Curated By: Business Desk
Last Updated: November 16, 2023, 17:11 IST
Maha Vajiralongkorn turned the king of Thailand in 2016.
King Maha Vajiralongkorn of Thailand is the proprietor of plenty of properties, and luxurious autos.
King Maha Vajiralongkorn of Thailand, also called King Rama X, is reputed to be one of many wealthiest people globally, with an estimated web price of 40 billion {dollars}, equal to Rs 3.2 lakh crore. Renowned for his opulent way of life, the Thai King’s wealth is primarily attributed to in depth property possession, together with 6,560 hectares or 16,210 acres of land unfold throughout Thailand. In addition to this huge landholding, King Rama X reportedly controls 40,000 hire contracts nationwide, with a staggering 17,000 contracts in Bangkok alone.
The Thai monarch’s monetary portfolio extends to important stakes in key enterprises, holding a 23% stake in Thailand’s second-largest financial institution, the Siam Commercial Bank, and a 33.3% stake within the nation’s largest industrial conglomerate, the Siam Cement Group.
Among the notable jewels in King Rama X’s possession is a brown Golden Jubilee diamond, thought-about the world’s largest and most costly diamond at roughly 545.67 carats, valued at round Rs 98 crore, in accordance with the Diamond Authority.
The monarch’s extravagant way of life can be mirrored in his spectacular assortment of 38 plane, together with helicopters, Boeing, Airbus plane, and a Sukhoi Superjet. The annual upkeep value for this airborne fleet quantities to a staggering Rs 524 crore. Furthermore, King Rama X boasts an in depth assortment of 300 luxurious automobiles, that includes Limousines and Mercedes Benz fashions.
Not confined to land and air, the Thai King can be the proprietor of a fleet of 52 boats, every adorned with gold carvings. This complete show of opulence underscores King Maha Vajiralongkorn’s standing as one of many world’s wealthiest figures.
