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Hala Ranch
The Hala Ranch is a estate located just north of Aspen, Colorado, originally purchased and given its name by Prince Bandar bin Sultan. The main house on the property was designed by the architectural firm of Hagman Yaw and built by Hansen Construction of Aspen, Colorado, in 1991. The estate has been ranked by Forbes magazine as the most expensive home in the United States, once listed at $135 million. John Paulson bought the ranch in 2007 for $49 million, according to the Wall Street Journal. The Saudi Prince purchased the land while he served as ambassador to the United States, and originally visited about three times a year. The Prince's visits, which were always announced to local officials for security reasons, became less frequent after the terrorist attacks on September 11, 2001, which were carried out mostly by Saudi nationals. in 2007, Prince Bandar bin Sultan sold the estate, after accepting a position as National Security Councillor in Saudi Arabia. The estate has its ...
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Estate (house)
An estate is a large parcel of land under single ownership, which generates income for its owner. British context In the United Kingdom, historically an estate comprises the houses, outbuildings, supporting farmland, tenanted buildings, and natural resources (such as woodland) that surround the gardens and grounds of a very large property, such as a country house, mansion, palace or castle. It is the modern term for a manor, but lacks a manor's now-abolished jurisdiction. Country house estate The "estate" formed an economic system where the profits from its produce and rents (of housing or agricultural land) sustained the main household, formerly known as the manor house. Thus, "the estate" may refer to all other cottages and villages in the same ownership as the mansion itself, covering more than one former manor. Examples of such great estates are Woburn Abbey in Bedfordshire, England, and Blenheim Palace, in Oxfordshire, England, built to replace the former manor hou ...
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Aspen, Colorado
Aspen is the List of municipalities in Colorado#Home rule municipality, home rule city that is the county seat and the List of municipalities in Colorado, most populous municipality of Pitkin County, Colorado, United States. The city population was 7,004 at the 2020 United States census. Aspen is in a remote area of the Rocky Mountains' Sawatch Range and Elk Mountains (Colorado), Elk Mountains, along the Roaring Fork River at an elevation just below on the Western Slope of Colorado, Western Slope, west of the Continental Divide. Aspen is now a part of the Glenwood Springs, CO Micropolitan Statistical Area. Founded as a mining camp during the Colorado Silver Boom and later named Aspen for the abundance of aspen trees in the area, the city boomtown, boomed during the 1880s, its first decade. The boom ended when the Panic of 1893 led to a collapse of the silver market. For the next half-century, known as "the quiet years", the population steadily declined, reaching a nadir of few ...
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Bandar Bin Sultan
Bandar bin Sultan Al Saud (; born 2 March 1949) is a member of the House of Saud, Saudi ruling family, a grandson of Ibn Saud, King Abdulaziz, military officer, and retired diplomat who served as Saudi Arabia's ambassador to the United States from 1983 to 2005. From 2005 to 2015, he served as National Security Council (Saudi Arabia), secretary general of the National Security Council and was director general of the Al Mukhabarat Al A'amah, Saudi Intelligence Agency from 2012 to 2014. From 2014 to 2015, he was Abdullah of Saudi Arabia, King Abdullah's special envoy. Early life Bandar was born officially on 2 March 1949 in Ta'if, Taif. By his own account, and according to Western think tanks, his actual date of birth is later. He had reportedly altered his birthday (overstated his age) to enter the Royal Saudi Air Force while a teen. Bandar's parents were Prince Sultan bin Abdulaziz and his Ethiopians, Ethiopian concubine Khiziran. Both of Bandar's parents were very young at the ...
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Forbes
''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The company is headquartered in Jersey City, New Jersey. Sherry Phillips is the current CEO of Forbes as of January 1, 2025. Published eight times per year, ''Forbes'' feature articles on finance, industry, investing, and marketing topics. It also reports on related subjects such as technology, communications, science, politics, and law. It has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is known for its lists and rankings, including its lists of the richest Americans (the Forbes 400, ''Forbes'' 400), of 30 notable people under the age of 30 (the Forbes 30 Under 30, ''Forbes'' 30 under 30), of America's wealthiest celebrities, of the world's top companies (the Fo ...
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John Paulson
John Alfred Paulson (born December 14, 1955) is an American billionaire hedge fund manager. He leads Paulson & Co., a New York–based investment management firm he founded in 1994. He has been called "one of the most prominent names in high finance". He acquired much of his fortune in 2007 when he earned almost $4 billion and was transformed "from an obscure money manager into a financial legend""John Paulson's Very Bad Year"
By Sheelah Kolhatkar, businessweek.com, June 28, 2012
by using credit default swaps to effectively bet against the
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The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries by area, fifth-largest country in Asia, the largest in the Middle East, and the List of countries and dependencies by area, 12th-largest in the world. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Bahrain, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to Saudi Arabia–Yemen border, the south. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of Geography of Saudi Arabia, its terrain consists of Arabian Desert, arid desert, lowland, steppe, and List of mountains in Saudi Arabia, mountains. The capital and List of cities ...
