8 Richest Muslim Royals of the World in 2015
Every child dreams of being a prince or a princess; to live in a fairytale castle and rule the people from a diamond encrusted throne. However, very few are born in royal families and inherit unimaginable wealth from their ancestors. We have compiled this amazing list of 8 of the richest Muslim royals of the world. The wealth of these mighty monarchs has a lot to do with their inherited money but it takes some doing to maintain it and make it grow. Some of the royals who have made to our coveted list may have earned a large share of their fortune through investments and business ventures while the others owe their richness to the massive natural resources of their countries. Let’s see who are the richest Muslim royals of the world in 2015.
8 – Sabah Al-Ahmad Al-Jaber Al-Sabah (Emir of Kuwait)
Net Worth: $400 million
Currently the Emir of Kuwait, Sheikh Al-Sabah remained the foreign minister of the country for almost four decades. He is considered one of the most vociferous proponents of women’s rights in the Middle East. During his reign, he passed a law which increased his annual stipend from $25 million to $188 million.
7 – Qaboos bin Said al Said (Sultan of Oman)
Net Worth: $700 million
An aficionado and avid fan of classical music, the Sultan of Oman maintains a personal orchestra of 120 members which is renowned all over the Middle East. He is the Chief of Staff of the Armed Forces, Minister of Defence, Minister of Foreign Affairs and Chairman of Central Bank all at once. He is the owner of the luxury super-yacht which contains a helipad, an orchestra and a swimming pool. He also owns stakes in the Wave, a $2.5 billion mixed-use beachfront development enterprise.
6 – King Mohammed VI (Morocco)
Net Worth:$2.1 billion
A leading businessman and banker, the King of Morocco inherited almost 40% stakes in a formerly state-owned investment company that has controlling stakes in the country’s largest bank. The country’s lone phosphate mine also belongs to the King who has been able to attract around 10 million tourists annually to his country. The daily operating budget of the King’s palace is about $960,000 which is mostly spent on the expense of personnel, clothes and car repairs.
5 – Hamad bin Khalifa Al Thani (Former Emir of Qatar)
Net Worth:$2.4 billion
Currently the Sheikh of the richest country in the world, Hammad has been able to realise his dream of turning Qatar from a small desert backwater into a major world power. The average income in the country is staggering $86,440 a year per person. Sheikh Hamad invested billions of dollars is businesses including Volkswagen, Total, Sainsbury’s, and Barclays bank and also owns the first pan-Arab satellite news channel, Al-Jazeera.
4 – Sheikh Mohammed bin Rashid Al Maktoum (Prime Minister of UAE)
Net Worth: $4.5 billion
A well known poet of native Arabic and the Emir of Dubai, Sheikh Mohammed is responsible for the launch of a number of major enterprises such as Emirates Airline, DP World and the Jumeirah Group, Dubai Internet City, Dubai Media City, the Dubai International Finance Centre, the Palm Islands and the iconic Burj Al Arab hotel. He also drove the construction of the Burj Khalifa, the tallest building in the world. The ruler of Dubai owns stables in the Middle East, Europe and the United States and happens to be the biggest spender in horseracing. He also owns almost 100 cars in the Dubai Palace and one of the largest yachts in the world.
3 – Khalifa bin Zayed Al Nahyan (President of UAE)
Net Worth: $15 billion
Member of the Al Nahyan family who collectively have a fortune of around $150 billion, the Emir of Abu Dhabi controls around 98 billion barrels of oil reserves. He is also a prominent philanthropist, and has spent over $460 million in humanitarian projects from his personal fortune. He spends most of his time in his 30-acres Seychelles estate.
2 – Sultan Hassanal Bolkiah (Brunei)
Net Worth: $20 billion
The Sultan has one of the most expensive and rarest car collections. Some speculations suggest that he owns over 7,000 cars costing a grand total of $789 million including Rolls-Royces, Ferraris, Lamborghinis, Bentleys, Bugattis and Koenigseggs. The king flies his own Boeing 747-400 and has a Rolls-Royce coated with 24 carat gold. His palaces consists of 1,800 rooms including 257 bathrooms, banquet hall for 5,000 guests, a mosque accommodating 1,500 people, a garage with space for 110 cars, an air conditioned stable for 200 horses and 5 swimming pools. It was completed in 1984 at the cost of $1.4 billion.
1 – King Abdullah bin Abdul Aziz Al Saud (Saudi Arabia)
Net Worth: $21 billion
The King of Saudi Arabia died on January 23, 2015 but he owned the world’s second largest crude oil deposit of over 265 billion barrels. For holidays, the King maintained a large palace complex with several residential compounds in Casablanca, Morocco. It is equipped with two heliports and is surrounded by large mansions on 133 acres of vegetation.