Story came from Zero Hedge sometimes called a fake news site.
In his memoir The World As It Is, published on Tuesday, (Ben) Rhodes recounts a trip to Saudi Arabia in June 2009 soon after Barack Obama became president.
He says on arrival he and other US officials were taken to housing units in a compound owned by the monarchy in the desert.
When I opened the door to my unit, I found a large suitcase, Rhodes recounts. Inside were jewels.
The trip to Saudi Arabia was the beginning of Obamas first tour of the Middle East as president, and preceded his famous Cairo speech which he intended as a message to the Muslim world.