The World's Richest Royals

by merrie | September 2, 2007 at 02:33 am
2649 views | 5 Recommendations | 1 comment

Photos

The World's Richest Royals

The World's Richest Royals

see larger image

uploaded by merrie

Last year's movie sensation , The Queen, about Queen Elizabeth II, captured the monarch's lavish lifestyle with footage of her opulent castles and many servants. Not a bad life, but she comes in a mere 11th on our ranking of the world's richest royalty, worth an estimated $600 million. She can take some comfort in the fact that she's the world's wealthiest female ruler and just one of two women to make our list.

In the top spot is the Sultan of Brunei, worth $22 billion, 36 times more than the Queen of England. The Sultan who inherited the riches of an unbroken 600-year-old Muslim dynasty recently celebrated his 40th anniversary as ruler of the oil-rich land. The only other Asian monarch to make the cut is the world's longest-reigning living monarch, King Bhumibol Adulyadej, the deity-revered king of Thailand, who we estimate is worth $5 billion.

 More than a third of the rulers, six to be precise, preside over oil-rich territories in the Middle East including the Emir of Qatar who funded Al Jazeera, the King of Saudi Arabia who is building a $26 billion city named in his honor and the ruler of Dubai, whose government bought stakes in HSBC (nyse: HBC - news - people ) and Deutsche Bank (nyse: DB - news - people ) this year. The region's richest is Sheikh Khalifa Bin Zayed Al Nahyan, ranked No. 2 overall, who rules over the tiny emirate of Abu Dhabi, home to one-tenth of the world's oil reserves.

We estimate his net worth to be $21 billion. He is promoting the territory as the cultural hub of the Middle East and plans to open a Frank Gehry-designed branch of the Guggenheim Museum in 2011. Seventy-eight-year-old Sheikh Sabah Al Sabah took over as emir of Kuwait last year after the crown prince was deemed too ill to ascend the throne; he wasted no time in voting for a significant raise in the royal family stipend.

The list's youngest member and the only one from sub-Saharan Africa is 39-year-old King Mswati III of Swaziland, with a net worth of $200 million. Almost every year, he chooses a new bride from among 20,000 naked bare-breasted virgins; so far, he has 13 wives and is building a palace for each. The list's only bachelor is Prince Albert II of Monaco. Best known as a playboy who fathered two children out of wedlock, he inherited the tiny principality that is just about the size of New York City's Central Park in 2005, after his father died.

Prince Albert's title, and much of his fortune, has been in his family for 700 years. But that's not unusual for these dynasties. Prince Hans-Adam II von und zu Liechtenstein, for instance, resides over a $4.5 billion fortune that stretches back 900 years and encompasses a
400-year-old art collection with 1,600 paintings, including 33 Rubens,
the largest such collection in private hands.

[Read article and Photo Gallery]

Advertisement
recommend This comment thread is now closed
PEP
PEP
flagged this story as Good Stuff

at 17:47 on September 2nd, 2007

merrie,  good stuff! I enjoyed this. Most people don't realize that Queen Elizabeth really is among the "poorer relations" in terms of the great family of royalty. As for me, I couldn't imagine having the money the article discusses. But I'd have a grand time giving lots and lots of money away!

This story was created over 3 months ago, the comment thread is now closed.

NowPublic on Facebook

What is NowPublic?

NowPublic lets people work together to cover news events around the world.

Find out more

Crowd Power

PEP
First Flagged at 5:47 PM, Sep 2, 2007 by PEP
These members have powered this story:

Most Recommended Stories in World

Recommendations (5)

Most recently recommended by:
 

closeSign in to NowPublic

is reporting from