One of Menlo College's Wealthiest Grads Accused of Sexual Assault Other Topics, posted by Bob, a resident of the Menlo Park: Central Menlo Park neighborhood, on Sep 25, 2011 at 10:38 am
Billionaire Menlo College graduate Saudi Prince Al-Waleed bin Talal, nephew of King Abdullah of Saudi Arabia, 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.
A spokeswoman for Prince Alwaleed’s company said last week that the accusations against him were “completely and utterly false.” She said the prince did not charter a yacht in Ibiza, or take his own yacht there, at the time when the model said she was assaulted and raped.
Al-Waleed received a Bachelors of Science degree in Business Administration from Menlo College in 1979. His wealth is reportedly about $20 billion. He is a leading investor in both Citigroup and Rupert Murdoch's News Corp. media empire. A number of Saudi princes attended Menlo College in the 1970s.