoyed a very close relationship with the Sultan,” Jefri’s attorneys declared in a legal filing. “In this respect, Prince Jefri had incurred the enmity of another of his brothers, Prince Mohamed, whose views are cast in a much more conservative and religious mold.” Watching his brothers from the wings, Mohamed, who had only one wife and flew commercial, waited for his chance to stop the party.

He found it in 1997, when a former Miss USA named Shannon Marketic sued Jefri and the sultan for $10 million, claiming that she and six other young women had been hired for $127,000 each to travel to Brunei for professional appearances, supposedly involving “intellectual conversations” with visiting dignitaries, but instead were forced to serve as “sex slaves.” Her passport was seized, she claimed, and she was made to undergo testing for sexually transmitted diseases and to report to all-night “parties” where women of many nationalities, for fees spiraling up to $1 million, danced, sang karaoke, and warred for the attention of Prince Jefri in a massive disco-cum-sports-complex he had installed in his home, called Assurur Palace. Whenever the prince and his posse were on their way to the disco, a mirrored ball would drop from the ceiling, signaling the women to start dancing. Jefri and his friends would then invite their favorites to “tea” (code for sex). “It would be the biggest honor of my life if I was permitted to sleep with Jefri, because he is half-man, half-god, like Jesus Christ to the Christians,” Marketic said an aide to the prince had told her.

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Jillian Lauren, who wrote about her time in Jefri’s harem in her book Some Girls, published last year, said that sex with the prince was quick, impersonal, and unprotected. After their first encounter was over, she wrote, he slapped her ass, bolted out of bed, and said, “That was very nice for me. I am late for a meeting.” She adds, “Robin [the pseudonym Jefri insisted his lovers call him] was always famished behind the eyes. It was the kind of hunger you could never really feed, the kind that keeps you up until five A.M. every night, the kind that drives you to fuck girl after girl, to buy Maserati after Maserati.” Jefri would give his favorites “bonus boxes” of jewelry (one woman auctioned off a gift necklace at Christie’s for $100,000), pay their rents back home, and approve “boob jobs,” according to Lauren, who so pleasured him in bed that he paid her the ultimate compliment: passing her on to the sultan, who flew her across his kingdom by helicopter to a hotel where, she wrote, she honored him with a blow job.

Jefri denied the allegations in Shannon Marketic’s lawsuit, which was dismissed, owing to the royal family’s sovereign immunity, but the media backlash was blistering. One British paper said that “American girls” were no longer invited to Brunei because of the scandal.

Headlines blazed again in 1998, when a lawsuit was filed in London by Bob and Rafi Manoukian, Armenian brothers whom Jefri had enriched after frequenting their London tailor shop, called Vincci, in 1981. The Manoukians went from selling the prince suits to selling him jewelry, cars, planes, boats, and real estate. But when Jefri allegedly reneged on $130 million in property deals, the Manoukians sued. Jefri countersued, charging that the brothers had breached their fiduciary duty by marking up the goods they sold him by anywhere from 100 to 600 percent. Jefri didn’t testify at the trial, but his lawyers, according to Fortune, presented the prince as “a sucker too out of touch to notice the markups because the Manoukians had posed as close friends.” In court, the Manoukians described Jefri’s “sex parties” at home and abroad. (The manifest on his 747 usually comprised mostly young women.) Their attorney called him a man of “unlimited tastes,” a “one-man walking market,” who bought practically everything he saw, including a rug woven with jewels in threads of solid gold ($7 million), 10 jewel-encrusted wristwatches that depicted on the hour a couple copulating ($8 million), and similarly erotic fountain pens ($1.3 million). In London alone, the Manoukians charged, he kept 40 prostitutes at the Dorchester hotel and spent $34 million for the former Playboy Club at 45 Park Lane—more than four times the market price, according to the brothers—so that he could house more hookers and secretly indulge his passion for gambling. (Jefri denied employing prostitutes.)

The case was settled, but the collateral damage was severe. Prince Mohamed launched what Jefri would call “an attack,” a palace coup, against him. “I believe the real reasons for the events of 1998 is the fact that there was a cash crisis within Brunei caused by the Asian financial meltdown of 1997–8 and the decline in the price of oil,” Jefri wrote in an affidavit from his case against Derbyshire and Zaman. “The payments made to the B.I.A. by Brunei Shell were greatly reduced. There were insufficient monies to fund the commitments entered into by A.D.C. and to pay His Majesty the money he required by way of Special Transfers at that time [approximately $83 million a month] In these circumstances, His Majesty commanded me to transfer assets I controlled to the B.I.A.”

Meanwhile, Islamic fundamentalists were jockeying for power. “Mohamed convinced the sultan that Jefri was going to take them down,” said one insider. Launching an investigation into the B.I.A., the sultan dispatched 200 forensic accountants to examine its books and records. They said they discovered that during Jefri’s 15 years as head of the agency $40 billion in special transfers had been drawn from its accounts: $14.8 billion had been paid to or used by Jefri himself, $8 billion had gone to the sultan, and $13.5 billion remained unaccounted for. Jefri claimed that the sultan had authorized all withdrawals (“It is inconceivable that this $40 billion could have been withdrawn without anyone having noticed it over the previous 15 years,” he wrote); the sultan countered that Jefri had embezzled the money.

Jefri lamented that he had no means of protest, for he was a wazir, the highest officer in a Muslim government, “a pillar of support for the Sultan,” as he wrote in his affidavit. “My duty as a subject and a Wazir was to obey any commands of His Majesty Accordingly, when His Majesty indicated in 1998 that he wished assets under my control to be transferred to the Plaintiffs [the B.I.A.] or himself, I felt his request had to be carried through.” When the transfers didn’t occur fast enough, extreme measures were taken. “I was anxious to resolve this dispute in the ‘Bruneian way,’ that is between the parties involved without the intervention of lawyers and accountants who in my experience only complicated the issues.” Instead, the lawyers arrived in an onslaught. “On February 22, 2000, a Writ was issued from the Brunei Court against me and many members of my family alleging that I had misappropriated very substantial funds from the B.I.A.,” Jefri wrote.

Armed troops searched Jefri’s palace, and he was ordered to turn over his passport until he signed a settlement agreement in which he promised to return assets including “over 600 properties, over 2,000 cars, over 100 paintings, 5 boats and 9 aircraft,” as well as billions of dollars in possessions he had stored in 21 warehouses. After swearing to comply fully with the agreement, Jefri left the country.

The sultan’s lawyers and accountants soon claimed that Jefri had been funding his supposedly successful company A.D.C., which employed thousands, not with profits from the business but with B.I.A. money. Once the funding stopped, A.D.C. wasn’t just insolvent—it was, the investigators claimed, more than $590 million in debt. Their uneasiness turned to panic when they pored over the list of assets Jefri had drawn up for them, in which he had promised to include everything. “The disclosure list provided by Prince Jefri was incomplete and wholly inadequate for a number of reasons,” the B.I.A.’s lead attorney, Richard Chalk, wrote in an affidavit. Entire companies had allegedly been omitted, as had account numbers and balances for the prince’s multiple bank accounts. There was no mention of the fabulous art and jewelry collections they believed he had acquired. “The list was mainly limited to information which Prince Jefri knew the [sultan and the B.I.A.] already had,” Chalk wrote.

Jefri’s spending continued unabated abroad, causing one B.I.A. representative to say that unless the prince had “won the lottery or had some good evenings in the casino” his lifestyle must still be funded by his B.I.A. assets. Jefri shot back that the sultan, in an unwritten pact he wanted kept secret, had allowed him to support himself by retaining six properties as “lifestyle assets”: the New York Palace hotel; Hotel Bel-Air; two palatial London residences, St. John’s Lodge and Clavell House; his home at 3–5 Place Vendôme, in Paris; and PT4200, a trust fund maintained by Citibank.

The feud between the brothers would turn into the world’s most expensive legal battle as the B.I.A. and the sultan spent an estimated $400 million on tracking down Jefri’s wealth, much of which the B.I.A. would claim was squirreled away in bank accounts and shell companies registered in remote tax havens. Revising the Bruneian constitution in order to have absolute rule over his brother, the sultan, starting in 2000, froze Jefri’s assets through injunctions—to little effect. Jefri allegedly sold off untraceable hoards of art, cars, and jewels included in the freezing order and somehow milked money from his properties to keep himself and his family afloat. When he failed to respond to a British summons in 2008, the court issued a bench warrant for his arrest. Facing a potential two-year prison term for refusing to divulge his bank accounts, Jefri lay low in his five-star hotels and palatial homes until he finally reconciled with his brother and returned to Brunei, with an alibi for at least a small portion of the lost fortune: he hadn’t spent all of the money, he said; his lawyers Faith Zaman and Thomas Derbyshire had stolen at least $23 million of it in “seven breaches of trust, the seven frauds,” which his attorneys would detail in court and which Zaman and Derbyshire would contend were schemes to funnel money through them to benefit the prince.

“His modus operandi has been to try to ‘salt away’ or realize assets which are frozen, then try to blame his advisors if he is caught out,” Thomas Derbyshire wrote in an affidavit in December 2006 in response to a supplemental U.K. lawsuit Jefri filed to freeze the couple’s assets. “I regret to say that my wife and I have been drawn into this web of deceit.” The federal suit was dismissed, but Jefri immediately refiled in New York State. Four years passed, with detours through courts in London and Delaware, before a jury heard the case in New York City.

Order in the Court

When the trial began, in Courtroom 242 of New York Supreme Court last year, those in the know assumed that the louche secrets of Prince Jefri’s boundless excesses would finally come to light. However, Judge Ira Gammerman soon decreed that the case was not about the prince or his extravagant lifestyle but strictly about whether Zaman and Derbyshire had stolen money from their client.

The 81-year-old judge was a well-known veteran of the courts. He had presided over Woody Allen’s 2002 civil case against his former producer Jean Doumanian, and when Allen attempted to respond to a question with a rambling answer, Gammerman interrupted him midsentence, barking, “Stop talking I’m the director here.” Now, slouched behind the bench, he surveyed a surfeit of lawyers in his courtroom: nine attorneys from blue-chip firms on each side, getting hourly fees of up to $1,000 apiece, all paid by the Sultan of Brunei. The sultan was picking up not only his brother’s legal fees but also the Derbyshires’, owing to their role as officers of Prince Jefri’s Delaware-based entities, which provided indemnities and paid legal fees in work-related claims. “It’s a lawyer’s dream, but not good for the system,” one attorney told me, adding that the legal fees on the case were then up to $100 million.

Why Prince Jefri’s family would spend $100 million to sue two lawyers for taking $23 million in graft—“chump change for the sultan,” as Gammerman put it from the bench—was a mystery in itself. Most people believed that the sultan was running the show, and that Jefri had been forced to testify as punishment for dragging his family through years of embarrassment. However, Richard Chalk, the B.I.A. lawyer who attended the trial, told me over lunch one day that it was all about recovering assets. “There are three things of significant value,” he said, enumerating back salaries (which, in Zaman’s case, included 5 percent of the gross operating profit of the New York Palace during her year as managing director) and the couple’s leases on the hotel’s private apartment and steak house, which all together Chalk valued at almost $50 million. If Jefri were to win, Chalk said, the B.I.A. would “go after [Derbyshire and Zaman] for everything, and we’ll be entitled to reimbursement of legal fees.” (Zaman’s and Derbyshire’s legal costs alone would exceed $30 million.)

Before the trial began, the defense had released photographs to the press of sculptures Prince Jefri had commissioned from J. Seward Johnson for $800,000, allegedly portraying the prince and his fiancée at the time, Micha Royale Raines, in the throes of sex. (One of the prince’s lawyers insists that the statues were meant to depict an anonymous couple, not Jefri and Raines.) An infuriated Judge Gammerman promptly issued a gag order, forbidding attorneys and witnesses to speak to reporters. Worse still for the defense, the judge pronounced that “this case is not about the relative wealth of the people. It’s not about lifestyle, it’s not about sex. It’s about the claim that the two lawyers breached their fiduciary obligations … and I’m going to limit the evidence to that issue.”

Gammerman kept a tight rein on the proceedings, blaring at attorneys and witnesses whenever they tried to introduce personal evidence about the prince, “Stop talking! When I talk, nobody else does!” He interrupted witness after witness if they attempted to elaborate after a mere yes or no, shouting, “ That’s the answer!” In the end, what had been expected to be a trial of shocking revelations devolved into a dry procedural, its 22 witnesses reduced mostly to short answers.

“How do you greet your father when you see him?,” Jefri’s youngest son by his first wife, the portly Prince Bahar, 29, was asked. “Kiss his hand,” he replied. Although Bahar had the title of president of the New York Palace hotel and had signed off on many of the contracts and leases the defendants were accused of wresting from his father, he testified that he had only “skimmed” the documents and would sign whatever Zaman placed in front of him. “Shopping, restaurants, enjoyed life,” he replied when asked how he had spent his time while performing his seemingly minimal duties in New York. During his two days on the witness stand, he answered “I don’t remember” to an estimated 285 questions.

When defense attorney Mark Cymrot attempted to discredit the characterization of Jefri as a business neophyte by showing a slide of a diagram he claimed documented Jefri’s blinding constellation of holdings—including 250 companies, seven hotels, and 150 residential properties in 12 countries—the judge went ballistic. “Turn that off!” he boomed. “That’s a complete violation of my instructions!”

The defense finally reached its limit when attorney Peder Garske, questioning Zaman, was repeatedly interrupted and muzzled while asking about her personal background. When Garske dared to shoot back, “May I represent my client?,” Gammerman exploded. He instructed the jury to leave the room and threatened to place a court officer behind Garske in order to restrain him if he didn’t toe the line.

