Across the world there are 26 monarchies, each with varying degrees of power, ranging from a ceremonial position to law-making duties. This article will detail the wealth of the richest royal families, ranking them and exploring how their wealth is generated.
1. Saudi Arabia – $1.4 Trillion
Topping our list of the richest royal families is the Royal Family of Saudi Arabia, whose current King is Salman bin Abdulaziz Al Saud. As Saudi Arabia is run as a monarchy, The King is also the Prime Minister and charged with ruling the country. The ruling family consists of roughly 15,000 members, with the net worth being around $1.4 trillion, far surpassing other monarchies. This large wealth is from the extensive oil reserves of the country, with the state operating one of the world’s richest oil companies, selling to many other countries.
2. Kuwait – $360 Billion
The current Emir of Kuwait is Sabah al-Ahmad, who is also the commander of the military forces. The House of Sabah is the ruling family of Kuwait and is said to be worth $360 billion. A large amount of the family’s income is from the oil reserves of the country, which are the 6th largest in the world. Another contributing factor to the wealth of the family is a large number of wise investments in US stocks, which have greatly increased in value.
3. Qatar – $330 Billion
The ruling family in Qatar is The House of Thani, which is lead by Tamim bin Hamad Al Thani, the Emir of Qatar and head of state. Qatar is an absolute monarchy, meaning it is ruled by the Al Thani family for policy. As with the two preceding entries, the wealth of the Al Thani family predominantly comes from the selling and profiting of the vast oil reserves held by the country. The family owns ‘Qatar Petroleum’, which is the third largest oil company in the world.
4. Abu Dhabi – $150 Billion
The current ruling family of Abu Dhabi is the House of Nahyan, which is led by President Khalifa bin Zayed, who is also the owner of the Abu Dhabi National Oil Company, which produces several million barrels of oil each day. The family’s wealth is estimated at $150 billion, with the oil company contributing a large proportion of this. In addition to this, the ruler also runs the Emirates Investment Authority, which makes large investments, resulting in increases net worth for the family.
5. United Kingdom – $90 Billion
Headed by Queen Elizabeth II, the British Royal Family is one of the most famous families in the world. The duties of the monarchy are ceremonial, with the powers of the family not expected to be used against a ruling government. Most of the family’s wealth is from investments and land, as well as a supplemental income from public taxes. Members of the family are paid with the Sovereign Grant, which also pays for other expenses. The family has many assets, including the Crown Estate and the Royal Collection, which houses the famous Crown Jewels.
6. Thailand – $60 Billion
Known as King Rama X, Maha Vajiralongkorn is the leader of the ruling family in Thailand. As in our royal database, the King is the single wealthiest royal in the world, with a net worth of $30 billion. Like the United Kingdom, Thailand is a constitutional monarchy, with the King having little direct power over the country’s policy. A large amount of The King’s wealth stems from the Crown Property Bureau, which has 6560 hectares of land across Thailand and is controlled by the family. The Crown Property Bureau is constantly developing and forming new contracts, which will further increase the family’s wealth.
7. Brunei – $30 billion
Brunei is ruled by the House of Bolkiah, with the Sultan being Hassanal Bolkiah. The Sultan is well known for his opulent lifestyle, which is facilitated by the large wealth of the family. The House of Bolkiah has ruled Brunei for centuries, with much of the family’s wealth coming from large oil reserves. The Sultan is rumored to own over 600 Rolls-Royces within the multi-billion dollar Istana Nurul Imam Palace.