Although there are many uber-rich people across the world, those with wealth and royalty, are even more fascinating.
Looking at the richest royal families around the globe it is obvious that those from oil-rich countries are predominant today, according to Insider magazine’s February issue.
Specifically, only one European royal family, the British, is among the top five.
1) The royal family Of Saudi Arabia
Its current king is Salman bin Abdulaziz Al Saud. The royal family comprises around 15,000 members and has a net worth of around $1.4 trillion. This vast wealth comes from the country’s vast oil reserves.
2) The royal family Of Kuwait
The current Emir of Kuwait is Sabah Al-Ahmad, who is also the commander-in-chief of the Armed Forces. Their net worth is $360 billion. Most of the family’s income comes from the oil reserves and numerous wise investments in U.S. stocks that have skyrocketed in value.
3) The royal family of Qatar
The only family to emerge as a wealth record holder, surprisingly, ranks third on this list. The royal family of Qatar is headed by Sheikh Tamim bin Hamad Thani, who also ranks ninth in the top 10 richest royals, with a net worth of $1.2 billion. The family’s net worth is reported at $335 billion, created by owning large stakes in companies like Tiffany & Co, Empire State Building and Volkswagen.
4) The royal family of Abu Dhabi
The fourth richest royal family in the world — Sheikh Khalifa bin Zayed Al Nahyan, Emir of Abu Dhabi and President of the United Arab Emirates (since 2004) is the head of this family. The family fortune is estimated at $150 billion, much of which their oil companies bear.
5) The British royal family
The British royal family is one of the most influential royal families across the globe. According to Forbes, the British Royal family is worth $88 billion, much of which comes from a Sovereignty Grant from the Crown Estate and some real estate investments. Although King Charles III inherited $500 million, he does not own his late mother’s $42 billion portfolio.