Crown Prince Maha Vajiralongkorn has been proclaimed Thailand’s new king, 50 days after the death of his father, King Bhumibol Adulyadej.
Government of Thailand
|Royal Thai Government|
|Appointed by||HM The King of Thailand|
|Responsible to||National Assembly of Thailand|
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.
listen (help·info)) is the current ruling royal house of the Kingdom of Thailand , the head of the house being the monarch, and hence the head of state.
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.
Between 2015 and 2018, the poverty rate in Thailand increased from 7.2 percent to 9.8 percent, and the absolute number of people living in poverty rose from 4.85 million to more than 6.7 million. The increase in poverty in 2018 was widespread – occurring in all regions and in 61 out of 77 provinces.
The country faces problems with air, declining wildlife populations, deforestation, soil erosion, water scarcity, and waste issues. According to a 2004 indicator, the cost of air and water pollution for the country scales up to approximately 1.6–2.6% of GDP per year.
Thailand was actually known as Siam until 1939 (and again from 1945 to 1949). Siamese cats are native to Thailand . In Thailand , it is illegal to leave your house without underwear on. Thailand is the world’s largest exporter of rice. Thailand is a constitutional monarchy, much like England.
List of royalty by net worth
|1||Vajiralongkorn||King of Thailand|
|2||Hassanal Bolkiah||Sultan of Brunei|
|3||Salman bin Abdulaziz Al Saud||King of Saudi Arabia|
|4||Khalifa bin Zayed Al Nahyan||President of the United Arab Emirates Emir of Abu Dhabi|
Siam joined World War I siding with the allies, a political decision to amend the unequal treaties. Following a bloodless revolution in 1932, Siam became a constitutional monarchy and changed its official name to ” Thailand “.
The king currently resides in quarantine at the Grand Hotel Sonnenbichl in Germany. The King of Thailand’s titles include Head of State, Head of the Royal Thai Armed Forces, Adherent of Buddhism and Upholder of religions. Monarchy of Thailand .
|King of Thailand|
The King’s property portfolio and love of lakeside cycling may be the reason he regularly opts to reside in Germany as opposed to his birth country.
Since becoming a Western-style constitutional democratic monarchy in 1932, most of the time the country has been ruled by military governments. The disputes and struggles among the elites old and new, civilians, politicians, and military have occurred regularly since 1932.