What is the net worth of Maha Vajiralongkorn??

The newly enthroned king of Thailand, Maha Vajiralongkorn, was carried on a golden palanquin during the coronation procession on May5,2019 in Bangkok. According to Getty Images, photo by Linh Pham.

Name: Maha Vajiralongkorn

Net worth: $30 billion

Gender: male

Date of birth: July 28, 1952

Age: 71 years

Nationality: Thailand

Profession: King of Thailand

Maha Vajiralongkorn, the King of Thailand, holds the title of the richest monarch in the world. His net worth is estimated to be between 30 and 70 billion dollars. As the only son of King Bhumibol Adulyadej and Queen Sirikit, he was appointed heir to the throne by his father in 1972 when he was just 20 years old. As the Commander-in-Chief of the Royal Thai Armed Forces, Maha Vajiralongkorn plays a significant role in protecting his country.

The main sources of income for Maha Vajiralongkorn include an extensive portfolio of real estate and investments that he inherited upon ascending to the throne. He manages these assets through the Bureau of the Royal Property, which includes 3,300 acres of real estate in Bangkok, approximately 13,200 acres of rural land, and an estimated 128 million acres of land worldwide. Additionally, Vajiralongkorn owns 32% of the shares in Siam Cement, valued at $13 billion, and 23% of the shares in Siam Commercial Bank, the largest bank in Thailand, as well as other investments.

As the King of Thailand, Maha Vajiralongkorn is not required to pay taxes to the state, and his wealth is primarily based on his extensive assets and investments. The Bureau of the Royal Property manages vast land holdings in Thailand, covering 16,210 acres. Nationally, it administers 40,000 lease agreements, of which 17,000 are located in the bustling capital, Bangkok. In the heart of Bangkok, the Bureau of the Royal Property owns approximately 3,281 acres of valuable land. These areas are situated in prestigious neighborhoods, including the central business district.

The biography of King Bhumibol, titled "King Bhumibol, A Life Journey," published in 2011, estimated the value of the properties he owned in the Thai capital at around $33 billion.