The trial dragged on for six weeks, giving rise to more questions than answers. On the last day, I hoped to pin down Prince Jefri, since he had indicated that he might consider talking to me once the trial was over. But by then the prince was nowhere to be seen. However, once the gag order was lifted, I was able to interview Zaman and Derbyshire as well as lawyers for the B.I.A., including Richard Chalk, and Jefri’s attorney Geoffrey Stewart. With the addition of Jefri’s own words in various affidavits, an extraordinary story comes to light. It is the story the jury was not able to hear.

Working for Prince Jefri

It began, as fairy tales often do, with an unforeseen messenger, a London hairdresser named Jay Maggistro, who was something of a celebrity within the London jet set. “From his gold Cartier watch (£35,000, ‘a present from my brother’) to his £1,000 Gucci suit, the 38-year-old entrepreneur’s style is pure Eurocash,” wrote one London newspaper in 2002. He met the prince after answering the phone in his North London salon near closing time one day. “Can you come to cut a boy’s hair on the Bishop’s Avenue?” the caller asked; that was such a tony address that the hairdresser went in person. It was Prince Bahar he had been called about, but within a short time he was styling Prince Jefri too. According to Derbyshire, “Jay became the royal hairdresser when Jefri was Brunei’s minister of finance, and he flew Jay all over the world.”

As Prince Bahar grew, he and his hairdresser forged “an unbreakable friendship,” says Derbyshire. They eventually opened a London hotel, restaurant, and club together, No. 5 Cavendish Square. When the partners were sued in a civil matter, they turned to a rising barrister they had met at No. 5, Thomas Derbyshire, who specialized in cases involving money-laundering and fraud and who was then representing Terry Adams, one of Britain’s most notorious gangsters. Derbyshire won the case for Bahar and Maggistro, worth $1.6 million, he says, and they were impressed enough to mention him to the Boss, as intimates call Prince Jefri.

Celebrating a court victory with fellow barristers in a private dining room at No. 5 one evening in 2004, Derbyshire was interrupted by a knock on the door. “Prince Jefri would like to meet you,” said Maggistro, and Derbyshire says he entered a dimly lit drawing room where the prince was holding hands with Micha Raines, whom he had met in a Las Vegas hotel, and with whom he would soon have a child. After five minutes of small talk, the meeting was over.

“I met Prince Jefri today,” Derbyshire told his 27-year-old fiancée, Faith Zaman, who had recently been laid off from a job at an investment bank. Within a few days a call came from Maggistro: the prince wanted to see Derbyshire. “And bring Faith,” Derbyshire says Maggistro added. The next day the hairdresser picked up the couple in a convertible Bentley Jefri had given him and drove them to St. John’s Lodge, in the Inner Circle of Regent’s Park, which, next to Buckingham Palace, is the grandest residence in London. After clearing intense security, they were escorted into a vast hall and then into a dining room with a table that could seat 50, where a battalion of servants brought out drinks and silver trays of appetizers. Prince Jefri and Micha Raines greeted them.

‘I was paid a salary when I was working for him and then as a fiancée I was given gifts,” Raines testified at the trial. The $45,000 a month she testified she received surely paled compared with the gifts Jefri and the sultan were known to bestow. An official list from 2002, exposed in Jefri’s legal battle with his brother, details more than $17 billion in payments and presents to family, friends, V.I.P.’s, and entourage, including $18 million to the father of one of the Bolkiahs’ wives, nearly $1.5 million to a badminton coach, and millions more to government officials, some of whom got Porsches, real estate, and jewelry. (Raines now lives in an $8.5 million house in Las Vegas that Jefri gave her.) After Jefri came under siege by the sultan, he made Raines his aide-de-camp: she acted as his spokesperson, especially with women. “When Prince Jefri asked a question at his first meeting, he looked at Tom,” says Zaman. “But when he wanted to ask me a question, he prompted Micha, and Micha would ask me the question.”

“At the first meeting with Mr. Derbyshire and Ms. Zaman at St. John’s Lodge, Jay [Maggistro] and I explained the difficulties I was having with the B.I.A., with Joe Hage [Jefri’s previous attorney] and The New York Palace Hotel,” Jefri wrote in an affidavit. Derbyshire, Zaman, and Richard Chalk agree on Jefri’s situation at the time of his initial meeting with the couple. Frustrated over still being unable to get full disclosure of his assets, the B.I.A. was reviving proceedings against the prince, refreezing assets in his name, leaving him “without access to monies that were in his direct accounts,” says Chalk. “So that starts the process,” he continues, meaning Jefri’s by then well-known habit of accessing undisclosed accounts in companies that weren’t under his name but were under his control. He had to sell real estate, art, diamonds, cars, and other possessions that hadn’t been disclosed to the B.I.A. and the sultan and place the funds in his secret accounts in order to support his exorbitant lifestyle and pay his far-flung lawyers. It was an intricate game that involved moving billions of dollars among individuals, accounts, and companies around the world—a game that, Jefri’s attorney Geoffrey Stewart insists, Zaman and Derbyshire would come to orchestrate. According to Stewart, any financial trickery Jefri was charged with, the barrister couple “were at the center of it.”

Several more meetings ensued, which Jefri always insisted be “four-eyes meetings,” meaning face-to-face. Eventually he was ready to engage the couple. His life, he said, was run by a tangle of teams of lawyers around the world, defending him against the B.I.A. and the sultan’s ongoing campaign to “crush” him. Because there was no coordination among these legal teams, he was concerned that he was paying too much for duplicated work. He wanted Derbyshire to act as his lead attorney, liaise with his other lawyers, and coordinate his defense against his brother and the B.I.A. As for Zaman, Jefri would later insist that he didn’t initially intend for her to be part of his legal team at all, but he named her a director of some of his companies, responsible for everything from hiring to paying the bills. In short, the couple’s mandate, they claim, was to streamline and obtain an accounting of Jefri’s empire of businesses—a difficult process, since most of them were registered in the names of persons or companies acting on his behalf, “barriers of protection that would make it hard for his brother to seek to take the assets from him,” Derbyshire alleges.

“Prince Jefri was incapable of doing any of this himself,” says Chalk. “It was all done through his legal advisers. They’re the ones who came up with the ideas and schemes. I mean, that’s basically what Tom and Faith were doing for him. They were helping to try and see which assets could be utilized for the purpose of raising funds—which weren’t caught by the freezing injunction.”

‘We agreed that we would work for the same basic retainer that he paid his previous legal adviser, a British barrister, which he calculated would be around $8 million a year, plus expenses,” says Derbyshire, adding, “He got two people for the same price, and he was delighted with it.” (Geoffrey Stewart’s response: Prince Jefri insists that the payment was $2 million apiece for the two lawyers, including expenses, and that it was Derbyshire’s idea to include Zaman, who Jefri claims was not a practicing barrister at the time—“she was a legal advisor to me more than anything else.”)

“He told us he could not pay us immediately, because he didn’t have a bank account that wasn’t frozen,” says Derbyshire. “He had no access to money himself. He had no credit card, no checkbook, no liquid assets, and he said he relied upon the generosity of family members and friends who supported him financially. I just thought, This is the most ludicrous thing I have ever heard. Because he was living a billionaire’s lifestyle. The staff alone would be a quarter-million dollars a month.”

Their first assignment was to fly to New York and review the books of Jefri’s most important asset, the New York Palace hotel, which was then turning an annual profit of $50 million, and determine why the invoices to the hotel from a company they would later learn Jefri controlled—averaging between $550,000 and $1.5 million a month—had suddenly stopped being paid. Jefri had registered the hotel in a limited partnership in New York owned by two Delaware corporations, which in turn were owned by a third Delaware corporation, followed by two shell corporations in Labuan, the tax haven off the coast of Malaysia, and finally ending in a Malaysian trust company. But now the hotel was under siege, as Jefri outlined in his affidavit: its directors had passed an order preventing their removal by him, and a former director had filed suit challenging Jefri’s very ownership of the New York Palace and Hotel Bel-Air. “I thought there was no time to lose,” Jefri wrote of sending Derbyshire, Zaman, and Jay Maggistro to the New York Palace.

The day the couple left for New York, they and Maggistro signed a letter that would later be repeatedly shown in the New York courtroom. In order to give them full and absolute authority to act on his behalf, the prince granted them power of attorney. “Looking back at it now, I think he gave us power of attorney so that at some stage in the future he would be able to turn around and deny knowledge and involvement in things he’d done,” says Derbyshire. (Prince Jefri’s lawsuit claimed that it was Zaman and Derbyshire, not he, who suggested they be given power of attorney in order to work most effectively on his behalf. Maggistro declined to respond concerning specific issues of the case.)

Money Problems

On August 11, 2004, they arrived at the New York Palace. Along with Maggistro and Jefri’s Manhattan lawyer, they had arranged a meeting with the hotel’s managing director, John Segreti. He greeted them in the lobby, and they presented letters of introduction and their power of attorney and requested to review the books. “We have a very amicable chat, and he says he is going to his office and will be with us again in a few minutes,” says Derbyshire.

“Then he didn’t return,” says Zaman. Hotel security showed up and asked them to leave the premises. They discovered that the managing director and a former director had filed a temporary restraining order in a New York court against Jefri “to prevent him from asset-stripping the hotel,” Derbyshire wrote in an affidavit. (Jefri claimed that the hotel’s directors did this to prevent him from removing them as directors.)

Zaman and Derbyshire later alleged that they had unearthed documents showing that the hotel had been making large payments to individuals and companies that performed no services that they could determine. “These payments were made to banks in Switzerland and Liechtenstein,” Derbyshire wrote in an affidavit. Even more alarming, a $30 million mortgage had been taken out on the hotel. (Jefri claimed in an affidavit it was $35 million.) “But $25 million of this sum was repaid very quickly,” Derbyshire wrote. “Our further investigations revealed that a number of properties (which appeared as Prince Jefri’s assets on the freezing orders) had, in fact, been sold in breach of those injunctions.” (According to Stewart, the property had been sold without Jefri’s authorization.)

Next Derbyshire visited Hotel Bel-Air. While he determined that the hotel was in good financial order, he found that at least $10 million worth of Jefri’s supposedly frozen properties in California had been sold. (A Los Angeles lawyer who represented Jefri’s real-estate interests declined to comment.)

When Derbyshire presented his findings to the prince, he stated in an affidavit, Jefri had an easy explanation. He claimed that one of his previous attorneys had taken out the mortgage and sold the properties without his consent. Why didn’t the prince report him? According to Geoffrey Stewart, the prince is “conflict averse.” Stewart speculates, “Any kind of public proceeding sooner or later would get back to the B.I.A. . . . and Jefri by then heard that the B.I.A. was going to be coming after him, and I think his view was ‘Why create trouble for myself?’ ”

Having no reason to disbelieve Prince Jefri, Derbyshire and Zaman say, they continued to petition the courts on his behalf, eventually winning a ruling that he was indeed the owner of the New York Palace. According to the Derbyshires’ attorney, distributions from the Palace to Argent International, one of the prince’s companies, began flowing again, overseen by John Segreti.

Next assignment: representing the prince before the Brunei supreme court. Their first visit was in late 2004. The B.I.A. had filed a motion to force Jefri to comply with the settlement agreement he had signed back in 2000 and return all property. Because only a member of the British Queen’s Counsel can be heard in Brunei courts, and because the Derbyshires contend that by then many of Jefri’s lawyers refused to work for him, owing to not being paid, the couple enlisted Sir John Nutting, a friend of Prince Charles’s, to travel with them to Brunei. Nutting won an adjournment of the sultan’s case against Jefri until the following February. (In 2006, the case was decided against Jefri and in favor of the B.I.A.)

“The family had a rule: ‘We don’t come to you, you come to us, however inconvenient that may be,’ ” wrote Zaman in an affidavit. She and her husband were soon living out of suitcases, flying to wherever the prince, his sons, or his lawyers ordered them. By February 2005, Jefri had regained full control of his biggest asset, the New York Palace, and installed Zaman to represent his interests there.

Meanwhile, Derbyshire often met with Jefri’s legal teams. “I was effectively a conduit of information between the different lawyers in all the different jurisdictions around the world,” he testified in New York, adding that because this information frequently had to do with the prince’s frozen and hidden assets, it was necessary to deal with those lawyers in person. When asked on the witness stand how many lawyers he had met or retained for the prince, Derbyshire disgorged a startling list of attorneys in every conceivable corner of the globe.

Derbyshire would routinely rush to the airport, where a private plane would fly him off to wherever Jefri had a lawyer, in order to sign papers, retrieve documents, or receive further instructions. Many of Jefri’s lawyers refused him further service, saying they had not been paid or they had been paid with tainted funds—proceeds from the sale of assets that the sultan and the B.I.A. had not seized. (According to Stewart, “Some attorneys claimed that they suddenly realized that funds they had been receiving and depositing for years were under injunction by the freezing order—but wouldn’t return any of the money.”)

Zaman claimed in an affidavit she worked a full year without receiving any of her $4 million annual salary, although Jefri would write in an affidavit that he believed both Derbyshires had received payment for services. Derbyshire contended that he worked for more than seven months before receiving his first payment, which was $660,000 in expenses instead of $4 million in salary, and by then, he claims, he had spent approximately $600,000 of his own on travel expenses for himself and lawyers he had recruited to travel with him to Brunei. At one point, according to Derbyshire, when Jefri said he was desperate for untainted funds, Derbyshire even returned $600,000 that the prince had reimbursed him for expenses, so that Jefri could pay other lawyers who were threatening to stop their work in defending him against the sultan and the B.I.A. (Jefri disputed this in his affidavit. “I have no idea about how many law firms [Derbyshire] contacted,” he wrote. “I do not recall him mentioning having any difficulties in retaining solicitors or any problem with clean funds.”)

