Saudi Prince Al-Waleed bin Talal, the billionaire media mogul who owns about 7% of Rupert Murdoch's News Corporation, is being investigated in Spain on allegations that he "drugged and sexually assaulted a young model on a yacht on the Mediterranean island of Ibiza" in 2008.

Saudi Prince Alwaleed bin Talal just couldn't stand being the 26th richest man in the world while Dubai had the world's tallest penis tower, the Burj Khalifa, which was renamed after a measly president, Khalifa bin Zayed Al Nahyan of the UAE. So, in honor of his manhood, the prince is building a bigger tower.

Prince Alwaleed bin Talal of Saudi Arabia is purchasing a custom Airbus A380. The biggest passenger plane in the world — 6,000 sq. ft. — will cost more than $400 million once it is outfitted with all the accoutrements necessary to fly one of the richest men in the world. The prince already owns a custom Boeing 747, previously the biggest private plane in the world, and has a fortune worth around $20 billion. Don't count out Google cofounders Sergey Brin and Larry Page, though. The Google boys are worth around $20 billion each and also have an affinity for custom jets.