Khashoggi's early years were spent among some of Saudi Arabia's most influential figures. "While attending school he met
Hussein bin Talal, the future
King of Jordan. It was at school that Khashoggi first learned the commercial value of facilitating a deal, bringing together a Libyan classmate whose father wanted to import towels with an Egyptian classmate whose father manufactured towels, earning US$1,000 for the introduction. Khashoggi's subsequent education at university would serve as a launchpad for his commercial career." In one of his first big deals, a large construction company was experiencing difficulties with the trucks that it used on the shifting desert sands. Khashoggi, using money given to him by his father for a car, bought a number of
Kenworth trucks, whose wide wheels made traversing the desert considerably easier. Khashoggi made his first US$250,000 leasing the trucks to the construction company, and became the Saudi Arabia-based agent for Kenworth. A commercial pioneer, he established companies in Switzerland and Liechtenstein to handle his commissions as well as developing contacts with notables such as
CIA officers
James H. Critchfield and
Kim Roosevelt and United States businessman
Bebe Rebozo, a close associate of U.S. President
Richard Nixon. His yacht, the
Nabila, was the largest in the world at the time and was used in the
James Bond film
Never Say Never Again. to Prince
Al-Waleed bin Talal as part of a deal to keep his
Taj Mahal casino out of bankruptcy. Khashoggi gained influence with U.S. President Richard Nixon by donating US$200 million to his 1972 political campaign, through a friendly bank circumventing existing laws that prohibited such large sums from American corporations to political campaigns. Similar arrangements allowed Khashoggi to gain influence with important people throughout the world. Khashoggi headed a company called
Triad International Holding Company which among other things built the
Triad Center in
Salt Lake City, which later went bankrupt. He was famed as an arms dealer, brokering deals between US firms and the Saudi government, most actively in the 1960s and 1970s. In the documentary series
The Mayfair Set, Saudi author
Said Aburish states that one of Khashoggi's first deals was providing
David Stirling with weapons for a covert mission in Yemen during the
Aden Emergency in 1963. Among his overseas clients were
defense contractors Lockheed Corporation (now
Lockheed Martin Corporation),
Raytheon,
Grumman Aircraft Engineering Corporation and
Northrop Corporation (the last two of which have now merged into
Northrop Grumman).
Triad International Triad International is a multinational private investment corporation that was owned by Khashoggi. It was named "Triad" after the three brothers, Adnan, Essam and Adil. Its investments include many notable properties and businesses throughout the world. The company consisted of subsidiary companies, including Triad Management, Triad Properties, Triad Energy, Triad Technology, and Triad Financial resources. The global span of the businesses prompted the creation, by the Khashoggi family, of a board-game called
Triopoly which was modeled after the classic game of
Monopoly. The various game tiles represented properties and companies owned by Khashoggi and his Triad corporation. Triad International was formed in the early 1960s and as it grew spanned five continents. The company holdings included hotels, shopping centers, banks, oil refineries, a computer manufacturer, a gold mine, construction companies, car and truck franchises, and the
Utah Jazz, a professional basketball team. The company was headquartered in
Geneva,
Switzerland, with its subsidiary companies located in the United States, Canada and Saudi Arabia. Khashoggi, through Triad, owned the Mount Kenya Safari Club, known as
Ol Pejeta Conservancy, a several hundred acre reserve at the foot of
Mount Kenya, San Francisco Town Center East, US; a US$250 million property; Long Beach Edgington Oil a US$250 million per year oil refinery in the US; ATV computer systems, Santa Ana, Arizona, US; Colorado Land & Cattle company, Security National bank in Walnut Creek, California, US, Barrick gold mine in Toronto, Canada; Saudi Arabian Kenworth, Chrysler and Fiat car and truck dealerships; the National Gypsum company in Saudi Arabia, and Sahuaro Petroleum in Phoenix, Arizona, US. The company also had major financial interests in
Lloyd's of London; the Manera company; Las Brisas Resort in Acapulco, Mexico; the Houston Galleria; National car rental company; Pyramid Oasis in
Cairo, Egypt; Travel Lodge Australia; Pacific Harbor hotel in Fiji; Beirut Riyadh bank; and the bank of Contra Costa. Khashoggi's Triad real estate holdings included private residences in
Beirut;
Jeddah;
Riyadh;
Geneva;
Cairo;
Salt Lake City, Utah;
Cone Ranch, Florida; Rome; Paris;
Cannes; London; and a multi-floor penthouse in
Olympic Tower in New York. Khashoggi also owned several private jets, and super-yachts through Triad, including a
McDonnell Douglas DC-8 and
DC-9, three
Boeing 727s, and several smaller business jets and helicopters. His three super-yachts, the
Nabila, the
Mohammadia, and the
Khalidia, were named after his children, Nabila, Mohammed, and Khalid. == Geopolitical involvement ==