Prince Buys Palatial Jumbo Jet

Prince Al-Walid bin Talal of Saudi Arabia has ordered a $300 million Airbus A380 to be custom-fitted as a flying palace.

The Prince, the world's 13th richest man, earns a large part of his wealth through his investments in hotels and his extensive blue-chip stock holdings.

The 6,400 square-foot aircraft, weighing in at 560 tons, would hold 900 passengers if outfitted with all economy seating.