The Saudi royal family, also known as the House of Saud, is one of the wealthiest families in the world. With vast oil reserves in their kingdom, the royal family’s wealth has grown exponentially over the past few decades. In this blog, we will discuss the members of the Saudi royal family and their wealth.
King Salman bin Abdulaziz Al Saud is the current king of Saudi Arabia and the head of the House of Saud. According to Forbes, his net worth is estimated to be around $18 billion, making him one of the richest royals in the world. King Salman has been the king of Saudi Arabia since 2015 and has also held various other high-level positions in the Saudi government over the years.
Crown Prince Mohammad bin Salman is the current heir to the throne and is also the de facto leader of the country. He has been in the public eye in recent years for his efforts to modernize the country, including allowing women to drive and opening up the country to tourism. His net worth is estimated to be around $7 billion, according to Forbes.
Other prominent members of the Saudi royal family include Prince Alwaleed bin Talal, who is known for his investments in companies like Citigroup and Twitter. His net worth is estimated to be around $20 billion, making him one of the wealthiest individuals in the world. Additionally, Prince Saud bin Al Faisal, who passed away in 2015, was the longest-serving foreign minister in the world and was also a member of the royal family. His net worth was estimated to be around $2 billion.
It is worth noting that the true extent of the Saudi royal family’s wealth is difficult to determine due to the secrecy surrounding their finances. The country does not have a tradition of disclosing the personal wealth of its citizens, including the royal family. Additionally, much of the royal family’s wealth is believed to be held in offshore accounts, which makes it difficult to track.
In conclusion, the Saudi royal family is one of the wealthiest families in the world, with a net worth estimated to be in the hundreds of billions of dollars. While exact figures are difficult to come by, the wealth of the royal family has allowed them to wield significant power and influence both within the country and on the global stage.