There still is something to it. You could bring your billion to Dubai and it might buy you some pardons from personal indiscretions and a cadre of quasi-slaves but the monarchs would never grant you real systemic political power.
replyIf you bring a billion anywhere you won't get systemic political power unless you seek it. Political power isn't about having money, but money gives you the operational range you need to seek political power.
replyThere's a lot of money in Dubai, so if your operation is to just hope to impress and be offered power without much effort on your end, 1 billion won't be enough. Perhaps 100 or 1,000 billion could work? Hard to tell.
If you only have 1 billion though, you need to play your cards in a smarter way. Who can you become friends with? What clubs and parties do you need to attend to make it happen? Which politicians and royals can you get dirt on? Who can you bribe for information? What gifts can you give to gain someones trust? 1 billion is enough operational range for this.