After his coronation, the king gave out $32 billion in the form of grants, investments and bonuses, reports the New York Times. With an estimated net worth of US$2.1 billion, King Mohammed VI of Morocco ranks amongst the world’s richest royals. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. 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. André 3000 Net Worth 2019 – How Rich is Andre 3000? These offers do not represent all available deposit, investment, loan or credit products. Please try again later. King Mohammed VI. Read on to find out more about the fortunes of the wealthiest royals. Starting to invest? Sign up for more financial tips and tricks! 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. While it’s relatively simple to predict his income, it’s harder to know how much Mohammed has spent over the years. Queen Margrethe has been queen since 1972 and has a well-cushioned allowance. King Mohammed VI holds the distinction of being Africa’s richest monarch. In fact, the Swedish king had recently announced the removal of five grandchildren from the Royal House to ease the burden on taxpayers. 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 compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The European royal families may be the most high-profile monarchies, but contrary to what you may believe, they are not the richest. He currently resides in Morocco. 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. Continue to the next page to see Mohammed VI of Morocco net worth, estimated salary and earnings. Country: Netherlands. 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 Microsoft may earn a commission when you purchase a product or … Net worth: $2.1 billion Country: Morocco. 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. Meet the top 10 richest ruling royals in the world, ranked by their billion-dollar net worths. He’s been married to Queen Silvia since 1976, and they have three children. Moulay Hassan (born May 8, 2003) is famous for being prince. Lia is now based in the Washington, D.C. area and continues to work on national and local writing contracts. 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. King Mohammed VI ascended to the throne in July 1999, upon his father’s death. Her bachelor’s degree is in Broadcast News. 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. Mohammed VI of Morocco – Net Worth: – $2.5 billion; First in our list is the Morrocan Monarch also the president. 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 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. 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. Scripps School of Journalism at Ohio University. Go to next page for details on Mohammed VI’s net worth and earnings. King Mohammed, right, meeting the Duchess of Sussex, left, in Morocco in February 2019. The royal family’s net worth includes private ownership of Solliden Palace, a summer home on the Baltic island of Oland. Queen Beatrix is the most famous figure when it comes to Dutch royalty, although she abdicated the throne after 33 years in 2013. 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. His Majesty King Harald V of Norway has held the throne since Jan. 17, 1991, and is one of the most powerful world leaders. The couple has two children and five grandchildren. © 2020 GOBankingRates. Net worth: $2.1 billion Country: Morocco. 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. King Mohammed IV also has shares in agricultural group Les Domaines Agricoles—founded by Hassan II—through his holding company Siger. 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. 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. 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. 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. However, much of his wealth comes from his personal fortune, including real estate and a stake in Shell Oil. The Danish Civil List grants the royal family $12.8 million for the year. The family also leases their country residence of Stenhammar Castle from the state government. He ascended to the throne when his father, King Hassan II, died in 1999. With a current net worth of $2.5 billion, Mohammed VI is perhaps best recognized as the King of Morocco. It was decided upon his birth that, should he become king as expected, he would rule as Hassan III of Morocco. Mohammed VI, Hassan II’s oldest son, inherited the throne upon his father’s death. His fortune can be credited to his control of the massive holding company Société Nationale d’Investissement, which is worth more than $10 billion. According to Business Insider, Willem-Alexander’s budget covers the cost of oversea tours and official visits. 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. She has written and produced television news stories in the Los Angeles area and Charleston, S.C. 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. Click through, and take a peek inside the wealth of some of the most prominent royal family members. 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. The True Heirs to Air: Athletes Earnings Most of Their Cash From Endorsements, 10 photos. #5 Mohammed VI, King of Morocco Net worth: US$8.2 billion. 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. He was birthed August 1963 in Rabat, the capital of Morocco. billionaires 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. Allegedly, Mohammed spends $1 million a day to operate his personal palaces. His net worth is up to $3 billion. The king of Norway married Queen Sonja in September 1968, and they reside in Oslo at the Royal Palace. Mohammed VI (Arabic: محمد السادس‎; Berber languages: ⴰⴳⵍⵍⵉⴷ ⵎⵓⵃⴰⵎⵎⴷ ⵙⴷⵉⵙ agllid muhammd sdis; born 21 August 1963) is the King of Morocco. He controls Moroccan investment holding company Societe Nationale d’Investissement, whose assets are estimated to be worth more than R141 billion. 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. 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. About Sidi Mohammed. king carl XVI Gustaf Don't forget to add news@email.gobankingrates.com as a contact to ensure you receive our emails to your inbox! Mohammed VI of Morocco’s net worth. queen elizabeth Rank # 9. net worth Prince Henrik, the husband of Margrethe, and Princess Benedikte, the queen’s sister, both get a small slice of the cash. Explore Mohammed VI's biography, personal life, family and real age. 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. Who, then, are the richest royals in the world? king maha vajiralongkorn. Allegedly, Mohammed spends $1 million a day to operate his personal palaces. Whatever your 2021 financial goals are, we can get you on the right track! 