Why did Derbyshire and Zaman continue to work without payment, as they claim? First, they say, because they felt sure payment would eventually come. Second, they say, because they believed what Jefri told them: the sultan had reneged on the lifestyle agreement, and the properties were rightfully his. Zaman says, “Under the terms of the lifestyle agreement, the sultan had made it legally permissible for Jefri to maintain his lifestyle by keeping for himself certain assets, including the Palace and Hotel Bel-Air, and any assets in Jefri’s own name, including his jewelry and paintings. Insofar as Jefri’s argument that he was entitled to deal with these assets as his own, he was correct. To this day . . . Jefri has never been held in contempt in Brunei.” (The B.I.A. maintained that there never was a finalized “lifestyle agreement,” and a British court agreed.)

As Zaman and Derbyshire pushed forward, they say, little by little the prince showed them his hand. “He was [Brunei’s] finance minister for a reason: he is a very, very smart man,” says Zaman. “And he had hidden assets so well that the sultan, with all of his resources and all of his private investigators, couldn’t find [them].” The assets were registered in layer upon layer of “bearer shares,” according to Derbyshire, with “nominee directors” in jurisdictions around the world. Derbyshire adds, “Eventually we gained his trust, and then he opened up and we got to know everything: the art vaults full of paintings, the jewelry, gold, diamonds, bullion, and secret bank accounts.”

Geoffrey Stewart groans at the Derbyshires’ portrayal of the prince as a financial mastermind: “Prince Jefri dropped out of school at 15. I’ve never seen him add numbers. He has no concept of money that I’ve seen. He has been raised to preside over things as a prince. But all this was run by other people in the Brunei civil service. In terms of hiding money, he certainly didn’t want the B.I.A. to know where he had his personal bank accounts. He wanted to keep his personal financial affairs private. Where he was not required to disclose assets, he wouldn’t. If there was any hiding of assets, it was done by his lawyer advisers.” Jefri’s corporate structures were set up by tax accountants in the 1980s, says Stewart, when Jefri was still on good terms with the sultan, “to help keep taxes down.” As for allegations of hidden art, cars, and jewels, he says, “I’ve certainly never seen it. It’s very hard to move that stuff.”

Princely Trappings

On April 17, 2005, Jefri’s oldest daughter, Princess Hamidah, was married in Brunei to Jefri’s sister’s son, her first cousin. According to Derbyshire, Jefri sent Zaman and him to the wedding as his emissaries, and they sat at the family tables inside the sultan’s palace. Jefri then hosted a second wedding for Hamidah in the ballroom of London’s Grosvenor House, near the Dorchester, the sultan’s hotel. “It was a massive wedding,” says Derbyshire, who also attended that one with Zaman. “Jefri came with Micha Raines, and the sultan’s son Aziz turned up with Val Kilmer and Jerry Hall. Everybody was drinking Dom Pérignon, and there were millions and millions of dollars of tiaras and diamonds and emeralds.”

According to Derbyshire, “After the second wedding, a letter comes through the B.I.A.’s lawyers, [essentially] saying, ‘Prince Jefri, sons Prince Hakeem and Prince Bahar, and Princess Hamidah: All of your property in Brunei is being repossessed, and you have until June to vacate.’ They were given about four weeks.” (Richard Chalk confirms the eviction: “Title had been transferred, but physical possession hadn’t. He was ordered to leave [the palaces] because he no longer owned them.”)

Jefri was upset over the eviction notice, according to Zaman and Derbyshire. “This is an act of war,” they say the prince declared. (Stewart denies that Jefri declared the eviction notice an act of war.) Not only were his two sons being booted from their palaces, but his eldest daughter, “married to my sister’s son, pregnant with a child,” was effectively being evicted from her home as well. The fight with his brother had escalated from a legal battle to a personal war. “I am never going to put myself in a position again where he can tie up my assets,” Jefri said, according to Derbyshire, and he dispatched Derbyshire and Zaman to Brunei to pack up his belongings.

Before the couple left for Brunei, Jefri named Princes Hakeem and Bahar as directors of the New York Palace. According to Zaman and Derbyshire, the big, burly princes are true heirs to Jefri’s life of extravagance. Rod Stewart performed at one of Hakeem’s birthdays, and when Bahar turned nine, the sultan threw a bash at Claridge’s in London, transforming a ballroom into a Teenage Mutant Ninja Turtle headquarters. According to Fortune, when Hakeem wanted to learn football, Jefri imported N.F.L. stars Joe Montana and Herschel Walker to Brunei, at a cost of seven figures each, to teach him the game. Hakeem and his friends showed up in brand-new uniforms, the gargantuan prince weighing 300 pounds, trailed by a valet and guarded by a state security force. Hakeem was not able to catch the ball, so a teammate would hand it to him, and he would then shuffle down the field for an easy touchdown, because no one was allowed to tackle a prince. When Hakeem turned 18, his father gave him $1 billion as a birthday present, according to one of Zaman’s affidavits. Bahar, for his 16th birthday, received $400 million. (Of the money allegedly given to Jefri’s children, Stewart says, “I don’t know any of that to be true.”)

In June 2005, Derbyshire and Zaman flew to Brunei to oversee the packing of the personal possessions Jefri had left behind in his two palaces and in his children’s palaces—the structures had about 1,000 rooms each. “Anything that could be salvaged Prince Jefri instructed be moved to [another] location in Brunei,” says Derbyshire. When they arrived, a crew was waiting to help.

‘The first thing that met you was this rock-crystal waterfall, probably 30 to 40 feet high, and in front of it was a life-size statue of Prince Jefri with a polo mallet in solid gold,” says Derbyshire. “That was on a crane that was being swung out the front doors, probably to be chopped up and sold.” They packed up art, furniture, and jewelry. Then they moved the cars—a total of about 2,300. “Every one of the cars was a Bentley, Ferrari, or Rolls-Royce,” says Derbyshire. “All had been built individually, where you open the door and along the running board it says, BUILT BY ROLLS-ROYCE FOR HIS ROYAL HIGHNESS PRINCE JEFRI, and you look at the odometer and it would be four miles. The rubber around the windows had melted in the heat.” Zaman says the tires were melting, too, because the air-conditioning had been cut off. (Stewart’s response: The state of the cars wasn’t due to lack of air-conditioning but to a “lack of necessary maintenance.” As to the contents of the palaces, they were legally Prince Jefri’s to take.)

According to Derbyshire, Jefri had instructed that all these possessions be taken to Gurkha-guarded warehouses, where they would be crated and shipped to other locations, then marketed. “I think it’s fair to say that, between 2004 and probably August 2008, there were still instances where suddenly we would become aware of blatant breaches by Prince Jefri of the freezing order, where an asset had obviously been sold,” says B.I.A. attorney Richard Chalk.

It’s called “trickle feeding”: selling off assets bit by bit, in this case to avoid B.I.A. suspicion. Three of Jefri’s wristwatches, gem-encrusted and reportedly worth more than $850,000 total, were sold in November 2009 in London’s Hatton Gardens jewelry quarter. A collection of 48 rare “supercars,” including 27 Ferraris, was rumored to have been shipped out of Brunei for sale in Singapore. Diamonds and gold were sold through brokers in Britain, according to Derbyshire and Zaman. (Of Jefri’s alleged trickle feeding, Stewart says, “He didn’t need to,” since he had “a setup” with the New York Palace that paid his company Argent enough to cover his expenses. “It was running, safe to say, a million to a million and a half a month, and that’s how he was living.”)

Zaman and Derbyshire say that the art was sold in Paris, where Jefri’s fourth wife, the New Zealand-born Claire Kelly (who adopted the Bruneian name Madame Salma), lived with the prince in his palatial residence in the Place Vendôme. At the trial, Derbyshire testified that an important sale had been pending, which included one of Jefri’s most valuable remaining paintings, Jean-Léon Gérôme’s Napoleon and His General Staff, which he kept in a secure Swiss vault with more than 200 other paintings. (Stewart says, “Prince Jefri loved art and bought fantastic amounts of it. Actually had a pretty good eye. But Jefri had nowhere to hang a lot of it.”)

Micha Raines was concerned about the sale, since the British court was pursuing Jefri. “She did not want to see him committed to prison for contempt [should it be] discovered he was selling assets which he had never disclosed,” according to an affidavit submitted by Derbyshire, who called a meeting in Paris with Jefri and Claire Kelly. (Raines could not be reached for comment.) They agreed to stop the sale, but Jefri still wanted the entire collection appraised, because he planned to sell the art as a job lot—which he eventually did. (According to Stewart, the prince sent Derbyshire to sell the artwork, which had been a wedding gift to Claire Kelly.)

The sultan and the B.I.A. continued to press their case against Jefri in every court they could, and soon they would have contempt charges against him in England, meaning that he could be jailed if he set foot there.

He Said, They Said

Jefri was ostensibly pleased with Zaman and Derbyshire’s work, they claim. Micha Raines sent a fax to Zaman on September 18, 2005: “You and your husband are saving his life now and that is something we are grateful for. . . . May more blessings come this way—where truth prevails—and good people are rewarded for their good intentions.”

Did their duties include devising ideas to help Jefri evade freezing orders and manufacture cash? “No,” says Zaman. “Our job was to work with a group of Jefri’s advisers and carry out Jefri’s instructions. . . . We consulted with 50 to 70 independent advisers in various jurisdictions over the years.”

In November 2005, as part of Zaman’s contract with the New York Palace, she claimed in her affidavit, Jefri gave them a 17-year lease on a 2,800-square-foot apartment on the third floor of the hotel, which rented as a suite for $20,000 a night. The prince gave the apartment to them rent-free for the first five years, they say. After that, the charge would be $500 a month, with an option to renew for 51 years. Should the sultan ever be successful in taking over the hotel, he would have to deal with them for the rest of his life. They also contended that the prince gave them a second lease, also at a low price, for the Maloney & Porcelli steak house on the hotel’s ground floor, on East 50th Street. (Prince Jefri flatly denied giving the Derbyshires the two leases. “I never even knew of the existence of the third-floor apartment at The New York Palace Hotel,” he wrote in an affidavit. Of the couple’s contention that Prince Bahar signed both leases, Jefri insisted that Bahar didn’t recall signing either one. “Although I understand that he often signed whatever was put in front of him by Ms. Zaman,” he wrote in an affidavit.)

In February 2006, John Segreti, the managing director of the Palace, dropped dead of a pulmonary embolism. “I need someone who is loyal,” Zaman recalls Jefri saying. According to Jefri’s lawsuit, “Even though she had no experience in managing hotels or business operations, after interviewing a few candidates, [Zaman] informed Prince Jefri and Prince Bahar that there were no candidates as qualified as she was and recommended that she be appointed the hotel’s managing director.” (Zaman’s response: “Prince Jefri never let any person dictate to him how he should manage his assets. He’s a prince in a dictatorship, used to getting his own way. He made me the general manager because he wanted someone he could trust who wouldn’t kick him out of the hotel, as had happened to him before.”)

“Relying on Zaman’s position as a fiduciary to him, Prince Bahar appointed her as Managing Director of the Palace Hotel in late March 2006,” according to Jefri’s lawsuit. She claimed her annual salary included 5 percent of the hotel’s gross operating profit, a car allowance of $100,000 per year, and free use of the company credit card for personal expenses, and she showed Prince Bahar’s signature on her employee agreement. (“Ms. Zaman did not inform [Prince Bahar] that she was to receive 5% of GOP,” Jefri later wrote in an affidavit, insisting that Bahar didn’t fully read the agreement before signing it.)

Zaman handled her duties well, by many accounts, maximizing occupancy, improving profits, and, most important, approving invoices for “consulting fees” of approximately $1.3 million a month submitted by a company called Argent International, which she was told was owned by Prince Bahar. She claims in an affidavit that she paid consulting fees to Princes Hakeem and Bahar of between $500,000 and $1.5 million a month. (Stewart’s response: “Much less. I want to say it was more like $100,000 a month. It only happened for two months. The reason was there was no money.”)

Zaman’s job as managing director included dealing with the prince’s family—four wives and 18 children—and their friends, few of whom carried cash or credit cards and, even if they did, often preferred that their charges go on the company’s or Zaman’s credit cards. Zaman goes through a list of costly items: $140,000 in flights Princes Hakeem and Bahar charged on her credit card after getting it from her assistant without her knowledge (according to Stewart, Hakeen and Bahar “didn’t know Faith had a credit card. Prince Jefri never knew she had a credit card, either”); a $28,000 Cartier watch Zaman bought for one of Bahar’s girlfriends; a $200,000 diamond-encrusted watch from Jacob & Co. (“My wives and children do not require such items to be purchased by either Ms. Zaman or Mr. Derbyshire,” Jefri wrote in an affidavit.)

Meanwhile, Prince Jefri was convinced that Mohamed and his men were spying on him, both when he was in Brunei and abroad, according to Stewart. He says Jefri commissioned J. Seward Johnson to make the sex statues to shock his brother. “Mohamed loved to buzz Prince Jefri’s palace in his helicopter, and Prince Jefri decided that the thing to do would be to have these life-size statues made and put them around the pool. The next time Mohamed buzzed the house, he’d be appalled and shocked.”

In repossessing the Brunei properties of Jefri and his family, the sultan had finally gotten the upper hand. According to Derbyshire, Jefri felt he had to strike back, hard, by cashing in his biggest assets, the New York Palace and Hotel Bel-Air.

Geoffrey Stewart says Zaman and Derbyshire pushed Jefri to sell the hotels and set up “dummy corporations” to hold the money, from which Zaman would receive a commission. Jefri acquiesced to selling the hotels, although he believed the freezing order would prevent it. (Zaman denies that she would have received a commission, saying that any commissions on the sale would have gone to members of Jefri’s family.)

In the New York court, Derbyshire testified on Jefri’s plan to sell the hotels. The prospective buyer was Ty Warner, the Beanie Babies billionaire. Warner particularly wanted Hotel Bel-Air, but it was a trinket in Jefri’s world, priced at only $200 million (and returning only $3 million in annual profit), whereas the Palace was priced at $600 million and had a $50 million profit. (Through an executive at his company, Warner declined to comment.)

