These offers do not represent all available deposit, investment, loan or credit products. Spain’s royal family also reportedly likes to vacation to this particular hot spot during the summer. It’s rumored the Norwegian monarchy costs the state $72.3 million per year, which includes $17.3 million spent on police escorts and another $18.4 million on other royal expenses — neither of those expenses accounted for by the state’s official Royal House budget of $36.6 million. The True Heirs to Air: Athletes Earnings Most of Their Cash From Endorsements, 10 photos. Lia Sestric is a Pittsburgh native and graduate from E.W. The net worths of royal family members vary greatly by country, but their wealth is still more than what the average person will see in a lifetime. Discover the real story, facts, and details of Mohammed VI. Related Posts. Thanks to his family's ownership of Morocco's National Investment Company, a private holding company that invests in other African countries, King Mohammed VI's net worth is a tidy $5.7 billion. He controls Moroccan investment holding company Societe Nationale d’Investissement, whose assets are estimated to be worth more than R141 billion. Finance. Mohammed VI of Morocco’s net worth. The family also leases their country residence of Stenhammar Castle from the state government. King Mohammed VI is considered to be one of the richest royals and his net worth is $2.5 billion. He may be one of the most controversial monarchs in Thailand’s history, but King Maha Vajiralongkorn is also the richest royal in the world. Facebook. Albert’s massive fortune also includes an antique car collection, a stake in a Monte Carlo resort and a pricey stamp collection. King Mohammed VI of Morocco has an estimated net worth of $ 2.1 billion. The Richest King In Africa Currently is none other than His Majesty King Mohammed VI of Morocco. Add reviews and photos for The Andrew Azoulay Team at Douglas Elliman Real Estate. The sultan was famous for his lavish spending in earlier years, from commissioning the $1.4 billion Istana Nurul Iman (the world’s largest residential palace) to his collection of more than 500 Rolls-Royces. In 2016, it was revealed through the Panama Papers that he owned luxury properties in London amounting to more than $1.7 billion via shell companies. King Mohammed VI holds the distinction of being Africa’s richest monarch. For more information, please refer to our Privacy Policy. Interestingly, the King also has made a rather unique push to lead Morocco towards democracy by ordering regular elections in the country. All Right Reserved. While it’s relatively simple to predict his income, it’s harder to know how much Mohammed has spent over the years. (Related: These Are The 10 Richest Women In The World), #6 Hans-Adam II, Prince of LiechtensteinNet worth: US$7.2 billion, #7 Sheikh Mohammed bin Rashid Al Maktoum, Emir of Dubai, U.A.ENet worth: US$4 billion, #8 Henri, Grand Duke of LuxembourgNet worth: US$4 billion, #9 Sheikh Tamim bin Hamad Al Thani, Emir of QatarNet worth: US$2.1 billion, #10 Albert II, Prince of MonacoNet worth: US$1 billion, #11 Elizabeth II, Queen of the United KingdomNet worth: US$520 million, #12 Charles, Prince of WalesNet worth: US$420 million, #13 Carl XVI Gustaf, King of SwedenNet worth: US$70 million, #14 Margrethe II, Queen of DenmarkNet worth: US$40 million, #15 Prince William, Duke of CambridgeNet worth: US$40 million, #16 Prince Harry, Duke of SussexNet worth: US$40 million, #17 Harald V, King of NorwayNet worth: US$30 million, #18 Prince Philip, Duke of EdinburghNet worth: US$30 million, #19 Felipe VI, King of SpainNet worth: US$20 million, #20 Kate Middleton, Duchess of CambridgeNet worth: US$10 million, (Related: 21 European Royals You Should Follow On Instagram), The Scene prince charles Rank # 9. He has a net worth of $2.1 billion. Its total assets are estimated to be $828 billion. She has written and produced television news stories in the Los Angeles area and Charleston, S.C. The value is estimated at $14.8 billion, when adding together all the properties in the U.K. Abdullah II became the king of Jordan when his father King Hussein passed away in February 1999. Net worth: $500 million Based on the most recent net worths available, Queen Elizabeth II—whose net worth is estimated to be US$520 million (S$712 million)—placed 11th, behind Prince Albert II of Monaco. Country: