CEOWORLD magazine

5th Avenue, New York, NY 10001, United States
Phone: +1 3479835101
Email: info@ceoworld.biz
CEOWORLD magazine - Latest - Money and Wealth - How the House of Saud Outshines the British Royal Family in Global Wealth Rankings

Lifestyle and TravelMoney and Wealth

How the House of Saud Outshines the British Royal Family in Global Wealth Rankings

While the British Royal Family’s estimated wealth stands at around $87 billion, they are far from the world’s wealthiest royals. In the UK, the Royal Family’s assets come primarily from tangible properties and the value associated with their brand. Key sources of income include the Duchy of Cornwall and the Duchy of Lancaster, estates that encompass land, property, and other holdings directly linked to the Sovereign. Among these assets, the Savoy Hotel and Somerset House are part of the Duchy of Lancaster, which has net assets totaling approximately $755.4 million. King Charles’s personal fortune is estimated to be around $772 million, placing him as the 258th wealthiest individual in the UK.

In stark contrast, the House of Saud—the ruling royal family of Saudi Arabia—is the wealthiest royal family in the world, with a net worth of $1.4 trillion. This figure is four times greater than the combined wealth of Elon Musk and Bill Gates. Musk, currently the world’s richest man, has a net worth of $304 billion, while Bill Gates, known for his philanthropy following his success with Microsoft, has a fortune of $105 billion.

The House of Saud’s wealth is estimated to be around 16 times greater than that of the British Royal Family. This extraordinary fortune, largely rooted in Saudi Arabia’s immense oil reserves, enables a lifestyle marked by opulent palaces, fleets of private jets, lavish yachts, and a valuable art collection. Such enormous wealth is a common trait among Middle Eastern royal families, many of whom saw a dramatic increase in both power and fortune following the collapse of the Ottoman Empire after World War I.

The wealth of these monarchies, particularly those in the Gulf region, continues to thrive thanks to the exploitation of the region’s abundant natural resources, a key factor in their enduring prosperity.

 

Have you read?
Countries: Women in the workforce.
Countries: Personal space.
World’s Most (And Least) Religious Countries.
Best Countries to Invest In Travel, Tourism, and Hospitality.
Most Forested Countries In The World.


Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine' prior written consent. For media queries, please contact: info@ceoworld.biz
CEOWORLD magazine - Latest - Money and Wealth - How the House of Saud Outshines the British Royal Family in Global Wealth Rankings
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz