Who is world’s richest royal family? Wealth surpasses Musk, Bezos, British royals, owns gold-plated cars, private jets…; not from UAE, UK, it is…, net worth is…
Whenever we talk about the richest person in the world, names such as Mukesh Ambani, Elon Musk, Mark Zuckerberg, Larry Ellison, Jeff Bezos, and Warren Buffett often linger in our minds. But have you ever wondered which family holds the title of being the richest in the world? Surprisingly, they are not from the United Kingdom, the United States, England, India, or Nepal. Well, a hint for our readers is that they rule Saudi Arabia. They are commonly known as the Royal Family of Saudi Arabia and House of Saud. Indeed, looking at their lavish and extravagant lifestyle is enough to make us believe that this family rightfully holds the top spot among the richest in the world.
Who is this world’s richest royal family whose wealth surpasses Elon Musk, Bezos, British royals?
Well, the House of Saud holds the title of the world’s richest family. It is the ruling dynasty of Saudi Arabia. According to the media reports, its estimated net worth is £1.1 trillion ($1.4 trillion). This means that the immense wealth and fortune surpasses the combined wealth of the world’s richest individuals — Elon Musk (£313 billion or $396 billion) and Jeff Bezos (£190 billion or $240 billion).
But where does the money come from? Or how do they maintain their lifestyle? Well, the Saudi Royal family’s massive wealth is derived from the nation’s vast oil reserves. This has enabled them to lead a comfortable and luxurious lifestyle. In addition, they have opulent assets, which include private jets, grand palaces, lavish yachts, and an impressive collection of priceless artwork.
What secrets lie behind their immense fortune?
The royal family consists of around 15,000 members, though the bulk of the fortune is concentrated among about 2,000 close relatives. King Salman bin Abdulaziz Al Saud, the current head of the family and reigning monarch, has held the throne since early 2015.
According to the official website of the House of Saud, Salman was named as the country’s new crown prince in 2012, succeeding his brother Nayef. He is also one of the seven sons born to Ibn Saud’s favorite wife, Hassa bint Ahmed al-Sudairi.
How did this royal family amass such incredible riches outside UAE and UK?
The Saudi Arabian monarchy is one of the oldest and most prominent in the world, with a history that dates back to the 18th century. The country is ruled by the Al Saud family, and its members have held the throne for more than eight decades. The current monarch is King Salman, who took over in 2015 after the death of his half-brother, King Abdullah.
What is the net worth of the world’s richest royal family?
Media reports suggest that the royal family’s wealth is nearly 4 to 5 times more than the British royal family’s net worth. It is stated that the king lives in the Al Yamamah Palace, which boasts an amazing 1,000 rooms.
As per the website, Mohammed bin Salman, also known as MBS, is the Crown Prince of Saudi Arabia and next in line to become the king. It is stated that he owns a $400 million superyacht named Serene, which was built in Italy.The yacht features two helipads, multiple luxurious rooms, and even underwater viewing chambers.
He has been a controversial figure in the kingdom, credited with implementing reforms aimed at modernizing the country and reducing its dependence on oil, but also facing criticism for his handling of political dissent and the war in Yemen.
The family owns the world’s largest private jet, a Boeing 747-400 with arguably one of the most luxurious features on an aircraft, ever. Some members of the Saudi royal family own and drive gold-plated cars, in addition to luxury vehicles such as the Lamborghini Aventador and Rolls-Royce. They own over $22 million worth of cars.
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