The family has four times more assets than billionaire Elon Musk and billionaire Bill Gates combined

The Saudi royal family is estimated to have a total net worth of $1.4 trillion, nearly four times the assets of Elon Musk and Bill Gates combined.​

King Salman bin Abdulaziz Al Saud, current head of the Saudi Royal Family. Photo: AFP

According to Forbes, the net worth of Elon Musk, the richest person in the world today, is about $251.5 billion. Meanwhile, Bill Gates, founder of Microsoft, has an estimated fortune of $119.6 billion. However, the assets of these two billionaires are only a small part of the Saudi Royal Family.

The Saudi Royal Family is one of the most powerful and wealthy families in the world. Their net worth is estimated at 1.4 trillion USD, nearly 4 times that of Elon Musk and Bill Gates combined. This family has a huge influence on the future of the Arabian Peninsula and the world energy environment.

According to a report by business consulting firm Brand Finance, the British Royal Family, currently headed by King Charles III, has a net worth of about 88 billion USD. This means that the Arab Royal Family is about 16 times richer than King Charles’ family.

The Arab royal family has more than 15,000 members, but most of its assets are controlled by about 2,000 people with status. They are descendants of the late King Abdulaziz bin Abdul Rahman, who founded the Kingdom of Saudi Arabia in 1932.

King Salman bin Abdulaziz Al Saud, who has ruled the country since 2015, currently heads the Saudi Royal Family. Mohammed bin Salman is the most famous son and heir to the throne. Crown Prince Mohammed bin Salman currently serves as Prime Minister of Saudi Arabia.

Huge oil fields were discovered in Saudi Arabia about seven decades ago, under King Abdulaziz bin Abdul Rahman. This is said to be the source of this family’s wealth. The Saudi royal family does not publicly disclose financial data, but its lavish lifestyle attracts a lot of public attention.

Related Posts

Meiyazhagan Trailer: Karthi, Arvind Swami in an emotional tale of two men

Meiyazhagan starring Karthi, Arvind Swami in the lead is an upcoming comedy drama that is slated to release on September 27, 2024. The movie, directed by C Prem…

Kamal Haasan’s Thug Life Sets New Record with 149.7 Crore OTT Deal, Surpassing Kollywood’s Biggest Films!

Mani Ratnam’s upcoming film Thug Life stars Kamal Haasan in the lead role. Raaj Kamal Films International (RKFI), Madras Talkies, and Red Giant Movies co-produced the film, which stars Kamal…

Lubber Pandhu Reviews: Celebrities in praise of Kollywood’s latest sports-drama Tamil Movie, Music Reviews and News

Lubber Pandhu starring Harish Kalyan and Attakathi Dinesh in the lead, released in theaters on September 20, 2024, and the sports-drama based on regional cricket has garnered a ton of…

‘The Deliverance’ trailer: Netflix spent a lot of money on this horror film from director Lee Daniels

Netflix reportedly paid $65 million for the rights to The Deliverance in a close bidding war, as you may recall, and the streaming service unveiled the film’s…

Mirrors 3: 2024 teaser trailer reveals chilling new horrors

The trailer for “Mirrors 3” has finally been released, promising to deliver a chilling experience for horror fans. This third installment of the “Mirrors” franchise, which is…

𝐓𝐡𝐞 𝐌𝐢𝐬𝐭 𝟐: 𝐒𝐡𝐚𝐝𝐨𝐰𝐬 𝐨𝐟 𝐃𝐞𝐬𝐩𝐚𝐢𝐫 — 𝐓𝐫a𝐢𝐥𝐞𝐫 𝐭𝐞𝐚𝐬𝐞𝐫 (𝟐𝟎𝟐𝟒)

Horror fans, get ready! The chilling and atmospheric horror film “The Mist” is back with a highly-anticipated sequel. “The Mist 2” promises to delve even deeper into…