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Thailand’s King Adulyadej is declared the world’s Richest Royal

BANGKOK: Thailand’s King Bhumibol Adulyadej has emerged as the world’s richest royal according Forbes magazine with an estimated worth of 35 billion dollars.

Thailand’s King Adulyadej is the longest reigning monarch in the world who has been on the throne for 68 years assuming the charge in June 1946.

Sheikh Khalifa bin Zayed al-Nahayan of the United Arab Emirates stood second with a net worth of 23 billion dollars. He is said to be the richest among all the royals in the Middle East.

King Abdullah of Saudi Arabia was ranked third, while Dubai’s Sheikh Mohammed Bin Rashid al-Maktoum with a net worth of 18 billion dollars was declared as the fifth richest royal.

The list which was published in the Forbes magazine ranked Sultan of Brunei as the 4th richest royal in the world and second richest monarch in the region of South East Asia with his assets priced at a total of 20 billion dollars which is said to be a decrease as compared to last year.

Adulyadej’s properties and investments are managed by the Crown Property Bureau (CPB) which is neither a private nor a government owned body.

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