King Mohammed VI of Morocco has an estimated net worth of $ 2.1 billion. Net worth: $2.1 billion Country: Morocco. Allegedly, Mohammed spends $1 million a day to operate his personal palaces. 2. Discover the real story, facts, and details of Mohammed VI. Sign up for our newsletters to get all our top stories delivered. Are you saving for a house? His Majesty King Harald V of Norway has held the throne since Jan. 17, 1991, and is one of the most powerful world leaders. King Felipe VI slashed his own salary by 20 percent in 2015 to $267,447, according to CNBC. 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. 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. 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 king of Norway married Queen Sonja in September 1968, and they reside in Oslo at the Royal Palace. 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. Go to next page for details on Mohammed VI of Morocco’s net worth and earnings. 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 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.. King Carl XVI took the crown in 1973 when he was just 27 years old. The most comprehensive In-Play service. Her bachelor’s degree is in Broadcast News. In order to provide you with the best possible experience, this website uses cookies. 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. king maha vajiralongkorn. King Mohammed VI, Morocco Richest King In Africa 2020. With a current net worth of $2.5 billion, Mohammed VI is perhaps best recognized as the King of Morocco. After his coronation, the king gave out $32 billion in the form of grants, investments and bonuses, reports the New York Times. 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. 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. The Swedish royal family is among the wealthiest in Europe. These offers do not represent all available deposit, investment, loan or credit products. 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 is considered to be one of the richest royals and his net worth is $2.5 billion. richest royals Schalke fotografie | Melissa Sch / Shutterstock.com, Frederic Legrand - COMEO / Shutterstock.com. Moulay Hassan (born May 8, 2003) is famous for being prince. 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. While it’s relatively simple to predict his income, it’s harder to know how much Mohammed has spent over the years. King Mohammed VI ascended to the throne in July 1999, upon his father’s death. Net worth: $500 million prince charles King Mohammed VI of Morocco 1. He currently resides in Morocco. millionaires Still, to this day, her wealth is estimated to be $200 million. As a monarch of the oil-rich state, his fortune comes from its oil reserves, and he is the chairman of Supreme Petroleum Council. Queen Beatrix is the most famous figure when it comes to Dutch royalty, although she abdicated the throne after 33 years in 2013. King of Morocco. Lia Sestric is a Pittsburgh native and graduate from E.W. For more information, please refer to our Privacy Policy. Prior to taking the throne, he reportedly rented out three entire resorts in the Maldives for an estimated $30 million vacation. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. Continue to the next page to see Mohammed VI of Morocco net worth, estimated salary and earnings. He has an estimated net worth of R81 billion, according to Forbes. monarchy Scripps School of Journalism at Ohio University. Microsoft may earn a commission when you purchase a product or … Reuters reported that the bureau has new developments in the works, amounting to some $4.7 billion. These lucky few lived out princess and prince dreams. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). King Salman bin Abdulaziz Al-Saud of Saudi Arabia came to power on Jan. 23, 2015. Funds for the king’s official duties are covered by the Court Administration and totaled approximately $7.6 million in 2015. Related Posts. André 3000 Net Worth 2019 – How Rich is Andre 3000? However, much of his wealth comes from his personal fortune, including real estate and a stake in Shell Oil. Explore Mohammed VI's biography, personal life, family and real age. 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. These offers do not represent all available deposit, investment, loan or credit products. His source of income is from the King of Morocco inheritance. Who, then, are the richest royals in the world? 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. 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). 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 may be one of the most controversial monarchs in Thailand’s history, but King Maha Vajiralongkorn is also the richest royal in the world. In 2012, Lia began to freelance write on the side about higher education and careers for Yahoo! Royal families of the world have captivated society with their lavish lifestyles that include magnificent palaces and servants to take care of every need. King Mohammed VI holds the distinction of being Africa’s richest monarch. 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. Royals 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. Read on to find out more about the fortunes of the wealthiest royals. King Mohammed VI. King Mohammed VI Net worth . (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 albert ii Queen Margrethe has been queen since 1972 and has a well-cushioned allowance. The Danish Civil List grants the royal family $12.8 million for the year. Morocco's King Mohammed VI is worth $5.7 billion. 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. He took over the throne as King in the year 1999 after the death of his father. Lia can be reached by email lia.sestric@gmail.com. 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. Prince Henrik, the husband of Margrethe, and Princess Benedikte, the queen’s sister, both get a small slice of the cash. 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 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. Albert’s massive fortune also includes an antique car collection, a stake in a Monte Carlo resort and a pricey stamp collection. She has written and produced television news stories in the Los Angeles area and Charleston, S.C. King Mohammed VI of Morocco. 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. Interestingly, the King also has made a rather unique push to lead Morocco towards democracy by ordering regular elections in the country. Their net worth pales in comparison to the net worths of other ruling royals across the globe. He is the reigning leader of Morocco. This is the richest King in Africa. Spain’s royal family also reportedly likes to vacation to this particular hot spot during the summer. His fortune can be credited to his control of the massive holding company Société Nationale d’Investissement, which is worth more than $10 billion. All rights reserved. The answer lies in Asia and the Middle East, with Thailand's King Maha Vajiralongkorn leading the list with a whopping US$43 billion. Salman might lead a lavish lifestyle, but he also generously gives to the Saudi public. About Sidi Mohammed. Country: Netherlands. © 2020 GOBankingRates. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Born in 1963 in Rabat, Mohammed VI is the 23rd monarch of … 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 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 True Heirs to Air: Athletes Earnings Most of Their Cash From Endorsements, 10 photos. With an estimated net worth of US$2.1 billion, King Mohammed VI of Morocco ranks amongst the world’s richest royals. In fact, the Swedish king had recently announced the removal of five grandchildren from the Royal House to ease the burden on taxpayers. 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. 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. Javascript is disabled!common.-_please_enable_js, The wealthiest royal has a net worth of US$43 billion, and it's not Queen Elizabeth. 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. Much of the British royal family’s net worth comes from the Crown Estate, although it isn’t actually owned by the queen. The 72-year-old’s fortune is in the exports of oil and natural gas. Rank # 9. All Right Reserved. 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. 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. Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. The family’s royal lifestyle still cost the country $8.9 million in 2015, just as it did the previous year. Online estimates of Mohammed VI of Morocco’s net worth vary. net worth forbes 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. (Related: Meet 10 Self-Made Billionaires Who Are On Forbes Singapore's Richest List 2019). Go to next page for details on Mohammed VI’s net worth and earnings. King Mohammed VI. Sign up for more financial tips and tricks! King Mohammed VI, Morocco The couple has two children and five grandchildren. Please try again later. The Richest King In Africa Currently is none other than His Majesty King Mohammed VI of Morocco. Don't forget to add news@email.gobankingrates.com as a contact to ensure you receive our emails to your inbox! 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.. He has a net worth of $2.1 billion. 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. Whatever your 2021 financial goals are, we can get you on the right track! King Mohammed VI ascended to the throne in July 1999, upon his father’s death. King Mohammed VI ascended to the throne in July 1999, upon his father’s death. Its total assets are estimated to be $828 billion. 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. The European royal families may be the most high-profile monarchies, but contrary to what you may believe, they are not the richest. He’s been married to Queen Silvia since 1976, and they have three children. Add reviews and photos for The Andrew Azoulay Team at Douglas Elliman Real Estate. 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. And careers for Yahoo one of the world and How much are they worth just... Estimated to be $ 828 billion s official duties are covered by the Court and. According to Forbes Spain ’ s death amongst the world ’ s death Domaines. List grants the royal House to ease the burden on taxpayers richest royals and his net worth in... 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