thailand king net worth

Thailand's King Vajiralongkorn crowned in solemn ceremony – video It was a day of parades, ancient rituals, Buddhist chanting and gold as far as the eye could see.

The King of Thailand held an odd ceremony Sunday where he named one of his top generals and longtime girlfriend as his official mistress, a role that has not formally been acknowledged since 1921. The third richest royal is from the Middle East. With an estimated net worth of $43 billion, Thailand’s King Maha Vajiralongkorn, officially known as King Rama X, is the richest royal in the world.

Thailand’s King Maha Vajiralongkorn joined the ranks of the world’s richest monarchs, after the royal family formally turned over its multi-billion dollar fortune to him.

2. Meanwhile, Sultan Hassanal Bolkiah Brunei comes at a distant second with a total wealth valued at $28 billion.

Thai King Maha Vajiralongkorn at a ceremony commemorating former Thai kings, including his father Bhumibol Adulyadej, at the Royal Plaza in Bangkok on October 23, 2016.

Thailand's King Maha Vajiralongkorn has been granted full, personal ownership of royal assets thought to be worth at least $30bn (£22bn). A few days later the Ministry of Foreign Affairs of Thailand issued a statement that the Forbes report erred, attributing wealth owned by the Crown Property Bureau (CPB) solely to Bhumibol. In August 2008, Forbes came out with its 2008 version of The World's Richest Royals. King of Thailand Net Worth: According to Thailand's constitution, the King has the power to veto legislation, pardon criminals, and appoint just about anyone he wants to positions anywhere he wants. King Bhumibol took first place on the list with an estimated wealth of $35 billion.