Saudi Arabia. Lia can be reached by emailÂ. The couple has two children and five grandchildren. Mohammed VI of Morocco is a member of famous people who are known for being a King, celebrities who are 57 years old, was born in August, in the year 1963.His zodiac sign is Leo. © 2020 Tatler Asia Limited. Inheriting the Moroccan throne from his late father King Hassan II, King Mohammed VI has reigned for 20 years despite the country’s volatile socio-economic and political situation. Previously under the supervision of the Finance Ministry, this changed when King Maha Vajiralongkorn placed the bureau under his control in 2017, granting him full personal ownership of its assets. King Mohammed VI ascended to the throne in July 1999, upon his father’s death. His notable campaigns as the ruler of Saudi Arabia include the Saudi intervention in the Yemeni Civil War, a 2017 decree allowing Saudi women to drive, and a corruption crackdown on Saudi Arabian royalty, politicians, and businessmen, led by his son Crown Prince Mohammad bin Salman. King Felipe VI slashed his own salary by 20 percent in 2015 to $267,447, according to CNBC. The family’s royal lifestyle still cost the country $8.9 million in 2015, just as it did the previous year. king carl XVI Gustaf But that’s peanuts to what the king of Spain is worth. Monaco is half the size of Central Park in New York, and Prince Albert II is said to own about a fourth of its land. Her work frequently appears onÂ, major sites like Yahoo, The Huffington Post, MSN, Entrepreneur, Business Insider, USA Today, in addition to GOBankingRates.Â, You can follow her on Twitter @liasestric and Facebook @LSHWrites. Her eldest son and heir apparent, Prince Charles, ranked 12th with a net worth of US$420 million, six times of King Carl XVI Gustaf of Sweden's US$70 million, who was placed at 13th. The Thai royal family’s wealth is held in the Crown Property Bureau, an agency that manages the properties of the crown of the Kingdom of Thailand. A shrewd businessman, he holds a 35 per cent stake in Societe Nationale d'Investissement (SNI), a private holding company with total assets amounting to $12.2 billion in 2017. His Majesty King Harald V of Norway has held the throne since Jan. 17, 1991, and is one of the most powerful world leaders. Microsoft may earn a commission when you purchase a product or … He ascended to the throne when his father, King Hassan II, died in 1999. Jacques Azoulay net worth: Jacques Azoulay is a French business man who has a net worth of $10 million dollars. Queen Elizabeth II is the richest member of the British royal family as well as the longest-reigning monarch in British history, crowned in June 1953. This includes 6,560 hectares of land in Thailand, with 40,000 rental contracts nationwide, and shares in Siam Cement Group and Siam Commercial Bank worth up to $9 billion. Continue to the next page to see Mohammed VI of Morocco net worth, estimated salary and earnings. Reuters reported that the bureau has new developments in the works, amounting to some $4.7 billion. Salman might lead a lavish lifestyle, but he also generously gives to the Saudi public. Queen Beatrix is the most famous figure when it comes to Dutch royalty, although she abdicated the throne after 33 years in 2013. Mohammed VI (Arabic: محمد السادس ‎; Berber languages: ⴰⴳⴳⵍⵉⴷ ⵎⵓⵃⴰⵎⵎⴷ ⵙⴷⵉⵙ agglid muhammd sdis; born 21 August 1963) is the King of Morocco.He belongs to the Alaouite dynasty and ascended to the throne on 23 July 1999 upon the death of his father, King Hassan II.. Allegedly, Mohammed spends $1 million a day to operate his personal palaces. The king of Norway married Queen Sonja in September 1968, and they reside in Oslo at the Royal Palace. Lia can be reached by email lia.sestric@gmail.com. According to Forbes, much of his wealth comes from phosphate mining, agriculture and a stake in Morocco's largest public company, Omnium Nord Africain (ONA Read on to find out more about the fortunes of the wealthiest royals. According to Business Insider, Willem-Alexander’s budget covers the cost of oversea tours and official visits. 1. King of Saudi Arabia, Prime Minister of Saudi Arabia, and Custodian of the Two Holy Mosques, King Salman has reigned as the country’s absolute monarch since 2015. These offers do not represent all available deposit, investment, loan or credit products. King Mohammed VI. 2. Previously under the supervision of the Finance Ministry, this changed when King Maha Vajiralongkorn placed the bureau under his control in 2017, granting him full personal ownership of its assets. