Kings are supposed to be rich, but some monarchs are exceptional in many ways that we cannot overemphasize. People become curious about them as they appear to be rich and how they accumulate their massive wealth.
The royals that make up this list of wealthiest monarchs globally have the money to foster the highest lifestyle. Their nations and countries benefit from their rule, and some of them have outstanding excellence as they dedicate their wealth to the progression of their kingdom.
So, now we will take a glance at some most decadent monarch’s profiles and their estimated property.
King Vajiralongkorn (Rama X), son of King Bhumibol Adulyadej, as the tenth Monarch of the Chakri dynasty, ascended to the throne immediately after his father died in 2016. His fundamental properties are currently esteemed at up to US$43 billion as of January 2021.
King Vajiralongkorn was born on July 28, 1852. The King is at present 65 years old. He has been King since the year 2016 as the only male child of King Bhumibol Adulyadej and Queen Sirikit. In 1972, at the age of only 20, King Maha Vajiralongkorn became the crown prince after being named so by his father. The death of his father on October 13 in the year 2016 made his situation so heavy that he took more time to mourn the loss of his father before taking up the mantle of King.
On the night of the first day of December in 2016, he finally accepted his rightful place as the King of Thailand. He is the tenth Monarch in the Chakri dynasty and is styled as Rama X. As a result of how old he was at the time of his ascension to the throne, he is the oldest Monarch ever to ascend the throne as King in Thailand.
According to Fortune (2020), much of King Vajiralongkorn's wealth comes from his 23 percent stake in Siam Commercial Bank, one of Thailand’s biggest lenders and the country’s largest industrial conglomerate Siam Cement Group. His secretariat also includes around 6,500 hectares (16,000 acres) of prime land and over 40,000 rental leases with developers. To date, the royal family has reported that they have accumulated a fleet of 38 jet planes and helicopters.
Crown Property Bureau (official executives of the property possessed by the crown in Thailand) can mostly be linked back to the King's capital and his family properties. King Vajiralongkorn owns the world’s most significantly cut and faceted 545 carats of the Golden Jubilee Diamond. King Maha Vajiralongkorn has a net worth of $43 billion.
It will be tough to believe if Sultan Hassanal Bolkiah was no longer the wealthiest royal on Earth. The leader of Brunei's wealth remains unchanged this year. The Sultan ranks in second place with his estimated net worth – of up to US$28 billion, earning most of his wealth from the country’s massive and globally significant oil reserves.
There are so many rumors about the Sultan's lavish expenditure. Much of that wealth must go towards preserving his 1,788-room palace, his caravan of 5,000 vehicles, and his reported regular US$20,000 haircuts. He is a lover of cars and is known to own over 600 Rolls-Royces. He has many cars that he has acquired with his wealth. His castle is the largest globally and has cost over $350 million. Sultan also has houses built in his label all over the world.
Sultan Hassanal Bolkiah Brunei was born on July 15, 1946. He is currently 71 years old and the 29th Sultan and Yang Di-Pertuan of Brunei. Hassanal Bolkiah is also the first and current Prime Minister of Brunei. He is the oldest son of Sultan Omar Ali Saifuddin III and the "Raji Isteri" Pengiran Anak Damit. He took up the position of Sultan on October 5, 1967, after the abdication of his father.
Brunei is a country in the southeast part of Asia. It is not enormous, but Brunei is the third riches Monarch in the world. This country deals in gas and oil, and the Sultan’s Wealth can be linked to profits made from oil and gas.
King Salman of Saudi Arabia is 82 years old, and he is in the third number. His total wealth of US$18 billion has earned him the third-richest Monarch in the world. He emerges his wealth from his portion of the royal family’s totaled US$1.4-trillion portfolio, including natural gas and petroleum behemoth Saudi Aramco.
