Topping the list is Thailand’s King Vajiralongkorn, with an estimated fortune of $43 billion, according to the report. The commercial standard.
His vast wealth comes primarily from real estate, making up the majority of his assets. Fortune The magazine reports that he owns at least 65.6 square kilometers of land throughout Thailand, including high-value areas in Bangkok, worth around $30 billion.
Additionally, the king benefits from various sources of income, holding significant stakes in some of Thailand’s major financial and industrial entities. This includes a 23% stake in Thailand’s second-largest lender, Siam Commercial Bank, and a 33% stake in Siam Cement Group, the country’s top industrial conglomerate, whose shares are valued at around US$9 billion.
His extensive collection also includes nearly 38 aircraft, 300 high-end vehicles, more than 50 boats and a significant array of diamonds and precious stones.
Photo by Reuters