Warner agreed to Jefri’s $800 million asking price for the two properties, which would have netted the prince $575 million after taxes. But one hurdle remained: where to bank the money? The sale would be a breach of the Brunei freezing order, which Derbyshire says he explicitly explained to Jefri, thinking that the deal would be off. (Stewart says that Jefri received no explanation from Derbyshire: “Prince Jefri was of the view that selling it would be tough, but if Derbyshire could close such a deal then Jefri was fine with it.”)

In September 2006, however, the prince summoned Derbyshire and Zaman to a four-eyes meeting in his Place Vendôme residence. They were joined by two bankers from UBS Zurich. It was agreed that one of them should “open an account at UBS Zurich to receive the $575 million, the sale proceeds, but [the banker] wasn’t confident that UBS wouldn’t treat those funds as being captured by the Brunei freezing order,” Derbyshire testified. “And they wanted a written opinion from me.” (Stewart says the UBS Zurich account had been disclosed to the B.I.A., and the B.I.A. had also heard rumors of the impending sale of the hotels. According to Richard Chalk, “We wrote a warning letter [to Ty Warner] that you ought to be aware that this is beneficially owned by the B.I.A. and there’s a freezing order in place. And that really put the kibosh on it.”)

Derbyshire continued: “So I was asked to give a written opinion indicating that there were no court orders in existence anywhere in the world which affected Prince Jefri or the sale proceeds. And I refused to do it.” (According to Stewart, “No such request was ever made.”)

Why didn’t they inform the court or anyone else about what they saw as Jefri’s alleged duplicity? They say they still felt they were under attorney-client privilege. So they pressed on to see his case through before the Privy Council in Great Britain, which would rule against Jefri in November 2006 on the various allegations the sultan and the B.I.A. had leveled against him.

In September 2006, the B.I.A. obtained from the Brunei court transfer orders for the remainder of Jefri’s major assets, including the New York Palace. On October 23, the B.I.A. sent a letter to Zaman informing her that the B.I.A. was now the hotel’s legal owner and that any member of management would be held liable for any payments made outside the ordinary course of business. That month, Zaman claims, she was presented with three invoices for “consultancy fees” from what she says she now knew was Jefri’s company, Argent International, for a total of $3.6 million. In the past, Argent invoices had been paid “immediately,” says Zaman. But now, she adds, concerned that Jefri would attempt to “asset-strip” the hotel before the B.I.A. could actually take over, she refused to pay the invoices and says she told Jefri and Prince Bahar why. “They were livid with me and told me that unless I acted in accordance with their instructions, I would not only lose my job, but they would ruin me by destroying my reputation so that I would ‘never work again,’ ” she wrote in an affidavit. Prince Bahar eventually authorized the payment. (Stewart denies that Jefri and his son threatened to ruin Zaman: “That’s a total fabrication that they were livid with her.”)

On November 7, Zaman and Derbyshire were summoned to Paris, where Jefri said he was “terminating” them, effective immediately. Derbyshire testified that Jefri had said it was nothing personal. He just wanted new representation. “It was very nice to know you,” he said.

“I hope you intend to pay me the fees we’ve agreed,” replied Derbyshire. By then, he claims, his outstanding fees exceeded $10 million, and he and Zaman were owed hundreds of thousands of dollars in expenses. According to Derbyshire, Jefri said he intended to pay in full, as soon as “funds become available.” They signed the termination documents, after which, Derbyshire told the court, “we were politely asked to leave.”

Derbyshire claimed in his affidavit that, prior to their dismissal, “we were very concerned about what we had gotten ourselves into. It dawned on me that I had worked for the Prince for over two years for very substantially less than I had been promised, while Prince Jefri was telling me he had no money to pay me and yet all along he had been sitting on an illicit fortune.”

‘I realized I may not have been told the whole truth about certain things by Ms. Zaman and Mr. Derbyshire,” Jefri claimed in an affidavit. Still, he didn’t think “anything very serious was wrong,” and the termination was amicable. Later that same November, though, after the couple’s departure, Jefri claimed in an affidavit, he discovered that two payments totaling $1.4 million had been transferred from the New York Palace to a Wachovia Bank account, which neither hotel officers nor Prince Bahar knew anything about. Jefri was soon told by the assistant to the managing director that “Ms. Zaman had asked her to research banks with a branch in the Cayman Islands,” where the funds were banked in Zaman’s name. The prince also soon discovered that his Long Island estate “had been sold to a company which appeared to have been linked to Ms. Zaman,” as well as “misuse of credit cards” and other financial machinations. All of these accusations, Derbyshire and Zaman contended, were the prince’s own maneuverings to pay his lawyers and his lifestyle expenses.

If Jefri was going to blame Derbyshire and Zaman for mismanagement, which now they say they both felt likely, they would need proof that Jefri had approved the documents concerning the deals they had orchestrated on his behalf, all of which bore his signature or Prince Bahar’s. “In particular, we were concerned that documents which might exculpate us from any future allegations of wrongdoing … might simply disappear,” Derbyshire wrote in an affidavit.

Zaman flew to New York, and Derbyshire flew to Los Angeles. Landing at midnight, Zaman went straight to the Palace and collected her belongings, even though hotel officials had called her to say she couldn’t remove anything from her office unless Jefri’s London attorney was present. A hotel video of Zaman rolling out two boxes at four A.M. was shown at the trial. In his affidavit, Prince Jefri maintained that it showed Zaman “tricking her way into the New York Palace,” retrieving the boxes of prohibited material. Zaman, meanwhile, claimed that the two boxes contained personal effects, most notably an urn holding the ashes of her unborn son, whom she had lost to a miscarriage during her time in the prince’s employ.

Derbyshire and Zaman were eventually able to produce documents with the signatures of Prince Jefri or Prince Bahar on them that seemed, to some extent, to exonerate the couple. Zaman alerted the hotel’s bankers about her concerns that Jefri would asset-strip the hotel before the B.I.A. could fully take over. The B.I.A. obtained a temporary restraining order against the prince in a New York court.

Trial by Jury

On December 1, 2006, Jefri filed a complaint in New York charging the Derbyshires with “pervasive fraud, breach of contract, conspiracy, and criminal enterprise.” He launched a simultaneous assault in the international media, hiring a London public-relations firm to publicize his lawsuit.

In late April 2008, a New York court officially transferred control of what was believed to be Prince Jefri’s last major asset, the New York Palace, to the B.I.A. After Jefri surrendered what he contended were the rest of his diamonds—five stones worth approximately $200 million—and a hundred paintings, his 10-year odyssey had finally come to an end. (According to Stewart, “He’s a proud man, and he was reduced later on to borrowing a lot from old friends. He borrowed £2 million from [his first wife,] Jefrida. He borrowed money from his daughter Hamida He’s been living on borrowed money for a long time.”)

In the court case regarding the sultan’s attempt to seize the Palace hotel, Jefri’s attorney argued that the sultan had taken the prince’s two Brunei palaces without cause and that Jefri should be entitled to the value of at least one of the homes or “an equivalent palace somewhere else.” (“Buckingham is not for sale?” deadpanned the judge. “Maybe Windsor.”) The attorney added that the sultan and the B.I.A. were about to evict Jefri from St. John’s Lodge, in London, and the Place Vendôme property, in Paris, leaving him without a residence or suitable income, other than the paltry $20,000 a month he receives for life as a member of the Brunei royal family. “The idea of Prince Jefri working for a living is on a level of when during the Russian Revolution they put the aristocrats in the streets of St. Petersburg in the middle of the winter without any clothes to sweep,” Jefri’s lawyer told the court. “Unimaginable wealth all his life. He’s 55 or so. Now he’s going to go and bus tables?”

In October 2009, Jefri returned to Brunei, staying in a hotel until his residence was ready. The sultan and the B.I.A. were apparently at last satisfied that the prince had revealed and turned over everything. “Insofar as we’re able to tell,” Richard Chalk replied when I asked him if his client, the B.I.A., was sure that Prince Jefri didn’t have another billion somewhere. “Objectively, you can say there’s been a history of concealing assets. So you can never be satisfied that this is right. But we’ve gotten to the position where he’s sort of said, ‘Well, I’ve told you everything, and if unbeknownst to me I become aware of something else I will of course hand it over.’ Because this is a man who in many respects is not completely aware of everything he had.”

Once this convoluted case was handed over to the jury, last December, they returned after a scant three hours, surprising everyone not only by the brevity of their deliberations but also by their verdict: they found for Zaman and Derbyshire on all charges. “I don’t think any of the parties are really innocent, actually,” one juror told me. “I think everybody was lying to some extent.” But the jury didn’t buy Prince Jefri’s depiction of himself as a financial neophyte. “There was no real proof that he didn’t know what was going on and he didn’t approve these dealings,” the juror said. Another juror remarked of Jefri and Prince Bahar, “To me they looked like Hollywood actors, trying to show us that by being royals they were fooled.”

The jury awarded Zaman and Derbyshire $21 million in back wages and damages and allowed the couple to walk away not only with their money but also with their reputations intact. However, the case is far from over. According to Geoffrey Stewart, Prince Jefri is appealing.

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Brunei sultan’s salacious family secret

The Sultan of Brunei has a family secret: His brother Prince Jefri has spent billions and had a luxury yacht with a salacious name.

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Brunei’s Sultan Hassanal Bolkiah has a family secret: His sex-obsessed and profligate spending brother, Prince Jefri.

The playboy Prince Jefri Bolkiah led an exorbitantly lavish lifestyle, flying in planeloads of women who he entertained and showered with gifts.

The notoriously extravagant and wanton lifestyle past of Prince Jefri is in stark contrast to his older brother’s stringent new laws.

The Sultan of the tiny sovereign gas and oil rich state has introduced a death penalty for gay sex.

Adulterers in the Muslim-majority sultanate blessed with a pleasant climate, excellent roads, golf courses and yacht clubs may now be stoned or whipped.

Convicted robbers face the cutting off of their right hand or left foot.

However, the sultan’s brother Prince Jefri once allegedly kept a paid harem of up to 40 women, and was accused of embezzling $14.8 billion.

Related: Inside the insanely decadent life of the Sultan of Brunei

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He entertained women on his luxury yacht called “Tits” which had lifeboat tenders named “Nipple 1” and “Nipple 2”.

Until his assets were frozen in 2000, Jefri “has probably gone through more cash than any other human being on earth”, Vanity Fair reported.

At one point the diminutive prince, whose full name is Jefri Bolkiah ibni Al-Marhum Sultan Haji Omar Ali Saifuddien Sa’adul Khairi Waddien, allegedly spent $50m a month.

He bought colossal diamonds for his numerous consorts and collected 2300 luxury cars, including Ferraris, Rolls Royces and Bentleys.

Prince Jefri in London. Picture: Paul Grover/REX

One girlfriend later auctioned off the necklace given to her by the prince for $100,000.

He paid $7 million for a rug woven of gold thread and embroidered with jewels.

Jefri owned a helicopter and eight airplanes including a private Boeing 747, and bought paintings by Renoir, Manet and Degas.

Through his 200 companies, he bought more than 500 properties including a collection of five-star hotels.

He owned the New York Palace, Los Angeles’ Hotel Bel-Air, the Plaza Athénée in Paris and bought London’s former Playboy Club for $34 million, more than four times its market value.

In 2010, American woman Jillian Lauren published a book about her former experiences as Prince Jefri’s “number two girlfriend”.

In Some Girls: My Life in a Harem , she said the prince paid for young attractive women for short-term hires of three weeks, and others for stays of up to a year or more.

Prince Jefri Bolkiah, above in New York in 2010, commissioned erotic jewellery and colossal diamonds which he gave as gifts. Picture: Seth Wenig.

She wrote that Jefri, who liked to be called “Robin”, housed the women in luxury digs in the grounds of Brunei’s royal estate and paid them around $2000 a week.

The palace is located among the leafy, riverside hills on the banks of the Brunei River, a few kilometres southwest of Bandar Seri Begawan, Brunei’s capital city.

The women, who were also given jewellery, were required to attend Prince Jefri’s parties where he entertained his male friends.

The prince would ultimately depart the function with one particular girl of his choice.

The harem allegedly included a Penthouse Pet of the Year, and a TV actress.

Now aged 64, for his 50th birthday in 2004 Prince Jefri paid Michael Jackson $17m to perform at a custom-built stadium.

He commissioned artist J. Seward Johnson to create an $800,000 sexually explicit statue.

 Le Plaza Athenee, Paris, bought by Prince Jefri and one of nine hotels boycotted by stars George Clooney and Ellen DeGeneres. Picture: Thibault Camus.

After buying Asprey, London jeweller to the Queen for $385m, he commissioned erotic fountain pens and jewel encrusted watches depicting couples having sex, each worth $1.3m.

Jefri is married to three wives, divorced from two others and has eighteen children, aged around 15 to 47.

He once imported US grid iron stars Joe Montana and Herschel Walker, who he paid at least $1m each, to teach one of his sons football.

Jefri also paid $1.5 million for a badminton coach.

The finance minister of his oil-rich country from 1986 to 1998, Jefri also was chairman of the Brunei Investment Agency.

The BIA invested much of the country’s wealth, but after the Asian Financial Crisis in 1997 was audited by the Brunei Government resulting in allegations Jefri had embezzled $14.8b.

He denied the charges, but in 2000 agreed to relinquish his assets and avoided prosecution.

The polo playing playboy Prince Jefri in Cirencester, UK in 1997. Picture: David Hartley/REX.

Following the audit of his spending, Jefri was forced to surrender five diamonds worth $200 million.

He also gave up his cars, aircraft, 100 paintings, five boats and thousands of other possessions.

Legal issues forced Prince Jefri from Brunei, and litigation in the British High Court resulted in a warrant being issued for alleged contempt of court.

However, since 2009, his 72-year-old older brother, His Royal Highness the Sultan, who also has multiple wives, has forgiven Jefri.

The prince has been allowed to return to Brunei and has made public appearances with members of the royal family.

