The Richest Royals in the World, Ranked
Introduction
Royalty has long fascinated the public, not just for their titles but for their immense wealth and influence. While many royals enjoy the benefits of their positions, some stand out due to their extraordinary fortunes. This blog ranks the richest royals in the world, exploring their sources of wealth, lifestyles, and the impact of their fortunes on their respective countries.
1. King Salman bin Abdulaziz Al Saud (Saudi Arabia)
Net Worth: $18 billion
King Salman has been the King of Saudi Arabia since 2015 and is a member of the House of Saud, the ruling family of the Kingdom. His wealth primarily comes from extensive oil reserves in Saudi Arabia, one of the world’s largest oil-producing countries.
- Sources of Wealth:
- Oil Revenue: The Saudi government controls the national oil company, Saudi Aramco, which is one of the most profitable companies globally. King Salman benefits from the royal family’s share in oil revenues.
- Real Estate Investments: The royal family owns significant real estate assets both domestically and internationally.
- Lifestyle: King Salman’s lifestyle includes luxurious palaces, private jets, and expensive cars. He also plays a crucial role in shaping Saudi Arabia’s policies and international relations.
2. Sheikh Khalifa bin Zayed Al Nahyan (UAE)
Net Worth: $15 billion (as of his passing in 2022)
Sheikh Khalifa, the late President of the United Arab Emirates and Emir of Abu Dhabi, played a significant role in the UAE’s development into a prosperous nation.
- Sources of Wealth:
- Oil Wealth: The UAE, especially Abu Dhabi, has vast oil reserves that contribute significantly to its wealth. The emirate’s wealth is derived from its national oil company, ADNOC.
- Investments: The royal family has diversified investments in various sectors, including real estate, technology, and finance.
- Lifestyle: Sheikh Khalifa was known for his philanthropic efforts, including contributions to health and education initiatives both locally and internationally.
3. King Mohammed VI (Morocco)
Net Worth: $5.7 billion
King Mohammed VI has been the King of Morocco since 1999 and is known for his efforts to modernize the country and promote economic growth.
- Sources of Wealth:
- Agribusiness: The king owns a significant stake in various agricultural businesses and real estate ventures. His company, Societe Nationale d’Investissement (SNI), holds diverse investments across multiple sectors.
- Mining and Telecommunications: The royal family’s investments extend to mining, telecommunications, and banking.
- Lifestyle: King Mohammed VI is known for his lavish lifestyle, including multiple palaces and luxury vehicles, as well as his interest in art and culture.
4. Queen Elizabeth II (United Kingdom)
Net Worth: $500 million (at the time of her passing in 2022)
Queen Elizabeth II, the longest-serving monarch in British history, was known for her dedication to duty and public service.
- Sources of Wealth:
- The Duchy of Lancaster: This private estate generates income from land, property, and other investments, providing financial support to the monarch.
- Personal Investments: The Queen’s personal wealth comes from various investments, including art, jewelry, and property.
- Lifestyle: Queen Elizabeth II lived in several royal residences, including Buckingham Palace and Windsor Castle. Her lifestyle included public engagements and charitable work, maintaining a strong connection to the British public.
5. Prince Alwaleed bin Talal Al Saud (Saudi Arabia)
Net Worth: $18.7 billion
Prince Alwaleed is a businessman and investor, known for his extensive investments in various sectors, including technology and hospitality.
- Sources of Wealth:
- Investments: Alwaleed owns a diversified portfolio through his investment company, Kingdom Holding Company. His investments include stakes in Citigroup, Twitter, and various hotels worldwide.
- Real Estate: The prince has significant real estate holdings, including luxury hotels and commercial properties.
- Lifestyle: Known for his philanthropic efforts, Alwaleed also owns a private jet and a fleet of luxury cars. He is often seen as a modernizing force in Saudi Arabia, advocating for social reforms.
6. King Maha Vajiralongkorn (Thailand)
Net Worth: $30 billion
King Vajiralongkorn, also known as King Rama X, ascended to the throne in 2016 and is one of the wealthiest monarchs in the world.
- Sources of Wealth:
- Crown Property Bureau: This government agency manages the royal family’s wealth, which includes vast land holdings and investments in various sectors.
- Private Investments: King Vajiralongkorn has significant investments in real estate and other businesses.
- Lifestyle: The king is known for his extravagant lifestyle, including luxurious residences, private jets, and a penchant for royal ceremonies.
7. Sultan Hassanal Bolkiah (Brunei)
Net Worth: $20 billion
Sultan Hassanal Bolkiah has ruled Brunei since 1967 and is one of the last absolute monarchs in the world.
- Sources of Wealth:
- Oil and Gas: Brunei’s wealth is heavily reliant on oil and gas exports, providing substantial income for the sultanate. The royal family holds significant stakes in the national oil company.
- Investments: The sultan has diversified investments in real estate, finance, and other industries.
- Lifestyle: Sultan Hassanal Bolkiah is known for his luxurious lifestyle, including a lavish palace, extensive car collection, and a strong focus on philanthropy.
8. King Carl XVI Gustaf (Sweden)
Net Worth: $70 million
King Carl XVI Gustaf has been the King of Sweden since 1973 and is a symbol of national unity.
- Sources of Wealth:
- Royal Investments: The king has personal investments in various companies and real estate. The royal family also benefits from the Swedish monarchy’s budget.
- Crown Estate: The Crown Estate generates income from agricultural lands, forests, and properties owned by the royal family.
- Lifestyle: King Carl XVI Gustaf is known for his love of outdoor activities and often participates in sports like skiing and sailing.
Conclusion
The wealth of royal families is often tied to their countries’ economic resources, investments, and historical significance. These royals not only enjoy their immense fortunes but also bear the responsibility of representing their nations. Understanding the sources of their wealth and their lifestyles provides insight into how royalty influences culture, economy, and society globally. Whether through philanthropy, modernization efforts, or traditional roles, these royals continue to shape their countries in profound ways.