The wealthiest monarchs in the world
Although the word “royalty” no longer has any real meaning in the modern world, it does have some extravagant and inflated synonyms. But some monarchs continue to rule the world on the basis of their money, whether or not they have formal authority. These monarchs hold considerable wealth.
Let us put a stop to you right there if when you hear the word “royals,” Queen Elizabeth II is the first name that comes to mind. She may be the monarch with the longest reign, but she is undoubtedly not the richest. The Queen of England reportedly has a net worth of $530 million, which is insignificant when compared to the billions owned by other monarchs who still have administrative authority in their own nations, according to GQ India.
KING MAHA VAJIRALONGKORN, THAILAND: wealthiest monarchs
IMAGE CREDITS: World history Encyclopedia.com
In 2016, the 67-year-old monarch succeeded his father, who had died. The Crown Property Bureau is in charge of managing his money. His family has 40,000 rental agreements around the country, including 17,000 in the capital, and controls more than 16,210 acres of land in Thailand. Also, the King owns a sizable portion of the Siam Commercial Bank and Siam Cement Group. Also, the Thai king is the owner of the Golden Jubilee Diamond, the biggest cut and faceted diamond in the world. As if all of that weren’t enough. His extravagant lifestyle and fortune have not gone unnoticed by Thai people. Because of this, Thai youth have been demonstrating for a few months to change the monarchy.
SULTAN HASSANAL BOLKIAH, BRUNEI: wealthiest monarchs
Sultan Hassanal Bolkiah is the second-longest-reigning king in the world after Queen Elizabeth II. He is also Brunei’s prime minister, making him the uncontested ruler of the nation. He is said to have made his money through working in the oil and natural gas export industry. In fact, the Sultan has been ranked among the richest people in the world. Also, he resides in the Istana Nurul Iman, which has over 1,778 rooms and is the largest residential palace in the entire globe. The Sultan is reportedly rumored to own a fleet of approximately 600 Rolls Royce automobiles.
KING SALMAN ABDULAZIZ BIN SAUD, SAUDI ARABIA
IMAGE CREDITS: The Guardian.com
In this list, King Salman Abdulaziz bin Saud might be third. But if his family’s fortune is taken into account, the Saudi Arabian Saud Family, which has more than $1 trillion in assets, is the richest family in the world. In contrast to many countries on this list, the Saudi monarch has been the undisputed center of authority and power in the oil peninsula for many years.
This family is extremely secretive about their riches and goods, aside from the amount he and his family generate from oil and investments. Yet as we all know, they also own some of the priciest homes, automobiles, yachts, helicopters, private jets, artwork, and more.
EMIR KHALIFA BIN ZAYED AL NAHYAN, ABU DHABI
He is both the President of the United Arab Emirates and the Emir of Abu Dhabi. Yet, he made his money by holding the position of chairman of the Abu Dhabi Investment Authority, which is reported to be worth $500 billion and manages the UAE’s excess oil. The Sheikh apparently owns numerous properties in London, and Manchester City FC is also owned by his half-brother. But what has made him most well-known is his charity.
EMIR SHEIKH MOHAMMED BIN RASHID AL MAKTOUM OF DUBAI
IMAGE CREDITS: istockphoto.com
Major businesses including Emirates Airlines, The Jumeirah Group, and DP World can be attributed to the Vice President of the United Arab Emirates and Emir Sheikh of Dubai, Mohammed bin Rashid Al Maktoum. He also disregarded important initiatives like transforming Dubai into the futuristic community it is now, building the Palm Islands, and constructing the Burj Khalifa. In addition, he has equestrian training and is a well-known Arabic poet.
GRAND DUKE HENRI, LUXEMBOURG: wealthiest monarchs
The Duke of Luxembourg, his wife, five children, and four grandchildren all reside in the Berg Castle. Also, his family has a vacation property in the southern French town of Cabasson. Also, the family has reportedly received more than $300,000 every year since 1948 to perform its royal duties.
PRINCE HANS ADAM II, LIECHTENSTEIN: wealthiest monarchs
The largest family-owned private wealth company in Europe, Liechtenstein Global Trust, is owned by the Prince of Liechtenstein. As a result, he is also the richest monarch in Europe. He is also quite the art collector, and the Liechtenstein Museum is home to his lavish collection. His wealth is also a result of investments in vineyards and an agricultural firm.
EMIR SHEIKH TAMIM BIN HAMAD AL THANI OF QATAR
IMAGE CREDITS: Pinterest.com
The Qatar Investment Authority, which is responsible for managing the nation’s excess oil and gas reserves, was established by the Sheikh of Qatar and is managed by him. Famously, he also donated $137 million to Al Jazeera, the first international news network in the Arab world. The (then) 39-year-old king was the youngest head of state in the world as of 2018.
KING MOHAMMED VI, MOROCCO: wealthiest monarchs
Mohammed VI, the current king of Morocco, earns $488,604 a year. Yet he is also a cunning banker and businessman in addition to being King. His family owns the majority of the Société Nationale d’Investissement (SNI), which includes businesses engaged in banking, mining, real estate, tourism, insurance, telecommunications, and other industries. In addition, he owns a big parcel of rural land. Additionally, a Forbes report asserted that the Moroccan government was in charge of his palace’s $960,000 daily operating budget.
PRINCE ALBERT II, MONACO: wealthiest monarchs
IMAGE CREDITS: NBC News.com
The Société des bains de mer de Monaco, the organization in charge of managing the wealth of the Monte Carlo Casino and Opéra de Monte-Carlo, is where Prince Albert II, the illustrious Grace Kelly’s son, derives his wealth. In addition, he is the owner of his mother’s house in Philadelphia. In fact, his 2011 nuptials to South African Olympic swimmer Charlene Wittstock were among the most expensive weddings ever.