#Saudis

The Kingdom of Saudi Arabia is well known around the world as a wealthy oil-rich nation where the people enjoy a high quality of life. The living standard is such because of the massive profits earned through various industries, but a large portion comes from oil and gas. There are other ventures that Saudis can use to earn money in more…

Charl Schwartzel with his inaugural LIV Golf Invitational trophy that's earned him $US 4.75 million. Charl Schwartzel has banked the single biggest one-tournament payday in golf annals, scooping $US4.75 million ($A6.74 miliion) as the winner of the richest tournament in golf history, the inaugural LIV Invitational series event. But the Greg…

Charl Schwartzel with his inaugural LIV Golf Invitational trophy that's earned him $US 4.75 million. Charl Schwartzel has banked the single biggest one-tournament payday in golf annals, scooping $US4.75 million ($A6.74 m) as the winner of the richest tournament in golf history, the inaugural LIV Invitational series event. But the Greg…

Phil Mickelson is embarrassed by his "reckless" gambling but insists his decision to join the controversial Saudi-backed LIV Golf Invitational Series this week has nothing to do with financial difficulty. Reports have suggested the six-time major winner lost about 40million US dollars (£32m) between 2010 and 2014. However, the left-hander insists…