He has estimated that the Thai monarchy’s baseline is at least $US66 billion, while recent reports in Nikkei Asia and the Los Angeles Times tabled conservative estimates beginning from $US60 billion and $US70 billion respectively.
How much is the Thai royal family worth?
Estimates of King Maha Vajiralongkorn’s wealth start at $30bn, but that number may be much higher.
Does the Thai royal family have any power?
Under the constitution the king is given very little power, but remains a figurehead and symbol of the Thai nation. As the head of state, however, he is given some powers and has a role to play in the workings of government. According to the constitution, the king is head of the armed forces.
Who is the world’s richest king?
Thailand’s King Maha Vajiralongkorn came out at No 1 above the long-time richest royal, Sultan Hassanal Bolkiah of Brunei, with Morocco’s King Mohammed VI rounding out the top 5 richest monarchs in the world. .
How many wives does Thai King have?
He has been married four times and has 20 mistresses.
Is anyone a trillionaire?
Of course, it’s Bill Gates, provided his monopolistic heart keeps beating for another 20 years or so. Of course, it’s Bill Gates, provided his monopolistic heart keeps beating for another 20 years or so. …
Why is the Thai royal family so rich?
Compared to other centuries-long monarchies around the world, MacGregor Marshall said the Chakri dynasty’s wealth did not stem from an “ancient fortune”, instead, most of it came from assets amassed during the 20th century. Much of this stems from land and real estate holdings.
Is Queen Elizabeth a billionaire?
Sandringham House and Balmoral Castle are privately owned by the Queen. Forbes magazine estimated the Queen’s net worth at around $500 million (about £325 million) in 2011, while an analysis by the Bloomberg Billionaires Index put it at $425 million (about £275 million) in 2015.