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Mohammed VI (Arabic: محمد السادس ‎; Berber languages: ⴰⴳⴳⵍⵉⴷ ⵎⵓⵃⴰⵎⵎⴷ ⵙⴷⵉⵙ agglid muhammd sdis; born 21 August 1963) is the King of Morocco.He belongs to the Alaouite dynasty and ascended to the throne on 23 July 1999 upon the death of his father, King Hassan II.. View this Person. Net worth: $200 million The conglomerate has a diverse portfolio of investments, including the country’s largest bank, Attijariwafa; mining company Managem Group; energy firm Nareva; sugar producer Cosumar; supermarket chain Marjane; and dairy firm Centrale Danone. Meet the top 10 richest ruling royals in the world, ranked by their billion-dollar net worths. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. The budget for the current monarch of the Netherlands, King Willem-Alexander, was $47 million in 2015. All rights reserved. About Sidi Mohammed. Javascript is disabled!common.-_please_enable_js, The wealthiest royal has a net worth of US$43 billion, and it's not Queen Elizabeth. Mohammed VI is a member of famous people who are known for being a King, celebrities who are 57 years old, was born in August, in the year 1963.His zodiac sign is Leo. Mohammed VI of Morocco – Net Worth: – $2.5 billion; First in our list is the Morrocan Monarch also the president. The Swedish royal family is among the wealthiest in Europe. Go to next page for details on Mohammed VI of Morocco’s net worth and earnings. When his father, King Hassan, died in 1999, he inherited a 35% share in a holding company that has stakes in the country's largest bank, Attjariwafa. In fact, the Swedish king had recently announced the removal of five grandchildren from the Royal House to ease the burden on taxpayers. Explore Mohammed VI's biography, personal life, family and real age. Online estimates of Mohammed VI of Morocco’s net worth vary. Sheikh Khalifa is the President of the United Arab Emirates (U.A.E), the Supreme Commander of the Union Defence Force, and the Emir of Abu Dhabi—the richest emirate in the U.A.E. Net worth: $2.1 billion Country: Morocco. King Carl XVI took the crown in 1973 when he was just 27 years old. Sign up for more financial tips and tricks! The 67-year-old ascended the throne of Thailand in 2016, after the death of his father, the late King Bhumibol Adulyadej. In fact, the royal family has eight royal palaces and five royal county residences at their disposal, although Spain’s National Heritage group manages them, according to Business Insider. He was once the richest man in the world, with an estimated net worth of $40 billion. In 2011, he authored the book “Our Last Best Chance: The Pursuit of Peace in a Time of Peril.” Abdullah also invested in the Star Trek theme park that is part of the $1.55 billion Red Sea Astrarium. With a current net worth of $2.5 billion, Mohammed VI is perhaps best recognized as the King of Morocco. King Mohammed IV also has shares in agricultural group Les Domaines Agricoles—founded by Hassan II—through his holding company Siger. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Who, then, are the richest royals in the world? Tips To Keep Your Finances in Order Without Sacrificing What You Want, The Downsides of Retirement That Nobody Talks About, 50 Easy Things You Should Do To Save Money, Meghan Markle and More Americans Made Royal by Marriage, The Most Surprising Stock Market Trends of 2020, Where Experts Think Congress Should Spend Stimulus Money, The 50 Best Places To Buy a Home for Under $250,000, What Happened When These Places Raised the Minimum Wage to $15, How Much the Model T and 11 Other Best Fords From Every Decade Are Worth Today, Most Profitable Holiday Movies of All Time. Mohammed VI, Hassan II’s oldest son, inherited the throne upon his father’s death. Scripps School of Journalism at Ohio University. His real estate portfolio also includes the Philadelphia-area childhood home of his mother, Oscar-winning actress Grace Kelly, which he purchased in 2016 for a reported $754,000. Starting to invest? The bulk of the money covers the cost of the queen’s activities and the royal household’s operations, in addition to private expenses, such as the queen’s royal art collections, according to Business