Blackwater Founder Moves To Abu Dhabi, Records Say -- New York TimesWASHINGTON — Erik Prince, whose company, Blackwater Worldwide, is for sale and whose former top managers are facing criminal charges, has left the United States and moved to Abu Dhabi, according to court documents.
Mr. Prince, a former member of the Navy Seals and an heir to a Michigan auto parts fortune, left the country after a series of civil lawsuits, criminal charges and Congressional investigations singled out Blackwater or its former executives and other personnel. His company, now called Xe Services, has collected hundreds of millions of dollars from the United States government since 2001.
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Update: Blackwater owner flees storm for Abu Dhabi -- the Age
My Comment: With hindsight, Eric Prince should have moved his operations to a country like Abu Dhabi after he started Blackwater. It would have saved him a considerable amount of legal headaches and liabilities.