In the era before democracy, monarchs ruled nations worldwide. Although kings and queens have mostly relinquished power in many countries, some still retain the concept of a royal family. The British royal family, renowned for its historical prominence in ruling various nations, is not the wealthiest in the world. Surprisingly, ‘The Royal Family of Saudi Arabia holds the title of the richest royal family globally.
With an estimated net worth of USD 1.4 trillion, the Saudi royal family possesses a treasure trove of gold, silver, and diamonds. Their grand palace boasts a fleet of luxury cars worth crores, along with billions worth of cruises and private jets. The Saud dynasty has been ruling Saudi Arabia since 1932, making them one of the most powerful families in the world.
At the helm of the Saudi royal family is King Salman bin Abdul Aziz Al Saud, whose net worth surpasses that of the British royal family by 16 times. The family comprises around 15,000 members, and the wealthiest among them is Alwaleed bin Talal, with an estimated net worth of approximately USD 20 billion. While King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman are also wealthy individuals, their exact wealth remains undisclosed.
The King of Saudi Arabia resides in the opulent Al Yamama Palace, which serves as his official residence. Additionally, the royal family owns numerous luxurious mansions worldwide. Al Yamama Palace, built in 1983 in Riyadh, sprawls across 4 million square feet and showcases the distinctive local Najdi architectural style. It houses thousands of rooms, a movie theater, several swimming pools, and a mosque.
Furthermore, the Saudi royal family possesses a fleet of luxury cruise ships. Prince Mohammed bin Salman’s yacht alone is worth USD 400 million, boasting amenities like two helipads and a sports ground.
The Saudi royal family’s immense wealth and influence continue to be a subject of fascination worldwide, making them one of the most prominent and powerful dynasties on the global stage.