The Sultan of Brunei Hassanal Bolkiah offers a prayer in 2000 with two of his wives at a royal birthday investiture in Nurul Iman Palace.

The righteous sultan introduced stringent new sharia laws this week which decree that women who have an abortion or give birth outside of marriage should face prison.

His new penal code also punishes Muslims caught drinking alcohol with whipping.

Even minor infractions can now result in heavy fines and jail sentences.

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Unrighteous acts such as adultery or sodomy could warrant amputation of limbs or stoning to death.

Brunei, which comprises 5765 square kilometres on the island of Borneo and around 500ksq more of South China Sea coastline and border territory with Malaysia, has 118 mosques.

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The sultan and his first wife Queen Saleha at his 59th birthday celebration ceremony in 2005.

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Launched in 2006 by Platinum Yachts, Dubai is the world’s second largest private yacht, measuring 162 metres. Dubai’s incredible size is disguised by the elegant lines of her steel hull and aluminium superstructure – the work of renowned designer Andrew Winch. Her stunning interior was designed by Platinum Yachts.

The construction of this megayacht began for Prince Jefri Bolkiah of Brunei more than 10 years before the yacht’s launch. The construction, then a joint project between Blohm + Voss and Lurssen shipyards, was halted until 2001 when the hull was acquired by Platinum Yachts for His Highness Sheik Mohammed Rashid al-Maktoum. The project, previously named Platinum, Panhandle and Golden Star, was re-named Dubai.

Dubai’s luxurious interior design blends bold colours with fine fabrics and intricately detailed handmade mosaics. A spectacular staircase creates Dubai’s showpiece. Bathed in natural light from the top deck, this dramatic circular staircase features glass steps, which change colour. Dubai’s spacious decks offer a split-level owner’s deck; a large social area including the main lounge with its centrepiece red sofa; numerous VIP and guest suites, and a crew area to accommodate 115 people including crew and guest staff.

With seven decks, Dubai has a wealth of sunbathing areas; a striking mosaic swimming pool and several Jacuzzis. She can accommodate a helicopter of up to 9.5 tonnes and can carry two 10-metre long tenders.

Dubai has a displacement of 9,150 tonnes, yet can reach an impressive 26 knots at maximum speed. She has exceptional worldwide capability with a range of 8,500 miles at 25 knots, powered by four MTU diesel engines.

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The World’s Most Expensive Yachts—Including Some That Cost Billions

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Though superyachts are already among the most costly consumer items available, the prices of the most expensive yachts in the world are still astounding. In recent decades, those with money to burn have settled on these floating palaces as an ideal locus for demonstrating their prosperity, and, as such, the global luxury yacht industry is undergoing a golden age. The world’s überwealthy think of their motor yachts as toys, and they’re constantly trying to outdo each other in scale, design, amenities, materials, and sheer profligacy.

Knowing this, what features does it take to own one of the most expensive yachts in existence? And how much do these opulent vessels actually cost? To that end, AD has compiled a list of the five priciest superyachts currently out on the water. As with many things connected to the very wealthy, details are shrouded in secrecy—often intentionally—to shield the assets from taxation or seizure, or to protect privacy.

Below, dive into the five reportedly most expensive yachts in the world.

5. Dubai ($400 million)

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This 531-foot yacht is reportedly owned by United Arab Emirates Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai. Though it was originally planned for another Middle Eastern potentate, Prince Jefri Bolkiah of Brunei, he suddenly voided the contract in 2001. With exteriors designed by Andrew Winch and interiors by Platinum Yachts, this German-built Blohm + Voss vessel features several Jacuzzis, a pool inlaid with handmade mosaic tiles that is reportedly large enough to hold 115 people, a circular staircase, a discotheque with an appropriately sized dance floor, squash courts, a movie theater, a dining room for 90 guests (the other 25 presumably have to eat in the pool?), a helipad, and a submarine.

4. Topaz ($527 million)

most expensive yacht

Resembling a stealth bomber, this 483-foot ship is reportedly owned by Russian fertilizer and coal oligarch Andrey Melnichenko. With exteriors by Tim Heywood Design Ltd. and interior designs by Terence Disdale Design, this German-built Lürssen Yacht features a 2,500-square-foot primary bedroom, six guest suites (with moveable walls so they can be transformed into four grand staterooms), glassware and tableware fashioned from French crystal, a helicopter hangar, a 30-foot speedboat tender, and three swimming pools, including one with a glass-bottom dangling menacingly above a disco.

3. Azzam ($600 million)

most expensive yachts

This 590-foot ship is currently thought to be the largest private yacht in the world and one of the fastest, with a top speed of 35 miles per hour. To achieve this immense scale and speed, it required a pair of gas turbines and two stratospherically potent diesel engines, rendering it very difficult to build. It is reportedly owned by a member of the royal family of the UAE, Sheikh Khalifa bin Zayed Al Nahyan. With exteriors by Nauta Yacht and interiors by French decorator Cristophe Leoni, this yacht was also built by Lürssen in Germany. The vessel is set apart by its early 19th-century Empire-style veneered furniture, as well as its state-of-the-art security systems, including a fully bulletproof primary suite and a high-tech missile deterrence capabilities.

2. Eclipse ($1.5 billion)

most expensive yachts

In addition to being the second-costliest, this 533-footer is thought to be the world’s second-largest private yacht. Owned by Russian billionaire Roman Abramovich , the ship was claimed to be located in Turkey and may be impounded as part of the United Kingdom’s sanctions against Russia. Designed by Terry Disdale and built by Blohm + Voss, it features two-dozen guest cabins, two swimming pools, two helipads, and multiple hot tubs. For privacy and security reasons, it hosts a missile detection system, bulletproof windows in the primary bedroom and on the bridge, an anti-paparazzi shield, and, when all of that fails, a mini-submarine that can take a few VIPs 164 feet under the ocean’s surface.

1. History Supreme ($4.8 billion)

History Supreme has never actually been seen in a major port, and rumors suggest that the yacht may not be real and instead just a publicity stunt. Reportedly owned by Malaysia’s richest man, Robert Kuok, and designed by Stuart Hughes in the UK, the yacht is only a paltry 100 feet long. Its worth is said to be derived from its lavish finishes, including a statue constructed from genuine Tyrannosaurus rex bones, a liquor bottle embedded with an 18.5-carat diamond, and a primary bedroom with one wall made from meteorite and another from a 24-karat gold Aquavista Panoramic Wall Aquarium. If you see it somewhere, let us know.

Frequently Asked Questions

How much is Jeff Bezos’s yacht?

Most Expensive Yachts

This is why people like Amazon founder Jeff Bezos work to keep their yachts out of the public eye. Though we are not including Jeff Bezos’s yacht, Koru (Maori for “coil”), in this list because it is a sailing yacht and thus excluded from the realm of these motor yachts, it created controversy in the Netherlands when its presence became known. Jeff Bezos’s abided the $500 million price tag of Oceanco, the Dutch custom yacht builder, to create the 417-foot megayacht. But when the company, at Bezos’s behest, requested that a local bridge be dismantled to make way for its gigantic mast on its journey from the shipyard, public sentiment turned against the cento-billionaire, and Oceano shelved its request. Maybe a port like Monaco would be more accommodating?

Also not on this list is the world’s largest private yacht, reportedly owned by Alisher Usmanov. Though size and cost typically scale in the world of superyachts, this is not always the case (see #1 in this list.) Also, Somnio, the 728-feet dream-monikered yacht liner that tops our list of the world’s largest private yachts , isn’t quite done being constructed. And it is not, like most of the largest superyachts, privately owned by one individual or family—it’s a kind of floating condo, with 39 eight-figure homes available to potential owners solely by invitation.

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Mega Yachts and a Peek at Three of the Most Extravagant

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Mega yachts may be the high-class queens of the seven seas, but there is fierce competition among wealthy mega yacht owners about just how much extravagant luxury they can cram onboard their super-vessels.

Here we take a look at three of the most expensive mega yachts sailing the seas today with decks dripping with the most expensive and extravagant amenities on the water.

1. Mega Yacht The Dubai

jefri bolkiah yacht

With an estimated price of around $350 million, the Dubai mega yacht has gone under three different name changes since its launch: Platinum, Panhandle and Golden Star. Originally constructed for  Brunei Prince Jefri Bolkiah, the Dubai is now under the ownership of Sheik Mohammed Rashid Al Maktoum of the United Arab Emirates.

Spread over seven decks, the Dubai has a spectacular circular glass staircase, but each step changes colour as you glide elegantly down them. This is just one of the unexpected extravagant touches contained on board.

Other luxury touches include huge plush red sofas, a home theatre, a helicopter station that can hold a model weighing up to 9.5 tons, and a swimming pool that is tiled out with hand-made mosaics fashioned into a work of art that resembles Persian Gulf sea life.

The decorative elements onboard use a mix of tile materials including gold leaf, marble, onyx, lazuli, and malachite, creating beautiful artwork wherever you look.

2. Super Yacht The Pelorus

jefri bolkiah yacht

The Pelorus is a popular mega yacht that has changed hands many times over the years and included Roman Abramovich and David Geffen as owners that made major upgrades along the way. In fact, it was Roman Abramovich that added a second helipad because he needed room for more than one helicopter. 

With an estimated price of around $300 million, current owner Samuel Tak Lee is said to be able to captain the boat literally via a joystick!

Styled to feel like an informal beach house, the interior was designed by Terence Disdale and uses a mix of distressed natural wood panelling that was purposely distressed for the mega yacht. With two swimming pools on the top deck and the sea-level transom opening onto a platform for launching a selection of water toys, this mega yacht really does have a beach house feel to it.

Not only does the Pelorus have its own movie theatre, but it is also the only mega yacht (so far) to include beds in the cinema for the ultimate comfort in late-night movie viewing.

3. Luxury Yacht Radiant

jefri bolkiah yacht

With an estimated value of around $300 Million, this mega yacht is now in the hands of Emirati businessman Abdulla Al Futtaim. Originally named Darius, this 361-foot superyacht was renamed Radiant because of the way it radiates light when it’s lit up at night.

Designer Tim Heywood installed a huge central beam on board to enable the interior to be left wide open. With decks made of teak, a helipad, fully equipped gymnasium, beach club, massage rooms, swimming pools and a swimming platform, the Radiant mega yacht has everything guests need to keep themselves healthy and looking great.

Scared of pirates? No need to be when on board the Radiant! The mega yacht sports an extremely powerful water canon to defend the ship against attacks. The vessel even has an ‘escape launch’ turbo-charged twin diesel speed boat that can let you escape the boat at 75 knots.

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Setback for flush prince of Brunei

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He’s been called the “Playboy Prince,” famous for luxuries big and small -- planes, yachts, cars, even gold-plated toilet-roll holders.

Brunei’s disgraced Prince Jefri Bolkiah may have to adopt a more modest lifestyle now. A British court ordered him to surrender ownership of prestigious U.S. hotels and European homes to the Brunei government’s investment arm as payback for allegedly helping himself to billions of dollars from state coffers.

The verdict is the latest chapter in one of Asia’s most sensational royal scandals, which has shone a spotlight on the opulent life of the oil-rich sultanate’s ruling family.

The scandal became public in 2000, when the government accused Jefri, the youngest brother of Brunei’s supreme ruler Sultan Hassanal Bolkiah, of embezzling nearly $16 billion from state coffers while Jefri was finance minister from 1986 to 1997.

The losses nearly bankrupted the country, located on the north coast of the island of Borneo. They came at a time when revenue was stretched by low oil prices and the Asian economic crisis.

Jefri’s shenanigans estranged him from Hassanal, one of the richest men in the world, who lives in a gold-decked 1,788-room palace and whose own lavish lifestyle is legendary.

Jefri reached an out-of-court settlement with the government in 2000, agreeing to repay Brunei’s investment arm the money he allegedly used to buy hotels and other expensive assets.

But the Brunei Investment Agency, which used to be headed by Jefri, launched court proceedings in 2004, saying the prince had not transferred ownership of five U.S. and European properties and a trust fund as required by the settlement.

Jefri, 53, left Brunei in 2004 and has mainly lived in London since then.

He has four wives, 17 children and 18 adopted wards, according to Brunei media.

He has denied wrongdoing, saying he had the authority to use state funds.

According to Britain’s Privy Council, the final court of appeal for many British territories and former colonies, Jefri said the disputed assets “enable him to continue to fund a suitable lifestyle for himself and his family.”

The Privy Council, however, was unmoved. It ruled last month that Jefri must transfer ownership of the New York Palace Hotel, the Hotel Bel-Air in Los Angeles, three residences in London and Paris and the trust fund to the Brunei agency.

Jefri contended that he had an oral agreement with Hassanal entitling him to keep those “six very valuable assets,” the Privy Council said in a ruling on its website.

“It appears . . . that the Sultan had some sympathy with Prince Jefri’s lifestyle concerns,” the council said. “But nothing in the documentary records suggests that a firm agreement had been reached or . . . that the Sultan had ever agreed to Prince Jefri retaining the six assets.”

A legal expert close to the Brunei Investment Agency said Jefri had not responded to the verdict, but that the agency’s lawyers hoped to meet Jefri’s representatives in London soon. Discussions about Jefri’s finances might be held separately, but Jefri will continue to receive a regular, undisclosed entitlement accorded all Brunei royalty, the expert said on condition of anonymity because of the sensitivity of the issue.

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500 Rolls-Royces, $20,000 haircuts, and a 1,788-room palace: Everything we know about the lavish life of the Sultan of Brunei, who sparked outrage after introducing a law punishing homosexuality with death

  • The Sultan of Brunei Hassanal Bolkiah is currently the subject of widespread condemnation for making homosexuality punishable with the death penalty.
  • The torrent of criticism got so loud Bolkiah backpedaled on Sunday, promising the law would never be enforced, but it still exists as legislation.
  • But he was once a young, liberal "playboy" who embraced hedonism and freedom, despite being the head of the Muslim faith in the small southeast Asian nation. 
  • Spurred on by his profligate brother Prince Jefri, the sultan spent billions on yachts, cars, statues, casinos, and almost everything else money can buy. 
  • Here's an inside look at what his life is like. 
  • Visit INSIDER's homepage for more stories.

