The Surprising Net Worth of Maha Vajiralongkorn: Revealed!
Introduction:
Maha Vajiralongkorn, also known as King Rama X, ascended to the throne of Thailand in December 2016 after the death of his father, King Bhumibol Adulyadej. Since then, he has been the subject of much curiosity and speculation, particularly regarding his net worth. In this post, we will reveal the surprising net worth of Maha Vajiralongkorn.
The Early Years:
Maha Vajiralongkorn was born on July 28, 1952, in Bangkok, Thailand. His father, King Bhumibol Adulyadej, was the longest-reigning monarch in Thai history, and his mother was Queen Sirikit. Despite his royal heritage, Maha Vajiralongkorn was sent to school in the UK, where he attended King’s Mead School, Millfield School, and eventually, the Royal Military Academy Sandhurst.
A Career in the Military:
After completing his military training at the Royal Military College, Maha Vajiralongkorn joined the Royal Thai Army and served in various positions, including commanding an infantry battalion and attending the Joint Services Staff College in the UK.
Marriages and Children:
Maha Vajiralongkorn has been married four times and has seven children. His first marriage was to Princess Soamsawali Kitiyakara, whom he divorced in 1991. He then married Yuvadhida Polpraserth, with whom he had five children, but they subsequently divorced. Maha Vajiralongkorn also has a son with his third wife, Srirasmi Suwadee. His fourth marriage was to Queen Suthida, whom he married in May 2019, shortly before his coronation.
Investments and Net Worth:
Maha Vajiralongkorn’s net worth is estimated to be around $30 billion, according to Forbes. However, the exact figure is difficult to determine since much of his wealth is held in the Crown Property Bureau, which manages the royal family’s assets and investments. The bureau’s holdings include a range of businesses, including real estate, hotels, and a brewery, among others.
The Crown Property Bureau:
The Crown Property Bureau was established in 1936 and manages the assets of the Thai royal family. Its holdings include land, buildings, and businesses throughout Thailand. The bureau’s income is used to support the royal family and various charitable causes.
The Controversies:
Maha Vajiralongkorn’s reign has not been without controversy. In 2019, he took personal control of the Crown Property Bureau, which was previously managed by a board of directors. The move was criticized by some as a power grab, while others argued that the bureau was in need of reform.
The Future:
It remains to be seen how Maha Vajiralongkorn’s reign will unfold. While he has faced criticism in the past, he has also taken steps to modernize the monarchy and increase its transparency. It is likely that his net worth will continue to be a subject of fascination and speculation.
Conclusion:
Maha Vajiralongkorn’s net worth is estimated to be around $30 billion, although much of his wealth is held in the Crown Property Bureau. With his background in the military and his numerous marriages, the king has led a fascinating life so far. As he continues his reign, it will be interesting to see how he navigates the challenges and opportunities that come his way.
FAQs:
Q1) What is Maha Vajiralongkorn’s net worth?
Maha Vajiralongkorn’s net worth is estimated to be around $30 billion, according to Forbes.
Q2) What is the role of the Crown Property Bureau?
The Crown Property Bureau manages the assets of the Thai royal family, including land, buildings, and businesses throughout Thailand. Its income is used to support the royal family and various charitable causes.
Q3) How many times has Maha Vajiralongkorn been married?
Maha Vajiralongkorn has been married four times.
Q4) How many children does Maha Vajiralongkorn have?
Maha Vajiralongkorn has seven children.
Q5) What controversies has Maha Vajiralongkorn faced?
Maha Vajiralongkorn’s reign has not been without controversy, particularly regarding his personal control of the Crown Property Bureau and allegations of political interference.