Royalty is a term that elicits grandiose and inflated synonyms, despite the fact that the word no longer carries actual weight in today’s world.
However, certain rulers continue to rule the world based on their wealth, whether they have the authority or not.
When it comes to the Royals, the first name that comes to mind is Queen Elizabeth II, but let us pause there.
While she may be the longest-reigning monarch in the world, she is far from the wealthiest.
According to sources, the Queen of England’s net worth is $530 million — a pittance in compared to the billions amassed by other monarchs who retain administrative authority in their own countries, according to GQ India.
The following is a list of the world’s top 10 richest monarchs;
1. King Maha Vajiralongkorn, Thailand
Net worth: $43 billion
The 67-year-old King succeeded to the throne following his father’s death in 2016. The Crown Property Bureau is in charge of his wealth.
His family owns about 16,210 acres of land in Thailand and has 40,000 rental contracts throughout the country, including 17,000 in Bangkok.
Additionally, the King owns a sizable stake in the Siam Cement Group and Siam Commercial Bank.
And, as if that weren’t enough, the Thai King also owns the Golden Jubilee Diamond, the world’s largest cut and faceted diamond.
His extravagant lifestyle and luxury have not gone unnoticed by Thai residents.
That is why Thailand’s youth have been demonstrating for several months now in an attempt to overhaul the monarchy.
2. Sultan Hassanal Bolkiah, Brunei
Net worth: $28 billion
Sultan Hassanal Bolkiah is the world’s second-longest-reigning King, after Queen Elizabeth II.
Plus, he is the Prime Minister of Brunei, making him the country’s absolute ruler. According to reports, he made his riches in the oil and natural gas export sector.
Indeed, the Sultan has been listed among the world’s wealthiest individuals.
He also resides in the world’s largest residential palace, the Istana Nurul Iman, which contains over 1,778 rooms.
Additionally, the Sultan is said to own a fleet of around 600 Rolls Royces.
3. King Salman Abdulaziz bin Saud, Saudi Arabia
Net worth: $18 billion
Salman Abdulaziz bin Saud, King of Saudi Arabia, may be third on our list of the top 10 richest monarchs.
However, if his entire family fortune is taken into account, the Saud family of Saudi Arabia is the world’s wealthiest family, with a net worth of over $1 trillion.
Unlike many others on this list, the Saudi King does not hold an ornamental position.
Rather, they have been the source of authority and power on the oil peninsula for millennia.
Apart from the income he and his family amass via oil and investments, this family is notorious for their secrecy over their wealth and property.
However, we are all aware that they own some of the world’s most expensive homes, automobiles, yachts, helicopters, private jets, and artwork.
4. Emir Khalifa bin Zayed Al Nahyan, Abu Dhabi
Net worth: $18 billion
He is the President of the UAE and Emir of Abu Dhabi. However, his income stems from his position as chairman of the Abu Dhabi Investment Authority, responsible for managing the UAE’s excess oil, which is estimated to be worth half a trillion dollars.
In addition, his half-brother owns Manchester City FC, and the Sheikh is rumored to hold a substantial amount of real estate in London.
Although, he is best recognized for his generosity.
5. Emir Sheikh Mohammed bin Rashid Al Maktoum, Dubai
Networth: $14 billion
Mohammed bin Rashid Al Maktoum, Vice President of the United Arab Emirates and Emir Sheikh of Dubai, is credited with establishing important firms like Emirates Airlines, The Jumeirah Group, and DP World.
He also oversaw big projects such as transforming Dubai into a futuristic village and constructing the Palm Islands and the Burj Khalifa.
Additionally, he is a trained equestrian and a well-known Arabic poet.
6. Grand Duke Henri, Luxembourg
Networth: $4 billion
The Duke of Luxembourg, along with his wife, five children, and four grandkids, resides at Berg Castle.
Additionally, his family owns a vacation house in Cabasson, France. Furthermore, the family has reportedly received more than $300,000 each year since 1948 to perform royal duties.
7. Prince Hans Adam II, Liechtenstein
Net worth: $3.5 billion
The Prince of Liechtenstein owns Liechtenstein Global Trust, Europe’s largest family-owned private wealth management organization.
This also makes him one of the richest monarchs in Europe. He is also a prominent art collector whose rich collection is on show at the Liechtenstein Museum.
Additionally, he earned his money through investments in wineries and an agricultural enterprise.
8. Emir Sheikh Tamim bin Hamad Al Thani, Qatar
Net worth: $2.1 billion
The Qatari Sheikh’s fortune is derived through the establishment and management of the Qatar Investment Authority, which is responsible for the country’s excess oil and gas reserves.
He also famously donated $137 million to assist Al Jazeera, the Arab world’s first worldwide news network. As of 2018, the (then) 39-year-old King was the world’s youngest sovereign.
9. King Mohammed VI, Morocco
Net worth: $2.1 billion
Mohammed VI earns an annual salary of $488,604. However, in addition to being King, he is an excellent businessman and banker.
His family holds a majority position in the Société Nationale d’Investissement (SNI), a holding company with interests in banking, mining, real estate, tourism, insurance, and telecommunications, among other areas.
Additionally, he owns a sizable amount of land throughout the country. Furthermore, a Forbes story indicated that his palace’s daily operational budget is $960,000, which the Moroccan government funds.
10. Prince Albert II, Monaco
Net worth: $1 billion
Prince Albert II claims the last spot on our list of the top 10 richest monarchs with a net worth of $1 billion.
His fortune stems from his ownership of the Société des Bains de Mer de Monaco, the corporation that administers the Monte Carlo Casino and Opéra de Monte-Carlo.
Additionally, he owns his mother’s Philadelphia home.
Indeed, his 2011 wedding to South African Olympic swimmer Charlene Wittstock was one of the most expensive weddings in history.