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Sewage Treatment
Sewage treatment is a type of wastewater treatment which aims to remove contaminants from sewage to produce an effluent that is suitable to discharge to the surrounding environment or an intended reuse application, thereby preventing water pollution from raw sewage discharges. Sewage contains wastewater from households and businesses and possibly pre-treated Industrial wastewater treatment, industrial wastewater. There are a large number of sewage treatment processes to choose from. These can range from Decentralized wastewater system, decentralized systems (including on-site treatment systems) to large centralized systems involving a network of pipes and pump stations (called sewerage) which convey the sewage to a treatment plant. For cities that have a combined sewer, the sewers will also carry urban runoff (stormwater) to the sewage treatment plant. Sewage treatment often involves two main stages, called primary and secondary treatment, while advanced treatment also incorpo ...
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White House
The White House is the official residence and workplace of the president of the United States. Located at 1600 Pennsylvania Avenue Northwest (Washington, D.C.), NW in Washington, D.C., it has served as the residence of every U.S. president since John Adams in 1800 when the national capital was moved from Philadelphia. "The White House" is also used as a metonymy, metonym to refer to the Executive Office of the President of the United States. The residence was designed by Irish-born architect James Hoban in the Neoclassical architecture, Neoclassical style. Hoban modeled the building on Leinster House in Dublin, a building which today houses the Oireachtas, the Irish legislature. Constructed between 1792 and 1800, its exterior walls are Aquia Creek sandstone painted white. When Thomas Jefferson moved into the house in 1801, he and architect Benjamin Henry Latrobe added low colonnades on each wing to conceal what then were stables and storage. In 1814, during the War of 1812, ...
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Courtyard
A courtyard or court is a circumscribed area, often surrounded by a building or complex, that is open to the sky. Courtyards are common elements in both Western and Eastern building patterns and have been used by both ancient and contemporary architects as a typical and traditional building feature. Such spaces in inns and public buildings were often the primary meeting places for some purposes, leading to the other meanings of Court (other), court. Both of the words ''court'' and ''yard'' derive from the same root, meaning an enclosed space. See yard (land), yard and garden for the relation of this set of words. In universities courtyards are often known as quadrangle (architecture), quadrangles. Historic use Courtyards—private open spaces surrounded by walls or buildings—have been in use in residential architecture for almost as long as people have lived in constructed dwellings. The courtyard house makes its first appearance –6000 BC (calibrated), in ...
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Reflecting Pool
A reflecting pool, also called a reflection pool, is a water feature found in gardens, parks and memorial sites. It usually consists of a shallow pool of water with a reflective surface, undisturbed by fountain jets. Design Reflecting pools are often designed with the outer basin floor at the rim slightly deeper than the central area to suppress wave formation. They can be as small as a bird bath to as large as a major civic element. Their origins are from ancient Persian gardens. List of notable pools * The Miroir d'eau (Water mirror) on Place de la Bourse in Bordeaux, France. * The Mughal gardens, Mughal garden reflecting pools at the Taj Mahal in Agra, India * Chehel Sotoun in Iran * The Lincoln Memorial Reflecting Pool and Capitol Reflecting Pool, in Washington, D.C. * Mary Gibbs and Jesse H. Jones Reflection Pool, Hermann Park, Houston, Texas, U.S. * The modernist Palácio do Planalto and Palácio da Alvorada in Brasília, Brazil * Martin Luther King Jr. National Historical ...
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Racquetball
Racquetball is a racquet sport and a team sport played with a hollow rubber ball on an indoor or outdoor court. Joseph Sobek invented the modern sport of racquetball in 1950, adding a stringed racquet to paddleball in order to increase velocity and control. Unlike most racquet sports, such as tennis and badminton, there is no net to hit the ball over, and, unlike squash, no tin (out of bounds area at the bottom of front wall) to hit the ball above. Also, the court's walls, floor, and ceiling are legal playing surfaces, with the exception of court-specific designated hinders being out-of-bounds. Racquetball is played between various players on a team who try to bounce the ball with the racquet onto the ground so it hits the wall, so that an opposing team’s player cannot bounce it back to the wall. The sport is very similar to 40×20 American handball, which is played in many countries. It is also very similar to the British sport Squash 57, which was called racketball ...
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