Khashoggi, Adnan (1935– )

Saudi entrepreneur and arms dealer who built up a large property company, Triad, based in Switzerland, and through ownership of banks, hotels, and real estate became a millionaire. In 1975 he was accused by the USA of receiving bribes to secure military contracts in Arab countries, and in 1986 he was financially disadvantaged by the slump in oil prices and political problems in Sudan. In April 1989 he was arrested in connection with illegal property deals. He successfully weathered all three setbacks, but reportedly ran into financial difficulties during the 1990s.