Unexpectedly, the richest king in the world is not from Brunei & Saudi Arabia

Jakarta, CNBC Indonesia – Salman bin Abadulazis bin Saud from Saudi Arabia is not the richest king in the world. Even though the country he leads is known as the largest oil producer in the world, King Salman's wealth is still less than that of the kings of Brunei and Thailand.

Sultan of Brunei Hassanal Bolkiah is recorded as having wealth worth US$ 28 billion (Rp. 438 trillion), Hassanal Bolkiah is ranked as the second richest king in the world after the King of Thailand Maha Vajiralongkorn who has wealth of US$ 43 billion.

“The Sultan of Brunei, Sultan Hassanal Bolkiah… has an estimated net worth of U$28 billion,” wrote VisualCapitalist referring to The Business Standard 2018, quoted on Sunday (17/3/2024).

“Most of this wealth comes from oil and gas investments – this sector is the backbone of the country's economy, and half of Brunei's GDP depends on oil revenues,” he added.

“The king likes to spend his fortune on several luxuries, including a large collection of 7,000 cars worth more than US$5 billion, and several private jets,” the page explained again.

After Hassanal Bolkiah, King Salman was ranked next with assets of US$ 18 billion. The Emir of Dubai, United Arab Emirates (UAE), Sheikh Mohammed bin Rashid Al Maktoum occupies the next position with wealth of US$ 14 billion.

The other richest king is Qatar's King Sheikh Tamim bin Hamad Al Thani with a fortune of US$ 2 billion. Then the King of Morocco, Mohammed VI with the same amount of wealth.

[Gambas:Video CNBC]