But since 2018, King Vajiralongkorn’s personal wealth and the monarchy’s overall wealth have been entwined. The day-to-day costs of running the monarchy, meanwhile, are paid for by Thai taxpayers, and the Thai Government allocated around $1.3 billion in this year’s budget.
Sineenat, 34, was the first royal consort in Thailand for almost a century. When she was given the title in July, it made her an official companion – but not a queen – of the king shortly after he married his fourth wife, Queen Suthida. Thai kings throughout the centuries took multiple wives – or consorts.
My taxes!” Thailand’s government has budgeted over $1 billion to finance the monarchy this year, despite the fact that King Maha Vajiralongkorn is one of the world’s wealthiest rulers, with an estimated $40 billion in assets.
Thai king richer than Brunei sultan & Saudi Arabia king He is thought to be the richest monarch in the world, with his personal wealth estimated to range from US$30 billion to US$43 billion (S$40 billion to S$58 billion), according to Reuters, South China Morning Post and business publication CEOWorld Magazine.
Perhaps the most well-known polygamist of all is the wise figure of King Solomon . He is believed to have had around 700 wives, and another 300 concubines, or mistresses.
The Thai tradition of multiple wives continues among different levels in Thai society although the strict legal situation in Thailand is that a man can only have one wife .
Having more wives was looked upon as a sign that you were wealthy and manly – you could afford to have a large family, and “take care” of many women. It tied you to vassals if you married into their family, ensuring their (and to them, your) loyalty.
The world’s richest king, his mysterious fortune and Thailand’s protesters who want answers. Thailand’s King Maha Vajiralongkorn is carried on a palanquin during his coronation in Bangkok in 2019.
List of royalty by net worth
|Rank||Name||Source of wealth|
|1||Vajiralongkorn||Investments derived from the Bureau of the Crown Property.|
|2||Hassanal Bolkiah||Profits from oil and gas industry.|
|3||Salman bin Abdulaziz Al Saud||Profits from oil industry.|
|4||Khalifa bin Zayed Al Nahyan||Investments from the Abu Dhabi Investment Authority.|
These are the richest kids in the world as of 2021: Prince George Alexander Louis – $1 billion. Phoebe Adele Gates – $1 billion. Blue Ivy Carter – $1 billion. Suri Cruise – $800 million. Knox Jolie Pitt and Vivienne Jolie Pitt – $200 million. Emme and Maxmilian Muniz – $200 million. Dannielynn Birkhead – $59 million.
King Bhumibol Adulyadej of Thailand died at the age of 88 on 13 October 2016 , after a long illness. A year-long period of mourning was subsequently announced. A royal cremation ceremony took place over five days at the end of October 2017.
King Maha Vajiralongkorn of Thailand is reportedly staying in the four-star Grand Hotel Sonnenbichl in the Bavarian Alps with an entourage of 20 women during the coronavirus outbreak.
The July protests were triggered by the impact of the COVID-19 pandemic and enforcement of the lockdown Emergency Decree and spread nationwide. On 3 August, two student groups publicly raised demands to reform the monarchy, breaking a long taboo of publicly criticising the monarchy.