Insider. King Salman bin Abdulaziz Al-Saud of Saudi Arabia came to power on Jan. 23, 2015. Morocco's King Mohammed VI is worth $5.7 billion. richest royals He has an estimated net worth of R81 billion, according to Forbes. As a monarch of the oil-rich state, his fortune comes from its oil reserves, and he is the chairman of Supreme Petroleum Council. He took over the throne as King in the year 1999 after the death of his father. King Mohammed VI ascended to the throne in July 1999, upon his father’s death. Funds for the king’s official duties are covered by the Court Administration and totaled approximately $7.6 million in 2015. #5 Mohammed VI, King of Morocco Net worth: US$8.2 billion. He is the reigning leader of Morocco. The royal family’s net worth includes private ownership of Solliden Palace, a summer home on the Baltic island of Oland. The answer lies in Asia and the Middle East, with Thailand's King Maha Vajiralongkorn leading the list with a whopping US$43 billion. King Mohammed VI of Morocco 1. The European royal families may be the most high-profile monarchies, but contrary to what you may believe, they are not the richest. He enjoys a number of perks as king, including his own jail, a luxury yacht the length of a football field and his private residence, Erga Palace, where even the tissue box is made out of gold. billionaires How Will Queen Elizabeth and Prince Philip Celebrate Their 73rd Wedding Anniversary? Sign up for our newsletters to get all our top stories delivered. The head of the House of Saud, most of his wealth is tied up in oil reserves and investments, though his personal business interests are not publicly acknowledged. This is the richest King in Africa. Allegedly, Mohammed spends $1 million a day to operate his personal palaces. queen elizabeth He has been ruling Morocco for 15 years and counting, the position he rose to as a result of the death of his father, King Hassan II. After his coronation, the king gave out $32 billion in the form of grants, investments and bonuses, reports the New York Times. King Mohammed VI Net worth . He ascended the throne of his ancestors in July 1999 become the 23rd king of the Alaouite dynasty which began to reign in the middle of the 17 th century. With an estimated net worth of US$2.1 billion, King Mohammed VI of Morocco ranks amongst the world’s richest royals. King Mohammed VI was born as Sidi Mohammed … King Mohammed VI's net worth - know his net worth and salary In 2012, Lia began to freelance write on the side about higher education and careers for Yahoo! The 72-year-old’s fortune is in the exports of oil and natural gas. Born in 1963 in Rabat, Mohammed VI is the 23rd monarch of … This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). In order to provide you with the best possible experience, this website uses cookies. Mohammed VI (Arabic: محمد السادس‎; Berber languages: ⴰⴳⵍⵍⵉⴷ ⵎⵓⵃⴰⵎⵎⴷ ⵙⴷⵉⵙ agllid muhammd sdis; born 21 August 1963) is the King of Morocco. Royals © 2020 GOBankingRates. Country: Netherlands. These lucky few lived out princess and prince dreams. The world’s second longest-reigning current monarch—after, He was once the richest man in the world, with an estimated net worth of $40 billion. monarchy He belongs to the Alaouite dynasty and ascended to the throne on 23 July 1999 upon the death of his father, King Hassan II. The most comprehensive In-Play service. It was decided upon his birth that, should he become king as expected, he would rule as Hassan III of Morocco. Much of the British royal family’s net worth comes from the Crown Estate, although it isn’t actually owned by the queen. Don't forget to add news@email.gobankingrates.com as a contact to ensure you receive our emails to your inbox! Net worth: $2.1 billion Country: Morocco. King Mohammed VI of Morocco net worth: King Mohammed VI is the current King of Morocco who has a net worth of $2.1 billion. He’s been married to Queen Silvia since 1976, and they have three children. forbes King Mohammed VI of Morocco net worth: King Mohammed VI is the current King of Morocco. Whatever your 2021 financial goals are, we can get you on the right track! According to Forbes, much of his wealth comes from phosphate mining, agriculture and a stake in Morocco’s largest public company, Omnium Nord Africain (ONA). King of Morocco. His source of income is from the King of Morocco inheritance. King Mohammed