Perhaps you saw this story from a day or two ago.

A Saudi prince celebrating his college graduation spent 15 million euros– about $20 million — to have chunks of Disneyland Paris all to himself over the course of three days. Well, to himself and about 60 friends.

Lots of money in the Gulf. Some of it spent in frivolous ways.

I know the cost of entering the various Disneyland parks continues to rise, but 60-plus people can still visit the Magic Kingdom — for three days — for significantly less than $20 million.

To be sure, Euro Disney, as the park outside Paris is sometimes known, presumably was happy to accommodate the prince. The place has never turned an annual profit, as noted in the linked story, and they certainly did the math and decided they would come out ahead with the Saudi graduate and his party.

One of the UAE’s own, according to the New York Post, was robbed of more than $230,000 worth of luxury goods while renting out the whole of the 12th floor at the Plaza Hotel in November of 2011. We cannot trust the story entirely — the victim is referred to as a “princess” and female royals here are known as “sheikhas” … and she is identified as being from Dubai, though her family name, Al Qassimi, is that of the neighboring emirate of Sharjah. (The royals in Dubai are the Maktoums.)

Someone was robbed, anyway.

The National recently ran a story that pegged the UAE as having the ninth-highest “millionaire density” in the world. One out of every 25 households in the country has assets worth more than $1 million. That’s dollars, not dirhams.

The figure no doubt would be significantly higher if only UAE citizens were surveyed. Not many of the expats, how make up 7 milli8on of the 8 million people here, have that kind of money.

Saudi tops the list in millionaire density, and considering that country has a native population of around 22 million … that’s a lot of oil the Saudis are selling.

Much of the wealth in this area is turned around to good uses. In the UAE, health care for all, nice roads, no one starving.

But some of the money? Spent frivolously, like trust fund babies in the U.S., with more money than sense, spending three days in their own private Disneyland Paris.