He has been the King and prime minister of Saudi Arabia and the guardian of the Two Holy Mosques since the 23rd day of January 2015. He was born on December 31 in the year of 1935. King Salman performed as the deputy governor and then Governor of Riyadh for 48 years, spanning the year 1963 to the year 2011. Afterward, he became the minister of Defense. After the death of his elder brother Nayef bin Abdulaziz, he took the position of Crown Prince in 2012.
He was officially crowned as King on January 23, 2015. As a King, some of the significant endeavors he is credited with are the Saudi intervention in the Civil war in Yemen. King Salman has substantiated the Saudi vision 2030 and a degree in 2017 that finally allowed women in Saudi Arabia to drive.
Saudi Arabia, where Islam came into existence, holds the fourth wealthiest King globally. King Salman's family is rich and has a lot of proud involvement. His wealth is linked to the fact that his family owns a media group that includes the pan-Arab daily Asharq Al-Awsat and Al Eqtisadiah. He is worth $17 billion.
Like other monarchs, King Salman leads a luxurious lifestyle with a love of ultra-expensive yachts and paintings. His 34-year-old son and Crown Prince of Saudi Arabia, Mohammed bin Salman has inherited the same passion.
Sheikh Khalifa Bin Zayed Al-Nahyan, president of the United Arab Emirates,’ is placed in the fourth-richest Monarch on the planet. He has an estimated US$15 billion and currently runs a sovereign wealth fund with assets reportedly valued at US$830 billion. Much of his capital comes from the oil reservations of the UAE.
Emir Khalifa bin Zayed Al Nahyan is currently 69 years old. He was born in the year 1948, on September 7. He is the president of the UAE, Emir of Abu Dhabi, and the Supreme Commander of the UDF (Union Defence Force). He took over from his father on November 2 in the year 2004, and on the very following day, he became the Federation’s president. During his father's year-long health problems in the late 1990s, Khalifa bin Zayed was designated the Crown Prince and started acting as the president.
UAE is well known for its massive reservation of oil, and there is a lot of wildlife in the country that people always want to visit no matter what. This country holds the world’s biggest mosque. Sheikh Zayed is the head of the UAE, and he is well known as a philanthropist. Besides, if any citizen is asked, they would describe King Sheikh as a good man.
The Abu Dhabi Investment Authority (ADIA) accumulated Sheikh Zayed's Fortune from managers of the excess oil reserves belonging to the UAE, of which he is the chairman. Based on information leaked to the Panama Papers, he reportedly owns many luxurious properties in London, supposedly worth more than US$1.7 billion. He has a net worth of $15 billion.
With a net worth estimated at US$8 billion, Morocco's reigning King Mohammed VI takes his place as the world's fifth-richest Monarch.
His wealth intensified when he inherited a 35 percent stake in Société Nationale d‘Investissement (SNI) from his late father, King Hassan. His portfolio also includes shares in Morocco’s most prominent bank Attijariwafa, mining company Group Managem, sugar-producing company consumer, and dairy company Centrale Danone.
It is still a mystery how King Mohammed spends his money. But according to Forbes (2014), the year he was recognized as the richest King in Africa, his palace's daily operating budget was US$960,000.
King Mohammed sat on his throne in 1999, and he is currently 54 years old. Aside from being a King, he is also known as a businessman. He was the second child and oldest son of King Hassan II and his second wife, Lalla Latifa Hammou. He was confirmed as the crown prince and heir apparent to the throne upon birth.
His wealth primarily comes from the fact that his family owns Morocco’s National Investment group. It is a private holding company known to invest in different African countries. It also operates in banking, renewable energy, and telecommunication. He loves culture and often recollects his people the value they should hold in their indigenous language. He has a net worth of $8.2 billion.
Most kings and monarchs across the globe are usually rich as they typically control the nation’s wealth aside from contributions that they receive and personal business interests they may have. The title of King comes along with its obligations, which are as heavy as one can imagine. Governing a prosperous nation is never easy or cheap, and neither is funding the fairy-tale lifestyle befitting one sitting on the throne.