Morgan Parker gives Dubai developer $20bn real estate reality check

Morgan Parker’s first job at one of Dubai’s biggest developers was to tell his bosses everything that was wrong with their $20 billion (€18.29bn) plan to build the world’s largest mall and 100 hotels to surround it.

A lot, it turned out.

The former head of the Rockefeller family’s Rose Rock real estate firm took Dubai Holding’s Mall of the World project back to the drawing board, pushing a scaled-down plan that doesn’t require breaking records to attract attention.