How big is the Saudi royal family

Saudi royal family: The royal family in Saudi Arabia is so rich

Palaces, super yachts, gold - the royals in Saudi Arabia live in luxury. They belong to the richest royal families in the world.

The Saudi royal family is said to be one of the richest in the world. According to "Mirror", the wealth of the ruling family of the Kingdom of Saudi Arabia is said to run to almost one trillion euros. In comparison: "Forbes" estimates the value of the British royal family at around 81 billion euros. The private fortune of Queen Elizabeth, 94, is said to be around 490 million euros.

Saudi Royal Family: Living in Luxury

According to estimates, Saudi Arabia ranks fourth among the wealthiest royal families in the world - there are no official data on the exact amount of wealth. The money is made through oil deals and spent on private luxuries - yachts, helicopters, gold and palaces.

Above all, Crown Prince Mohammed Bin Salman, 34, who is said to own around two and a half billion euros, is said to be happy to spend money on luxury and extravagance. He owns a 450 million euro super yacht, a 274 million euro chateau in France, two houses in London and a stretch of the south coast of Spain. It is also rumored that he wants to buy a football club, Newcastle United. The club currently plays in the Premier League in Great Britain. But his most expensive possession is probably the painting "Salvatore Mundi" by Leonardo da Vinci, which the Crown Prince is said to have bought for 400 million euros.

"I am a rich person"

But the 34-year-old does not want to speak publicly about how high the crown prince's fortune actually is. "I am a rich person and I am not a poor person. I am not Ghandi or Mandela. I am a member of the ruling family that has existed for hundreds of years before Saudi Arabia was founded. We own a large amount of land" , he revealed in an interview with "CBS". He donates a large part to charitable organizations.

The Crown Prince is Minister of Defense and Deputy Prime Minister of Saudi Arabia at the same time. He is seen as the driving force behind King and Father Salman ibn Abd al-Aziz, 84, who has sat on the Saudi throne since 2015. Three years ago, Mohammed Bin Salman launched a major anti-corruption campaign in his country. Previously, 18 billion euros a year had disappeared from the state treasury. As a result, Prince Al-Waleed bin Talal, 65, the richest man in Saudi Arabia, was also arrested. He is said to have bought himself out of prison for a sum of around 86 billion euros. He is said to own several properties, including a private zoo, a cinema and three lakes.

According to "Forbes" only the royal families of the United Arab Emirates, Brunei and Thailand are said to be wealthier than the Saudi royal family.

Sources used:Mirror, Forbes, CBS, Manager Magazine

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