Haim Saban 'Interested' in Buying the Beverly Hills Hotel (Exclusive)

2012-23 REP DEALS Haim Saban P

When Haim Saban launched the Mighty Morphin Power Rangers in the 1990s, he quickly built an empire by spinning off the kids TV series into licensed toys, apparel and much more.

The billionaire said he would also like to purchase the Hotel Bel-Air from Sultan Hassanal Bolkiah, whose properties are being boycotted by Hollywood because of his decision to enact Sharia law in his home country of Brunei.

Media mogul Haim Saban told The Hollywood Reporter Tuesday that he would be willing to buy both the embattled Beverly Hills Hotel and the Hotel Bel-Air if he could purchase the properties at a fair price.

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Saban's comments come amid a growing boycott in Hollywood against the hotels' current owner, Sultan Hassanal Bolkiah, who has decided to enact Sharia law -- targeting gays -- in his home country of Brunei.

"We are boycotting," said Saban, a long time friend of Bill and Hillary Clinton and strong supporter of the state of Israel. "And, yes, we would be interested to buy both the Beverly Hills Hotel as well as the Hotel Bel-Air, but we won't pay a stupid price, and if someone else buys it, we'll still enjoy the Polo Lounge and the Wolfgang Puck restaurant at the Bel Air."

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The burgeoning boycott against the hotels includes a number of high-profile organizations and entertainment industry people, as awareness builds about Bolkiah's recent decision to enact the strict law that calls for severe punishments -- flogging, amputation of limbs and stoning -- for offenses such as theft, adultery and sodomy.