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. He has an estimated net worth of R81 billion, according to Forbes. The 72-year-old’s fortune is in the exports of oil and natural gas. 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. 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. 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. King Mohammed VI, Morocco In order to provide you with the best possible experience, this website uses cookies. How Will Queen Elizabeth and Prince Philip Celebrate Their 73rd Wedding Anniversary? King Mohammed VI of Morocco net worth: King Mohammed VI is the current King of Morocco. Funds for the king’s official duties are covered by the Court Administration and totaled approximately $7.6 million in 2015. Albert’s massive fortune also includes an antique car collection, a stake in a Monte Carlo resort and a pricey stamp collection. King Carl XVI took the crown in 1973 when he was just 27 years old. But that’s peanuts to what the king of Spain is worth. For more information, please refer to our Privacy Policy. 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(Related: Meet 10 Self-Made Billionaires Who Are On Forbes Singapore's Richest List 2019). In 2012, Lia began to freelance write on the side about higher education and careers for Yahoo! He has a net worth of $2.1 billion. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. His source of income is from the King of Morocco inheritance. (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 The 67-year-old ascended the throne of Thailand in 2016, after the death of his father, the late King Bhumibol Adulyadej. He belongs to the Alaouite dynasty and ascended to the throne on 23 July 1999 upon the death of his father, King Hassan II. King Mohammed VI Net worth . Its total assets are estimated to be $828 billion. 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. Country: Saudi Arabia. King Mohammed VI's net worth - know his net worth and salary Lia can be reached by emailÂ. His wealth comes mostly from investments. 1. Javascript is disabled!common.-_please_enable_js, The wealthiest royal has a net worth of US$43 billion, and it's not Queen Elizabeth. Much of the British royal family’s net worth comes from the Crown Estate, although it isn’t actually owned by the queen. 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). 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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. The family’s royal lifestyle still cost the country $8.9 million in 2015, just as it did the previous year. The most comprehensive In-Play service. King Mohammed VI ascended to the throne in July 1999, upon his father’s death. 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. Net worth: $500 million Lia Sestric is a Pittsburgh native and graduate from E.W. 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 ascended to the throne in July 1999, upon his father’s death. millionaires These lucky few lived out princess and prince dreams. King Salman bin Abdulaziz Al-Saud of Saudi Arabia came to power on Jan. 23, 2015. There was an unknown error. Schalke fotografie | Melissa Sch / Shutterstock.com, Frederic Legrand - COMEO / Shutterstock.com. © 2020 Tatler Asia Limited. Are you saving for a house? monarchy Online estimates of Mohammed VI of Morocco’s net worth vary. prince charles View this Person. Still, to this day, her wealth is estimated to be $200 million. Finance. Allegedly, Mohammed spends $1 million a … 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. Interestingly, the King also has made a rather unique push to lead Morocco towards democracy by ordering regular elections in the country. 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. You can follow her on Twitter @liasestric and Facebook @LSHWrites. Spain’s royal family also reportedly likes to vacation to this particular hot spot during the summer. Facebook. These offers do not represent all available deposit, investment, loan or credit products. Related Posts. Discover the real story, facts, and details of Mohammed VI. 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.. 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. 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. King Mohammed VI of Morocco 1. prince albert ii forbes 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. King Mohammed VI was born as Sidi Mohammed … Net worth: $1 billion Country: ... King Mohammed VI ascended to the throne in July 1999, upon his father's death. 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 was once the richest man in the world, with an estimated net worth of $40 billion. The Swedish royal family is among the wealthiest in Europe. King Felipe VI slashed his own salary by 20 percent in 2015 to $267,447, according to CNBC. Prior to taking the throne, he reportedly rented out three entire resorts in the Maldives for an estimated $30 million vacation. Who Are The Richest Royals In The World And How Much Are They Worth? Allegedly, Mohammed spends $1 million a day to operate his personal palaces. Royal families of the world have captivated society with their lavish lifestyles that include magnificent palaces and servants to take care of every need. 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. All rights reserved. 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. King Mohammed VI, Morocco Richest King In Africa 2020. The budget for the current monarch of the Netherlands, King Willem-Alexander, was $47 million in 2015. King Mohammed VI of Morocco. richest royals 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. 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. 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.. Reuters reported that the bureau has new developments in the works, amounting to some $4.7 billion. 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. He is the reigning leader of Morocco. 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. Salman might lead a lavish lifestyle, but he also generously gives to the Saudi public. King Mohammed VI. Sign up for our newsletters to get all our top stories delivered. monamona-December 21, 2019. 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. Born in 1963 in Rabat, Mohammed VI is the 23rd monarch of … He took over the throne as King in the year 1999 after the death of his father. King Mohammed VI of Morocco has an estimated net worth of $ 2.1 billion. 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. 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