VI, Morocco Lia is now based in the Washington, D.C. area and continues to work on national and local writing contracts. millionaires Allegedly, Mohammed spends $1 million a … net worth King Mohammed VI. His net worth is up to $3 billion. Go to next page for details on Mohammed VI’s net worth and earnings. King Mohammed VI ascended to the throne in July 1999, upon his father’s death. (Related: Meet 10 Self-Made Billionaires Who Are On Forbes Singapore's Richest List 2019). Mohammed VI Net Worth: $2.1 Billion. The sultan was famous for his lavish spending in earlier years, from commissioning the $1.4 billion Istana Nurul Iman (, Meet 10 Self-Made Billionaires Who Are On Forbes Singapore's Richest List 2019, Netflix's The Crown Has Stirred Controversy for Anti-Prince Charles Bias, Elon Musk is Now the Second Richest Person in the World. He currently resides in Morocco. Inheriting the Moroccan throne from his late father King Hassan II, King Mohammed VI has reigned for 20 years despite the country’s volatile socio-economic and political situation. The Danish Civil List grants the royal family $12.8 million for the year. Allegedly, Mohammed spends $1 million a day to operate his personal palaces. King Mohammed VI of Morocco. prince albert ii Are you saving for a house? The 71-year-old is also the chairman of the Abu Dhabi Investment Authority—one of the world’s largest sovereign wealth funds—which manages the Emirate’s excess oil reserves. This includes 6,560 hectares of land in Thailand, with 40,000 rental contracts nationwide, and shares in Siam Cement Group and Siam Commercial Bank worth up to $9 billion. King Mohammed, right, meeting the Duchess of Sussex, left, in Morocco in February 2019. Their net worth pales in comparison to the net worths of other ruling royals across the globe. Who Are The Richest Royals In The World And How Much Are They Worth? There was an unknown error. His large fortune is primarily due to his privately-owned bank LGT Group, and investments made through the Prince of Liechtenstein Foundation, which overseas forest, real-estate, and winery assets. king maha vajiralongkorn. The Palace Administration, including the Office of the Governor of the Royal Palaces and the Royal Collections, received nearly $7.4 million from the state in 2015. However, much of his wealth comes from his personal fortune, including real estate and a stake in Shell Oil. monamona-December 21, 2019. The world’s second longest-reigning current monarch—after Queen Elizabeth II—Sultan Hassanal Bolkiah of Brunei is also the second wealthiest royal in the world, with an estimated net worth of $28 billion. Please try again later. King Mohammed VI, Morocco Richest King In Africa 2020. Net worth: $1 billion Country: ... King Mohammed VI ascended to the throne in July 1999, upon his father's death. Her bachelor’s degree is in Broadcast News. Prince Henrik, the husband of Margrethe, and Princess Benedikte, the queen’s sister, both get a small slice of the cash. Schalke fotografie | Melissa Sch / Shutterstock.com, Frederic Legrand - COMEO / Shutterstock.com. Prior to taking the throne, he reportedly rented out three entire resorts in the Maldives for an estimated $30 million vacation. His wealth comes mostly from investments. He was birthed August 1963 in Rabat, the capital of Morocco. 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His fortune can be credited to his control of the massive holding company Société Nationale d’Investissement, which is worth more than $10 billion. Queen Margrethe has been queen since 1972 and has a well-cushioned allowance. Moulay Hassan, Crown Prince of Morocco is the son of King Mohammed VI and Princess Lalla Salma and was born heir to the Moroccan throne. Moulay Hassan (born May 8, 2003) is famous for being prince. You can follow her on Twitter @liasestric and Facebook @LSHWrites. Click through, and take a peek inside the wealth of some of the most prominent royal family members. Ascended to the throne in mohammed vi net worth 1999, upon his father, Hassan!, right, meeting the Duchess of Sussex, left, in in... Appearing on this site are from advertisers from which this website uses cookies, family and real age holding! Own salary by 20 percent in 2015, just as it did the previous.! 2019 ) Singapore 's richest List 2019 ) meet 10 Self-Made Billionaires are. 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