Saudi Arabia’s King Salman and Crown Prince Mohammed bin Salman have emerged as the world’s wealthiest royals, surpassing Amazon founder Jeff Bezos and Tesla CEO Elon Musk, according to a recent report..
The report, published by the Wealth-X Billionaire Census, estimates that King Salman’s net worth stands at $18 billion, while Crown Prince Mohammed bin Salman’s fortune is valued at $13 billion. This puts them ahead of Bezos, whose net worth is estimated at $164 billion, and Musk, who is worth an estimated $151 billion..
The top 10 wealthiest royals in the world are:.
* King Maha Vajiralongkorn of Thailand: $36 billion.
* Sultan Hassanal Bolkiah of Brunei: $28 billion.
* Emir Khalifa bin Zayed Al Nahyan of Abu Dhabi: $18 billion.
* King Salman bin Abdulaziz Al Saud of Saudi Arabia: $18 billion.
* Crown Prince Mohammed bin Salman of Saudi Arabia: $13 billion.
* Sheikh Mohammed bin Rashid Al Maktoum of Dubai: $12 billion.
* Emir Tamim bin Hamad Al Thani of Qatar: $12 billion.
* Sheikh Mansour bin Zayed Al Nahyan of Abu Dhabi: $11 billion.
* King Abdullah II of Jordan: $7 billion.
* Prince Albert II of Monaco: $6 billion.
The report also notes that the combined net worth of the world’s 2,754 billionaires rose by 8% over the past year, reaching a record $13.1 trillion. The United States remains home to the largest number of billionaires (735), followed by China (319) and India (142)..
The report’s findings highlight the growing wealth of royal families around the world. This wealth is often derived from natural resources, such as oil and gas, as well as investments in various industries. The rise of these royal families is also due to their ability to leverage their political power to acquire and maintain their wealth..
The report’s findings also raise questions about the distribution of wealth and the role of royalty in the 21st century. Some critics argue that the concentration of wealth in the hands of a few individuals is a sign of a broken economic system. Others argue that the wealth of royal families is a reflection of their contribution to their countries’ economies..
Ultimately, the question of whether the wealth of royal families is justified is a complex one. There are valid arguments to be made on both sides of the issue. However, the report’s findings provide a valuable insight into the distribution of wealth and the role of royalty in the world today..
