Top 5 Richest Royals in the World
Number 5. Sheikh Mohammed bin Rashid Al Maktoum of United Arab Emirates – $4.5 billion.
The Dubai ruler is best known for his interest in thoroughbred
horse breeding and racing. Many commentators speculate that he is the biggest
spender in the history of horseracing, with stables in the Middle East, Europe
and the United States. Aside from his interest in horseracing, he has a passion
for cars and boats. He owns over 100 cars in his Dubai palace and one of the
world’s biggest yachts measuring a mind-boggling 163 meters. He is also a
prominent Nabti poet in the Arab world and is also recognized for his
humanitarian work, which includes $100 million setting up the Mohammed bin
Rashid Al Maktoum Foundation.
Number 4. Khalifa bin Zayed Al Nahyan of President of UAE – $15 billion.
Al-Nahyan is hereditary ruler of U.A.E. capital Abu Dhabi. He
controls 97.8 billion barrels of oil reserve, as well as running the world’s
second-largest sovereign wealth fund with assets reported to be $627 billion.
His own estimated wealth is a rather modest $15 billion in comparison, although
he does spend the majority of his time on his 30-acre Seychelles estate.
Number 3. King Abdullah bin Abdul Aziz Al Saud of Saudi Arabia – $18 billion.
Under his leadership Saudi Arabia managed to come through the
global recession in a better position than at the start due to government
spending and high oil production. This policy breakdown has led to an estimated
4% growth in an incredibly tough climate. He owns the world’s second largest
crude oil deposit of over 265 billion barrels, accounting for a staggering 18%
of global reserves. With Saudi Arabia possessing a $727 billion GDP, he has
recently invested $130 billion into unemployment funds and housing projects to
counteract the increasing unemployment number in his young country.
Number 2 ) Sultan Hassanal Bolkiah of Brunei – $20 billion.
Sultan Hassanal Bolkiah has been head of state since 1967. He led
his country through the global recession; however with oil reserves expected to
last only a further 25 years, his focus is now on diversifying the country’s
economy to avoid disaster when reserves run out. He is also infamous for his
car collection, with rumours he owns over 7,000 cars costing a grand total of
$789 million. According to Guinness World Records his collection has more than
600 Rolls-Royces, 450 Ferraris and 134 Koenigseggs, making it the largest brand
collection in the world. In fact, during the 1990s his family accounted for
almost half of Rolls-Royce’s global sales as his family looked to add to and
diversify their collection.
Number 1 ) King Bhumibol Adulyadej of Thailand – $30 billion.
King Bhumibol Adulyadej has reigned for 64 years, making him the
longest reigning monarch in history and the current longest serving head of
state in the world. He is credited with the social-economic theory of
self-sufficiency, something he developed throughout his long years of study. He
owns a fairly large stake in the publicly listed Siam Cement and Siam Commercial
Bank, as well as Deves Insurance which was forced to go private due to the
amount he invested. The king has made generous contributions to different
sectors of Thai society. He is considered to be the second richest head of state in the world.
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