The lesson is that, No. 1, this management has to be at the highest class possible. No. 2, they have to have a succession plan.
Al-Waleed bin TalalNo company should depend on one person no matter how that person is smart or genius, whether it's Apple or News Corp, or Citibank or any other company in the world.
Al-Waleed bin TalalOne of my biggest personal holdings is Rotana. That company has a very dominant force in the Middle East. It has around 45% of all the movie industry and around 75% of all the music.
Al-Waleed bin Talal