Insider Today

The Sultan of Brunei, Hassanal Bolkiah, was widely condemned in April for ushering in new laws to punish homosexuality with death by stoning as part of a move to align the country with Sharia law, a strict interpretation of Islam. 

After a huge backlash from celebrities and Western governments alike, the sultan backpedaled this week , promising that the punishment will not be enforced. Brunei will, however, keep the law on its statute books, the Sultan added.

Before becoming an advocate for the strictest form of Islam, the 72-year-old sultan was once known for his lavish, liberal, and western lifestyle.

At one point the richest man on the planet, worth as much as $40 billion, his exploits included reportedly racing Ferraris at midnight through Brunei's capital, commissioning a 1,788 room palace, and spending $20,000 to get his hair cut.

Here's a look at the Sultan of Brunei's extravagant, fabulous life. 

Bolkiah was born on 15 July 1946, the son of Sultan Omar Ali Saifuddien III.

jefri bolkiah yacht

Sultan Omar Ali Saifuddien had 10 children, six daughters and four sons, with several wives, but chose Bolkiah to succeed him from an early age. 

The future sultan kept a low profile in his teens. He was home schooled and then sent to secondary school at The Victoria Institution, in Malaysia.

jefri bolkiah yacht

1965: After leaving school, Bolkiah married his cousin Pengiran Anak Saleha in an arranged marriage. He was 19.

jefri bolkiah yacht

The couple have had two sons and four daughters together. Bolkiah has four other children shared between his two other wives.

Bolkiah is the 29th sultan to come from the same family, one which was famous for marrying internally. 

In 1967, Bolkiah travelled to England to train at the UK's Royal Military Academy, in Sandhurst. While he was there, his father abdicated making him the new sultan.

jefri bolkiah yacht

Sultan Omar Ali Saifuddien III stepped down in protest against encroaching communism and also demands from Britain for Brunei to be more democratic. 

Bolkiah ascended to the throne upon on his return in August 1968.

jefri bolkiah yacht

Source: Dictionary of the Modern Politics of Southeast Asia

Despite becoming a married man and leader of the nation, Bolkiah did not let his nuptials get in the way of enjoying himself. He soon became famous the world over for spending his billion dollar fortune.

jefri bolkiah yacht

With his brother Prince Jefri, Bolkiah spent big in London's casinos and bought luxury cars, yachts, and hotels.

jefri bolkiah yacht

Jefri was notoriously bad with money, and said to be a bad influence on the newly appointed sultan.

Source: Vanity Fair

Bolkiah commissioned his own private zoo — which has 30 Bengal tigers. The sultan entertains world leaders who visit Brunei with shows at the zoo.

jefri bolkiah yacht

The zoo contains falcons, flamingos and cockatoos which can play basketball, ride bicycles, sing, talk, and imitate other animals, the sultan's zoo keeper told The Bangkok Post.

He also got the world's most successful ever golfer, Jack Nicklaus, to design a golf course for him at one of his hotels.

jefri bolkiah yacht

But as Bolkiah got older, and took the head of state role more seriously, he had to deal with Prince Jefri's insatiable appetite for luxury.

jefri bolkiah yacht

Jefri — who was finance minister for much of 1980s and 1990s — spent tens of billions of dollars of the crown estate's money funding an even more lavish lifestyle than his brother.

He was sacked as a minister by the sultan in 1997, who accused him of embezzling as much as $16 billion.

Jefri's 150-foot yacht, called "Tits," was also seized by the the sultan.

The two small boats used to ferry people to and from it were called "Nipple 1" and "Nipple 2."

Prince Jefri's remaining assets were sold off by the crown in a 2001 auction. CNN reported it took six days to sell off over 10,000 items

The auction included, CNN said, one eight-foot bronze Trojan horse, several jacuzzi covered in gold plate, several statues of flamingos, a Comanche helicopter simulator, a plane, and an F1 race car.

In 1981, Bolkiah got married again to a non-royal flight attendant Mariam. The pair were married until 2003.

jefri bolkiah yacht

Source: Sydney Morning Herald

In 1984, Brunei gained formal independence from the UK, and Bolkiah wanted to mark the occasion like never before.

jefri bolkiah yacht

To celebrate, he commissioned a $600 million palace, known as "Istana Nurul Iman." It included a garage with space for 800 cars.

jefri bolkiah yacht

The 1,778-room palace covers an estimated 2.2 million square feet (50 acres) and was designed by architect Leandro Locsin.

Source: The Associated Press

The palace was named as the "world's largest residential palace" by Guinness World Records. It boasts 57 bathrooms and a huge, lavish throne room.

jefri bolkiah yacht

Source: Guinness World Records

Around the same time, Bolkiah paid $70 million for this oil painting: "Young Girls at the Piano" by French Impressionist Pierre-Auguste Renoir.

jefri bolkiah yacht

The Sultan was often drawn into controversies surrounding his brother's excessive lifestyle. During the 1980s and 1990s Prince Jefri reportedly oversaw a harem of 40 young women.

jefri bolkiah yacht

In the book "Some Girls: My Life in a Harem," American woman Jillian Lauren said Prince Jefri recruited her for his harem when she was 18 and living in New York. 

She alleged that the Sultan, a married man, slept with women from the harem.

In 2014, Lauren told CNN : "I am a witness to the fact that the sultan was drinking, was committing adultery, was not exactly living on the straight and narrow."

The Brunei government have dismissed Lauren's claims, saying in a statement to CNN : "We vehemently deny the allegations."

In 1998, former Miss USA Shannon Marketic attempted to sue Bolkiah and Prince Jefri.

jefri bolkiah yacht

Marketic alleged she was forced to spend a month in the harem in dehumanizing conditions.

According to CNN, both brothers denied the allegations, with Bolkiah claiming he had never even met Marketic.

The case was dropped when courts "granted the brothers immunity from legal action, owing to their joint status as a foreign head of state," CNN said.

The Sultan is perhaps most famous for his love of lavish automobiles.

jefri bolkiah yacht

Bolkiah has 500 Rolls-Royces, and shares a collection of over 5,000 cars with Prince Jefri. When they were younger, the pair reportedly raced Ferrari super cars through Brunei's capital Bandar Seri Begawan in the middle of the night.

jefri bolkiah yacht

During the 1990s, the Sultan's family reportedly accounted for almost half of all Rolls-Royce purchases in the world.

He was awarded the Guinness World Record for the largest Rolls Royce collection in 2011. 

Bolkiah owns many more cars with a combined worth of $4 billion, including the 500 Rolls-Royces.

The collection includes a Lamborghini Murcielago LP640, Bentley Continental R, Ferrari Mythos concept car, both of the Ferrari 456 GT Sedans, the only right-hand drive Mercedes-Benz CLK-GTR in the world, and five McLaren F1s.

Source: Gizmodo , Vanity Fair 

The Sultan's gold royal wedding Rolls-Royce is one of a kind, with an open top and platform for an umbrella bearer.

jefri bolkiah yacht

In February of 1997 Bolkiah became Brunei's finance minister, after he sacked Prince Jefri for allegedly embezzling state funds.

jefri bolkiah yacht

Thanks to Brunei's huge oil reserves, Bolkiah was the richest man in the world from the mid 1980s until the 1990s. He lost his crown to Microsoft founder Bill Gates late in the 90s.

jefri bolkiah yacht

Source: The Independent

Bolkiah divorced his second wife in 2003, and became furious and humiliated when reports emerged she had been tricked out of $2.7 million by a fortune teller.

jefri bolkiah yacht

Source: The Times

In 2005, the Sultan married his third wife, Malaysian TV anchor Azrinaz Mazhar Hakim. She was 33 years his junior. They divorced in 2010.

jefri bolkiah yacht

Bolkiah did not lose his penchant for excess even as he aged. He still often spends $20,000 for a single haircut.

jefri bolkiah yacht

The Times reported that Bolkiah flies out his favourite barber from London, where he works at the Dorchester hotel in Mayfair.

"He goes regularly, sometimes every three or four weeks. The sultan flies him first-class at a cost of about $12,000."

"Everything is paid for. Hotel, luxury food. It's a case of 'just keep signing, that's all'."

The barber is then given an envelope with thousands of dollars in, the Times said.

The Sultan also bought himself his own Boeing 747.

jefri bolkiah yacht

It cost at least $400 million, and was kitted out with $120 million worth of accessories, like solid gold wash basins.

He reportedly gave his daughter an Airbus A340 for her birthday. 

Source: Daily Mail

A 1999 FORTUNE profile of the Sultan documented this stay in a US hotel ...

jefri bolkiah yacht

Richard Behar wrote for FORTUNE magazine:

"Records from one North American hotel in 1995 show the Sultan's party using more than 100 rooms in four days, racking up a bill that topped $1 million." "Generally, the royals rent entire floors of hotels and don't venture downstairs until checkout day."

Bolkiah hit the headlines in April 2019, when Brunei announced that it would now punish homosexuality with death by stoning as part of a new penal code based on Shariah law first proposed in 2014.

jefri bolkiah yacht

Source: INSIDER

But, the news went viral. And a boycott on nine luxury hotels owned by Brunei was endorsed by celebrities and politicians in the west.

jefri bolkiah yacht

Source: Business Insider

In response, Brunei asked people to respect its decision, and said the law was just meant as a deterrent.

jefri bolkiah yacht

Brunei hit back — calling for "respect" from the international community.

The tiny Muslim nation said the new laws are meant to prevent rather than punish, and to safeguard family values, and admitted they will be very hard to enforce.

But on May 5 under immense international pressure, Bolkiah announced the punishment would never be enforced.

jefri bolkiah yacht

In a televised speech, the sultan said Allah would never hand down laws meant to inflict cruelty on others.

George Clooney, probably the most vocal celebrity voice against the law, said people need to keep up the boycott despite the assurances.

"This is a huge step forward after a giant leap backwards," he said. "As soon as the pressure dies down they could simply start the process of carrying out executions."

"So in reference to the boycott everyone should do what they feel is correct. For my family and me we simply can't walk away until this draconian law is no longer on the books."

Source: Reuters, Deadline

Follow INSIDER on Facebook .

jefri bolkiah yacht

  • Main content

The Sultan of Brunei's salacious family secret

Jillian Lauren, was one of many women kept in a harem by Brunei's Prince Jefri. Photo / Channel 9

Brunei's Sultan Hassanal Bolkiah has a family secret: His sex-obsessed and profligate spending brother, Prince Jefri.

The playboy Prince Jefri Bolkiah led an exorbitantly lavish lifestyle, flying in planeloads of women who he entertained and showered with gifts.

The notoriously extravagant and wanton lifestyle past of Prince Jefri is in stark contrast to his older brother's stringent new laws, reports news.com.au .

The Sultan of the tiny sovereign gas and oil rich state has introduced a death penalty for gay sex.

Adulterers in the Muslim-majority sultanate blessed with a pleasant climate, excellent roads, golf courses and yacht clubs may now be stoned or whipped.

Convicted robbers face the cutting off of their right hand or left foot.

Prince Jefri Bolkiah, the brother of the Sultan of Brunei attends a parade in honor of Queen Elizabeth II's birthday. Photo / Getty Images

However, the sultan's brother Prince Jefri once allegedly kept a paid harem of up to 40 women, and was accused of embezzling $14.8 billion.

He entertained women on his luxury yacht called "Tits" which had lifeboat tenders named "Nipple 1" and "Nipple 2".

Until his assets were frozen in 2000, Jefri "has probably gone through more cash than any other human being on earth", Vanity Fair reported.

At one point the diminutive prince, whose full name is Jefri Bolkiah ibni Al-Marhum Sultan Haji Omar Ali Saifuddien Sa'adul Khairi Waddien, allegedly spent $50m a month.

He bought colossal diamonds for his numerous consorts and collected 2300 luxury cars, including Ferraris, Rolls Royces and Bentleys.

One girlfriend later auctioned off the necklace given to her by the prince for $100,000.

Jillian Lauren was 18 years old when Jefri wooed her to Brunei. Photo / Channel 9

He paid $7 million for a rug woven of gold thread and embroidered with jewels.

Jefri owned a helicopter and eight airplanes including a private Boeing 747, and bought paintings by Renoir, Manet and Degas.

Through his 200 companies, he bought more than 500 properties including a collection of five-star hotels.

He owned the New York Palace, Los Angeles' Hotel Bel-Air, the Plaza Athénée in Paris and bought London's former Playboy Club for $34 million, more than four times its market value.

In 2010, American woman Jillian Lauren published a book about her former experiences as Prince Jefri's "number two girlfriend".

In Some Girls: My Life in a Harem , she said the prince paid for young attractive women for short-term hires of three weeks, and others for stays of up to a year or more.

She wrote that Jefri, who liked to be called "Robin", housed the women in luxury digs in the grounds of Brunei's royal estate and paid them around $2000 a week.

Prince Jefri flew in planeloads of women to the royal palace. Photo / Getty Images

The palace is located among the leafy, riverside hills on the banks of the Brunei River, a few kilometres southwest of Bandar Seri Begawan, Brunei's capital city.

The women, who were also given jewellery, were required to attend Prince Jefri's parties where he entertained his male friends.

The prince would ultimately depart the function with one particular girl of his choice.

The harem allegedly included a Penthouse Pet of the Year, and a TV actress.

Now aged 64, for his 50th birthday in 2004 Prince Jefri paid Michael Jackson $17m to perform at a custom-built stadium.

He commissioned artist J. Seward Johnson to create an $800,000 sexually explicit statue.

