King Of Thailand Net Worth: US $30 billion
Bhumibol Adulyadej is the king of Thailand, who has a net worth of approximately US $30 billion. He was born on December 5, 1927 at the Mount Auburn Hospital in Cambridge, Massachusetts. Being the ninth monarch in the Chakri Dynasty, he is also known as Rama IX. He holds the record for being the longest-serving head of state, as well as being the longest-reigning Thai monarch. He has ruled Thailand for more than 69 years now — since June 9, 1946. In 1945, after World War II ended, he came back to Thailand and started studying science. Since then, King Bhumibol has earned the respect of most Thais around the world, even though his government was overthrown in 1957 on allegation of acting against the Monarch. Adulyadej is married to Sirikit Kitiyakara and has four children. Most of the assets that he has do not actually belong to him as an individual but to the Crown as an institution.
How did the King of Thailand make his money?
The assets of Bhumibol Adulyadej are managed by the Crown Property Bureau (CPB). This organization manages all investments and assets and is neither government-controlled nor public-controlled. Adulyadej also holds stakes in companies like Siam Cement and Siam Commercial Bank and has recently increased his stake in Deves Insurance to take the company private. His investments have been well-managed by CPB, increasing his assets and properties by a huge margin.