If you are asked who is the richest person in the world then the answer will definitely be Elon Musk. Your answer is also correct, but if it is a matter of grandeur, then Thailand’s King Maha Vajiralongkorn, who is also known as King Ram, has no match.
Raja Ram is considered to be the richest king in the world, even though he does not have as much wealth as Elon Musk, but his luxury life can create jealousy in any rich person. Although there are many other kings in the world who have immense wealth, but the story of King Ram is considered to be different among them all.
Raja Ram’s total wealth is estimated to be around $50 billion i.e. Rs 4.5 lakh crore. The maintenance of the king’s properties is done by the Crown Property Bureau (CPB), whose control the king took over in the year 2018. After this this institution also works under the king. You can estimate the king’s wealth from the fact that he has properties all over Thailand, which generate rent worth thousands of crores of rupees every year. The price of these properties is a different matter.
What is the real source of income?
The real source of income of Thailand’s King Ram is the rent coming from his properties. According to an estimate, he owns about 6,560 hectares or 16,210 acres of lands and properties across Thailand. He has made an agreement regarding rent for more than 40 thousand properties built on these lands. More than 17 thousand of these properties are in Bangkok alone, which include commercial buildings, hotels, palaces and resorts etc. Obviously, the king earns thousands of crores of rupees every year from these properties only in the form of rent. This is their biggest source of income.
Big stake in banks also
Raja Ram has about 23 percent stake in Siam Commercial Bank, Thailand’s second largest bank group, which is his second largest source of income. Apart from this, Raja Ram also has 33 percent stake in Siam Cement Group, which is the second largest industrial group in the country. These two companies remain their biggest sources of income. It is because of this earning that Raja Raj remains the richest king in the world even today.
How luxurious is their life?
You can get an idea of the luxurious life of Raja Ram that he has thousands of properties, so much so that even if he spends one night at one property, he can stay in different properties for 47 years without repeating the same. Apart from this, there are 38 private jets and aircraft in his fleet, which also includes some helicopters. More than 300 luxury cars are parked in Raja Ram’s palace, which includes supercars like Rolls Royce, Bentley, Mercedes. Not only this, his luxury properties also include 52 gold boats. Apart from all these things, the matter of diamonds, gems and gold and silver jewelery is a different thing.
Other rich kings of the world
- According to the reports of agencies like Forbes and Bloomberg, apart from King Ram of Thailand, many other names are also included among other rich kings of the world.
- Sultan Hassanal Bolkiah of Brunei: It is believed that he has assets worth 28 to 50 billion dollars and the main source of income is oil and gas reserves. He has the world’s largest palace, more than 7 thousand luxury cars and many private jets.
- King Salman bin Abdul Aziz Hal Saud of Saudi Arabia: His personal wealth is 18 billion dollars and the total wealth of the family is more than 1 trillion dollars. The main sources of income are oil and investment.
- Prince Hans Adam-2 of Liechtenstein: He is also said to have assets worth around $10 billion, whose main sources of income are LGT Bank, art collection and investment. It is one of the richest royal families in Europe.
- Emir of Dubai Sheikh Mohammed bin Rashid Al Maktoum: This king has assets ranging from 4 to 14 billion dollars, the main sources of which are real estate and tourism. He is also the Vice President and Prime Minister of UAE.
- Sheikh Tamim bin Hamad Al Thani of Qatar: This Sheikh is said to have assets worth 2 to 10 billion dollars and the main source of income is gas reserves and investment authority. He has made major investments in sports and media, including Al Jarira.
- King Mohammed-VI of Morocco: King’s wealth is around 2 to 10 billion dollars and the main sources of income are banking, mining and agri companies.