After buying Asprey, London jeweller to the Queen for $385m, he commissioned erotic fountain pens and jewel encrusted watches depicting couples having sex, each worth $1.3m.

Jefri is married to three wives, divorced from two others and has eighteen children, aged around 15 to 47.

He once imported US grid iron stars Joe Montana and Herschel Walker, who he paid at least $1m each, to teach one of his sons football.

Jefri also paid $1.5 million for a badminton coach.

The finance minister of his oil-rich country from 1986 to 1998, Jefri also was chairman of the Brunei Investment Agency.

The BIA invested much of the country's wealth, but after the Asian Financial Crisis in 1997 was audited by the Brunei Government resulting in allegations Jefri had embezzled $14.8b.

The Prince of Wales (left) is accompanied by His Majesty Hassanal Bolkiah, The Sultan of Brunei at the Istana Nurul Iman, in Brunei. Photo / Getty Images

He denied the charges, but in 2000 agreed to relinquish his assets and avoided prosecution.

Following the audit of his spending, Jefri was forced to surrender five diamonds worth $200 million.

He also gave up his cars, aircraft, 100 paintings, five boats and thousands of other possessions.

Legal issues forced Prince Jefri from Brunei, and litigation in the British High Court resulted in a warrant being issued for alleged contempt of court.

However, since 2009, his 72-year-old older brother, His Royal Highness the Sultan, who also has multiple wives, has forgiven Jefri.

The prince has been allowed to return to Brunei and has made public appearances with members of the royal family.

The Sultan of Brunei Hassanal Bolkiah offers a prayer in 2000 with two of his wives at a royal birthday investiture in Nurul Iman Palace. Photo / AP

The righteous sultan introduced stringent new sharia laws this week which decree that women who have an abortion or give birth outside of marriage should face prison.

His new penal code also punishes Muslims caught drinking alcohol with whipping.

Even minor infractions can now result in heavy fines and jail sentences.

Unrighteous acts such as adultery or sodomy could warrant amputation of limbs or stoning to death.

Brunei, which comprises 5765 square kilometres on the island of Borneo and around 500ksq more of South China Sea coastline and border territory with Malaysia, has 118 mosques.

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The Brunei royal family: The Sultan, his brother and an £8 billion family feud

It began when the fabulously wealthy ruler of a tiny sultanate accused his sibling - and finance minister -of embezzlement. now the case has been dropped, amid legal costs estimated in the millions. but is this the end of the story david usborne reports, article bookmarked.

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In the annals of fraternal feuds, surely none has matched the one that has played out for almost a decade between the Sultan of Brunei and his younger brother, Prince Jefri. It has been a legal battle over dollars - billions of them. Now, however, with the elder of the two throwing in the towel, it might at last be over.

Until last week, Jefri, 51, faced possible imprisonment because of his brother's continuing legal action against him. The man they call the Playboy Prince, whose taste in luxuries once ran to a gem-studded watch that revealed a copulating couple on the hour and a yacht named Tits, is free and clear. Instead of a prison cell, he can relax in any one of his grandiose homes in London, New York and Paris.

Word of the sudden cessation of hostilities surfaced yesterday. According to representatives of both sides, the Sultan, who was himself once listed as the world's wealthiest person, agreed last week to drop action against Jefri in London's High Court and pay legal fees of a million pounds. The Sultan is still not talking to his younger sibling - and hasn't for two years - but his legal onslaught has been called off.

For Brunei, a tiny but oil- and gas-rich sultanate of just 350,000 people on the northern edge of the island of Borneo, and for its ruling royal family, which has close ties to the British Royals and to the owner of Harrods, Mohamed al-Fayed, this must be good news indeed. Maybe at last, the humiliating public washing of their dollars-drenched laundry will be brought to an end.

Before the start of this family unpleasantness, all that we knew of the brothers and their extended clans was that they were fabulously rich, thanks to their nation's energy resources.

Sultan Hassanal Bolkiah, who is now 59, not only topped the world's most-wealthy lists, but he showed little restraint in flaunting his fortune to the rest of the world. Brunei had the reputation as some kind of gold-encrusted fantasy land.

You only had to visit the place to see the evidence. The Sultan had - and still has - a palace with plenty of space for guests. More specifically, the royal residence has no fewer than 1,788 rooms and corridors of gilt and marble. He had built mosques to rival any in the world, with minarets adorned in gold, pillars of Italian marble and welcome signs on their gates that were decorated with diamonds.

It is alleged that in the mid-90s Brunei's ruling family accounted for 50 per cent of all Rolls-Royce sales worldwide. (When it comes to cars, we were later to learn, no one could match Jefri for extravagant tastes.) They built one of the world's most extravagant theme parks for the citizenry of Brunei, charging £5 a ticket. In 1996, the Sultan hired Michael Jackson to serenade him at his 50th birthday party.

In the meantime, Jefri was starting his second decade as the sultanate's finance minister. His most important task was looking after the torrents of oil and gas money on behalf of the state body called the Brunei Investment Authority (BIA). His task was to find safe harbours for the cash around the world. He channelled much of it through his own investment company, Amedeo - apparently named after the painter Amedeo Modigliani, many of whose paintings were in Jefri's private collection. Amedeo was run by his son, Hakkim, who held the title of managing director.

Over time, Brunei accumulated a quite fantastic portfolio of assets around the globe, a few held in the name of the Sultan himself, such as the Dorchester Hotel in London, and many more controlled by Jefri through Amedeo. His purchases included an office tower in the City of London, Asprey jewellers on Bond Street, Cunard House on the Embankment, the former Playboy Club in Mayfair and the Palace Hotel in Manhattan. There were other sprawling properties as far afield as Paris and Las Vegas.

Simultaneously, Jefri was buying additional trinkets fitting for his tycoon lifestyle. Indeed, it was alleged that he spent in the region of $1.5bn on himself over 10 years. His playthings included some 2000 cars, comprising the very latest Ferrari, Rolls-Royce and Aston Martin models, 17 aircraft, including one attack Comanche helicopter, and the infamous SS Tits. Even his toilet brushes came in gold plate.

The yacht, custom-built for Jefri in a Netherlands boatyard, measured 180 feet. It had 24-carat gold fittings, marble embellishments and lifts that connected the multiple decks. If the name Tits seemed not to be in the best possible taste, consider the names of the two speed boats that came with the yacht - Nipple I and Nipple II. And while Jefri was responsible for no fewer than four wives and 35 children, some adopted, there was rampant gossip about the other women he joyously entertained.

Jefri's gallivanting first started to go sour in the mid-90s when he suddenly became the target of gravely unflattering tabloid headlines at the hands of a group of American beauty queens, including a former Miss USA, who sued him, claiming they had been subjected to sexual abuse from his friends while guests at the Royal Palace in Brunei. Immediately named the "Randy Royal", he only escaped prosecution in the US because of his diplomatic immunity.

But the unravelling had only just begun. No sooner was the beauty-queen scandal settled when Amedeo, hurt by the 1997 economic crisis in Asia, abruptly collapsed, forcing a bailout by the government of Brunei.

With the implosion of Amedeo, Jefri was fired as finance minister, a post he had by then held for 13 years, by his brother, the Sultan. But, as brotherly resentment simmered, worse was still to come. In 2000, the Sultan sued his younger sibling in London, accusing him effectively of embezzling £8bn from the BIA for the sole purpose of supporting his lavish, playboy lifestyle.

At first, it seemed that the legal engagement between the two men would be quickly laid to rest. In an out-of-court settlement, Jefri agreed to hand over assets worth £3bn to BIA, including hotels, aircraft and the infamous yacht and speed boats. He agreed to raise additional cash through an auction of some of his most prized personal goodies, ranging from 16,000 tons of Italian marble to a pair of sparkling Mercedes Benz fire engines.

Held in London in 2001 by Smith Hodgkinson, the auction was instantly called "The Sale of the Century" by newspapers. Potential bidders had to pay £300 simply to attend.

The 60-page catalogue listed no fewer than 10,000 lots, all of which had been crammed into 21 different warehouses.

To complete the humbling of Jefri, Brunei agreed to give him a monthly allowance of just under £200,000, ignoring his pleas for more. (How could he support his wives, children and still expansive transport fleet on such a measly sum, he demanded to know?) And so, the whole nasty affair was over.

Or at least it should have been. But here was the odd thing: even denuded of his many former assets and constrained by his monthly allowance, Jefri still managed to live a life of considerable opulence. How? That was the question being asked by his brother, the Sultan, who later went back to the High Court demanding that Jefri reveal the sources of income or face prison time. Lord Justice Waller apparently agreed that the scale of Jefri's lifestyle following the 2001 auction ruled out the possibility that he was simply gaining additional support from wealthy relatives and supporters, unless, he declared "the prince had won the lottery or had had some good evenings in the casino".

At first Jefri and his lawyers tried to halt the action, saying any effort to unveil the secrets of his continuing wealth would have amounted to a violation of his rights under the European Human Rights Convention. It was a strategy that the court flatly rejected, however. Jefri still refused to budge and the prospect of prison loomed ever larger. Until last week, that was.

Just why the Sultan has chosen to back off now is not clear. If they are still not talking to one another, a sudden return of sibling sentimentality would not seem to explain it. Perhaps the Sultan has simply concluded that he has better things to do, like running a country. Brunei stands out as an economic paradise among its Asian neighbours. It has a relatively healthy and wealthy population with a 92 per cent literacy rate and life expectancy of 78 for women and 75 for men, far above other countries in the region. It boasts no income tax, free health care, education and pensions.

But there are clouds on Brunei's horizon, not least forecasts that its energy gas reserves will be gone in about two decades. Meanwhile human rights activists continue to question the near-feudal rule exercised by the Sultan and the state of emergency in place since British troops put down a rebellion in 1962.

Most likely, however, the Sultan is tired of the garish and embarrassing headlines generated by his feud with Jefri, about bog brushes, porno watches and profligacy on a scale the world has rarely seen.

Prince Jefri and the 'sale of the century'

When Prince Jefri Bolkiah was forced to auction off an estimated £32m worth of assets during his seven-year High Court feud with his brother, it was christened, perhaps inevitably, the "sale of the century". In August 2001, more than 1,000 people arrived to bid for the 10,000 items, piled in 21 warehouses.

Lots included 8,500 slabs of Italian marble, 200 wrought-iron Victorian lamp posts, rooms full of Baccarat crystal and Limoges porcelain, and hundreds of Louis XIV-style sofas and chairs. Also up for grabs was a flight simulator for an Airbus A340 airliner, a Comanche attack helicopter simulator, and a Formula One racing simulator.

On a more prosaic note, there were two brand-new Mercedes fire engines and hundreds of matching gold- plated toilet brushes and other bathroom accessories.

There were also 3,000 items of crockery, many made by Asprey, which Prince Jefri once owned, two grand pianos, three automatic tennis ball servers and a recording studio. The factory where the auction was held was also for sale as were the chairs on which the bidders sat.

Jerome Taylor

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A Whopper of an Auction to Pay Off Prince's Creditors in Brunei

By Thomas Fuller, International Herald Tribune

  • Aug. 8, 2001

BANDAR SERI BEGAWAN, Brunei— In what is perhaps the final insult for a royal family plagued by financial scandal, liquidators here are preparing for a six-day auction of chandeliers, hot tubs, gold-plated light fixtures and thousands of crockery sets — all ordered but never used by a now disgraced prince and his business partners.

The auction, which is scheduled to begin Saturday and includes more than 8,000 lots, will help pay back the creditors of a failed construction company owned by the prince, Jefri Bolkiah, in a financial calamity that has dragged down the economy of this tiny oil sultanate on the northern coast of Borneo.

The irony of the auction is not lost on residents here: Brunei, home to one of the richest families in the world, is selling crockery to pay its debts.

Court documents released last year revealed that Prince Jefri had personally spent an average of $747,000 per day over a period of 10 years, for a total of $2.725 billion

It may never emerge in this secretive sultanate exactly what he bought for that money — as well as what he did with the billions of dollars of public funds he has been charged with misappropriating — but the auction has already provided a small window into a lavish lifestyle of unaccountability.

Listed in the catalogue are what appear to be some very expensive adult toys: an Airbus A340 flight simulator, a Comanche attack helicopter simulator and a Formula 1 simulator.

Then there are the 21 warehouses filled with more mundane luxury goods and furnishings. Brunei residents have been encouraged to visit the warehouses to rummage through dusty piles of boxes and crates filled with everything from grand pianos to paintings and Jacuzzis. There is an entire storeroom dedicated to chandeliers. A warehouse next door is filled with gym equipment.

"This is unbelievable," said Erin Anderson, a travel agent scouring a room filled with furniture and light fixtures. "It's like a giant garage sale. There's some beautiful stuff and some real rubbish."

The auction is being carried out by Smith Hodgkinson, a British firm called in several months ago to label and organize the 21 warehouses. "It's not the biggest auction we've done," said Neil Duckworth, a partner in Smith Hodgkinson, "but it's probably the most eclectic."

Included in the catalogue are more than 3,000 lots of crockery, silver trays, bowls and tumblers made by Asprey, the London jeweler that until three years ago was owned by Prince Jefri. Many of the furnishings and crockery were intended for palaces around Brunei and hotels developed by the prince's former company, Amedeo Development Corp.

Organizers of the auction do not rule out the possibility that the entire inventory could be sold privately before Saturday — if the price is right. Advertisements in local newspapers caution that the auction is scheduled to take place from Aug. 11 to 16 "unless previously sold." Canceling the public sale would be a disappointment to the thousands of Bruneians who have come to Bandar Seri Begawan to bid on the items.

Potential buyers of individual items have already put down deposits of 1,000 Brunei dollars ($560) each, which are refundable if no purchase is made. With no minimum price to begin the bargaining, bidders said they were planning to try their luck with lowball bids.

Lily Yong, a Bruneian who owns a lingerie shop, said that she was considering putting in a bid for one of the 20 television sets still in their original packaging.

"But $50 is too much," she said. "What if it doesn't work?"

By selling everything from silver ice buckets to thousands of tons of precious teak — symbols of the go-go days of economic excess — the government and royal family hope to bury the legacy of billion-dollar embarrassments and white elephants scattered throughout the country.

During the roaring '90s, the country seemed to be in a perpetual state of construction, with many of the projects supervised by Prince Jefri's company.

The scandal surrounding the prince, who was once finance minister and is accused by the government of misappropriating $15 billion in public money, has scarred the country and punctured its economy. Although oil prices remain relatively high, banks are laying off workers and stores are closing down.

The government has spent a good part of the past year selling the prince's assets, including his massive yacht and choice properties in London and other world capitals.

Prince Jefri, the younger brother of Sultan Muda Hassanal Bolkiah, now divides his time between London and Paris. As part of an out-of-court settlement with the government last year, the prince agreed to relinquish his assets and received a $300,000-a-month allowance

In April, liquidators auctioned off 40 cars owned by the prince's former company. They included a Bentley, a Jaguar, a Porsche and several BMW and Mercedes Benz models.

Other assets have been reshuffled. Prince Jefri once controlled a string of luxury hotels around the world: the Dorchester in London, the Plaza Athenee in Paris, the Beverly Hills and Bel-Air hotels in Los Angeles, and the Palace in New York.

Creditors have tried, and failed, to serve him with summonses in a multimillion-dollar civil action.

Rather than clarifying the finances of the sultanate, the asset sales and auctions have served to underline the fact that no one seems to know what is owned by the government and what is owned by the royal family in Brunei. With only very limited financial disclosure, the lines between the privy purse and public purse are at best blurred.

The country's normally restrained newspapers, which have been given virtually free rein to report on the excesses of the wayward prince, run banner headlines asking who owns million-dollar power plants and water treatment plants.

"Whose $90 million project is this?" was the headline of the News Express on Monday, referring to an unfinished series of water treatment plants. In a barometer of the financial opacity in Brunei, the answer is not officially known.

Of course, for the people who have visited the warehouses this week, larger financial issues were not the chief concern.

Families perspired in the stuffy warehouses, digging through crates marked "Made in Italy" and past rows of bidets and gold-plated hotel fixtures.

No matter how frivolous the purchases, buyers are advised to have their assets in order come Saturday. Unlike the uncertain finances of Brunei's national accounts, the rules of the auction are abundantly clear: immediate payment — and no credit cards.

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Why boycotts against Brunei’s new anti-gay laws won’t be effective, but regional pressure might

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Professor of Human Rights Law, Monash University

Disclosure statement

Paula Gerber is a Director of Kaleidoscope Human Rights Foundation, a not-for-profit organisation working to advance the human rights of LGBTI people in the Asia Pacific region.

Monash University provides funding as a founding partner of The Conversation AU.

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The sultan of Brunei has been on the throne for 52 years, making him the second-longest reigning monarch in the world, after Queen Elizabeth II.

Until recently the sultan appeared more interested in living a decadent life, rather than a pious one. In 2011, Vanity Fair dubbed Sultan Hassanal Bolkiah and his brother, Prince Jefri Bolkiah, “constant companions in hedonism”. They spent lavishly on luxury cars, yachts and real estate, and according to the magazine:

…allegedly sent emissaries to comb the globe for the sexiest women they could find in order to create a harem the likes of which the world had never known.

Now, the sultan has introduced Sharia law in his country and taken aim at LGBT people, women and even children with some of the harshest penalties in the world for gay sex and adultery (death by stoning) and having an abortion (public flogging). In an apparent effort to eradicate transgender identity, dressing in attire associated with a different sex is also punishable with a fine and imprisonment up to three months. An adolescent who has reached puberty can be punished as an adult for these offences, while younger children can be whipped.

Read more: Explainer: what is 'sharia law'? And does it fit with Western law?

Needless to say, these laws amount to serious breaches of international laws relating to human rights, women’s rights and children’s rights.

Diversion from economic woes

The big question is why the sultan would do this. One religious scholar observed :

This is obviously not coming from a place of religious devotion, since the sultan himself is in violation of every single rule of Sharia law you could possibly imagine.

One of the main reasons may be that plunging oil prices mean that, for the first time, the tiny, oil-rich nation of Brunei (population 430,000) is grappling with an economic crisis .

Other leaders faced with similar crises or corruption allegations have whipped up hatred against LGBT people in a similar way to distract the public’s attention. This tactic was used by Gambian President Yahya Jammeh in 2014, when he enacted a law that created a new offence of “ aggravated homosexuality ” that carried a life sentence.

The sultan may also be seeking to rehabilitate his reputation as a “party boy”, perhaps believing that introducing Sharia law could enable him to leave a religious legacy that will outweigh the decades of excesses that he and his family have indulged in.

Why boycotts don’t work

The international community has been swift in its condemnation of Brunei’s new laws. Many outraged celebrities and gay rights activists have organised boycotts and protests outside hotels owned by the sultan (including the Royal on the Park in Brisbane) and Royal Brunei Airlines .

But are such boycotts effective? The short answer is no . We should be wary of boycotts for several reasons, including:

  • they can cause the government to harden its position to show it will not give in to foreign pressure, making the repeal of such laws even harder to achieve;
  • the LGBT community can be subjected to a vicious backlash, blamed for bringing economic pressure and shame on the country; and
  • it can be seen as hypocritical since there are other countries that impose the death penalty for homosexual conduct (Afghanistan, Iran, Mauritania, Pakistan, Qatar, Saudi Arabia, Sudan, United Arab Emirates, Yemen and parts of Nigeria and Somalia) and are not subjected to similar international condemnation.

What can concerned global citizens do?

In Australia, for one, people can put pressure on the government to respond strongly to Brunei, a key regional defence and security partner . As I noted in 2013 , when these laws were passed but not yet implemented, Australia has a strong trading relationship with Brunei, which may give it leverage to have some influence.

So far, however, the response from Australia has been muted. Foreign Affairs Minister Marise Payne said in a tweet that Australia has raised its “concerns” with Brunei over the new laws, but she has otherwise been silent on the issue. Prime Minister Scott Morrison has not spoken out about the new laws.

International organisations can also put pressure on Brunei. For example, Brunei is a member of the Commonwealth of Nations, and this body may be able to engage in constructive dialogue with the sultan. The Commonwealth Heads of Government Meeting (CHOGM), which takes place in Rwanda next year, is a potential forum for such dialogue, not only with Brunei, but also with the other 35 Commonwealth countries that also still criminalise consensual same-sex sexual conduct .

If negotiations with Brunei are unsuccessful, the Commonwealth can also suspend a country’s membership – a step it has previously taken in response to grave breaches of human rights in Fiji , Nigeria, Pakistan and Zimbabwe.

Read more: Should the west be held accountable for gay persecution?

It would be particularly helpful if the Association of South East Asian Nations (ASEAN) took a hard line against Brunei (a member state), but this is unlikely. Although ASEAN adopted a Human Rights Declaration in 2012, it did not prohibit discrimination on the basis of sexual orientation and gender identity and contains numerous “ weasel words ” that significantly dilute its impact.

The ASEAN Civil Society Organisations has urged ASEAN member states to call on Brunei to immediately halt the implementation of Sharia law, saying:

By adopting conservative views of morality and excessive punishments, Brunei essentially legitimises violence.

But this is likely to fall on deaf ears.

The United Nations also has a role to play. Brunei’s human rights record will be reviewed by the UN Human Rights Council (HRC) next month and this provides another opportunity for constructive dialogue. Although the HRC is often perceived as a toothless organisation, research has shown that if a state is criticised by one of its strategic partners, it is more likely to accept that criticism than if it comes from a state with fewer ties.

Could other countries follow suit?

There are concerns that Brunei’s actions will embolden its Muslim-majority neighbours, Malaysia and Indonesia, to follow suit .

Gay sex is not against the law in Indonesia, with the exception of Aceh province, which has instituted Sharia law. Although homophobia and transphobia have been on the rise and there was talk of criminalising gay sex ahead of this month’s elections, it still seems unlikely that Sharia law will be adopted throughout the country. The vast majority of Indonesians – 88% of the population – continue to consider themselves moderate Muslims.

Read more: Michael Kirby: the rainbow in Asia and the fight for gay rights in our region

Malaysia similarly has some states that apply Sharia law. Last September, two women were found guilty of attempting to have sex in the conservative northeastern state of Terengganu, and were sentenced to be caned six times each. Though Sharia law could potentially spread across the country, Malaysia is one of few countries in the region where democracy is getting better, not worse .

It is worth observing that Brunei has not used the death penalty since 1957. An optimist could conclude that the introduction of these new laws is mostly symbolic and designed to beef up the sultan’s Islamic credentials and garner favour with other Islamic countries to boost trade and tourism.

But that does not diminish the legitimate concern the world is expressing for the vulnerable minorities targeted by these laws.

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COMMENTS

  1. Iconic yachts: Inside the build of 162m superyacht Dubai

    The creation of the iconic yacht Dubai was far from straightforward, with the build changing hands three times. Dubai was the largest yacht in the world by volume at the time of her build, with a gross tonnage of 12,488GT. She was originally intended for one royal family but went on to be used by another royal entirely. Commissioned by the Sultan of Brunei's brother, Prince Jefri Bolkiah ...

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  4. Prince Jefri Bolkiah

    Jefri Bolkiah ibni Omar Ali Saifuddien III [1] (born 6 November 1954) [2] is a member of the Bruneian royal family. ... London, [8] businesses such as the luxury goods manufacturer Asprey, and a yacht named Tits (which came with tenders named Nipple 1 and Nipple 2). [10] ...

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  6. 162.0m Dubai Superyacht

    The construction of this megayacht began for Prince Jefri Bolkiah of Brunei more than 10 years before the yacht's launch. The construction, then a joint project between Blohm + Voss and Lurssen shipyards, was halted until 2001 when the hull was acquired by Platinum Yachts for His Highness Sheik Mohammed Rashid al-Maktoum.

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    Mega Yacht The Dubai. With an estimated price of around $350 million, the Dubai mega yacht has gone under three different name changes since its launch: Platinum, Panhandle and Golden Star. Originally constructed for Brunei Prince Jefri Bolkiah, the Dubai is now under the ownership of Sheik Mohammed Rashid Al Maktoum of the United Arab Emirates.

  9. Dubai (yacht)

    The yacht was initially built for Prince Jefri Bolkiah of Brunei before 1996, but the client stopped the purchase contract the next year. [5] In 2001, she went to the current owner, Mohammed bin Rashid Al Maktoum. [6] The yacht was designed by Andrew Winch, with interior design by Platinum Yachts.

  10. 2: Dubai

    Prince Jefri Bolkiah, the Sultan of Brunei's younger brother, ordered this yacht in 1996. Blohm + Voss and Lürssen began construction in earnest until the Sultan ordered construction stopped. It is said that the ruler of Brunei had set limits to the 12,488-GT yacht's construction budget, and that cost overruns did not meet his approval.

  11. Setback for flush prince of Brunei

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  12. Sultan of Brunei: Everything We Know About His Lavish Life

    Chandeliers belonging to Prince Jefri Bolkiah of Brunei are auctioned off to pay for some of his debts. August 27,1997. ... Jefri's 150-foot yacht, called "Tits," was also seized by the the sultan.

  13. Is the sultan of Brunei imposing Sharia law to clean up his family's

    Jefri also famously owned a giant luxury yacht he named "Tits" and two smaller vessels called "Nipple 1" and "Nipple 2." Vanity Fair described the brothers as "constant companions in ...

  14. The Sultan of Brunei's salacious family secret

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  15. The Brunei royal family: The Sultan, his brother and an £8

    The yacht, custom-built for Jefri in a Netherlands boatyard, measured 180 feet. ... When Prince Jefri Bolkiah was forced to auction off an estimated £32m worth of assets during his seven-year ...

  16. A Whopper of an Auction to Pay Off Prince's Creditors in Brunei

    The auction, which is scheduled to begin Saturday and includes more than 8,000 lots, will help pay back the creditors of a failed construction company owned by the prince, Jefri Bolkiah, in a ...

  17. Prostitution in Brunei

    In 1993, in a diplomatic affair dubbed the "Brunei beauties", Senator Ernesto Maceda, with testimony from Rosanna Roces, [4] claimed that there was illegal recruitment of Filipinas in Brunei as prostitutes and entertainers. [5] Prince Jefri, the brother of Sultan Hassanal Bolkiah was among those linked to the scandal, in which Ruffa Gutierrez, Vivian Velez, Lea Orosa, Aurora Sevilla, Sheila ...

  18. Profligate Prince Jefri

    Prince Jefri Bolkiah of Brunei--the tiny, oil-rich sultanate on the island of Borneo--has had his passport confiscated, his planes. ... and $500 million for a new yacht he named Tits. (Its two ...

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  20. Why boycotts against Brunei's new anti-gay laws won't be effective, but

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  21. Jefri Bolkiah

    Jefri Bolkiah (Brunei Town, 6 novembre 1954) è un principe e politico bruneiano. [1] [2] Fu ministro delle finanze del suo paese dal 1986 al 1998. [1] ... Las Vegas e St John's Lodge a Regent's Park a Londra, [6] aziende come il produttore di beni di lusso Asprey e uno yacht chiamato Tits ...

  22. Hassanal Bolkiah

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  23. Hassanal Bolkiah I of Brunei

    Hm Sultan Haji Hassanal Bolkiah; Statements. instance of. human. 1 reference. imported from Wikimedia project. Russian Wikipedia. image. Hassanal Bolkiah (48989161738).jpg 780 × 1,151; 385 KB. ... Prince Jefri Bolkiah of Brunei. 0 references. Prince Mohamed Bolkiah of Brunei. 0 references. Princess Masna of Brunei. 0 references. spouse. Queen ...