King Maha Vajiralongkorn, also known as King Rama X, of Thailand, possesses a staggering 23 per cent stake in Siam Commercial Bank, the country’s second-largest bank, and he also holds a significant 33.3 per cent stake in Siam Cement Group, leaving people awestruck by his opulence.
The king’s life mirrors tales you might have encountered in books, defined by a royal grandeur that astonishes observers. King Vajiralongkorn ranks among the wealthiest individuals globally, boasting an extensive collection of diamonds and gems that defy counting.
1. Vast Holdings
King Rama’s wealth encompasses thousands of acres of land, an array of automobiles, and an impressive fleet of ships. His fortune dwarfs those of the world’s wealthiest individuals. According to the Financial Times, the Thai royal family’s wealth surpasses a staggering $40 billion, equivalent to 3.2 lakh crores in Indian rupees.
2. Extensive Property Portfolio
King Maha Vajiralongkorn’s properties span the entirety of Thailand, including government buildings, malls, and hotels situated on his vast lands. Furthermore, the King holds a substantial 23 per cent stake in Siam Commercial Bank, the country’s second-largest bank, and a significant 33.3 per cent stake in the largest industrial conglomerate, Siam Cement Group.
3. Crown Jewel
Among the treasures adorning the King’s collection is the 545.67-carat brown Golden Jubilee Diamond, acclaimed as the world’s largest and most valuable diamond. The Diamond Authority appraises its worth at a staggering Rs 98 crore.
4. Extensive Fleet
The Thai King commands a fleet of 21 helicopters, 38 airplanes, and vast wealth. According to the Financial Times, King Vajiralongkorn’s aircraft inventory comprises 38 units, including 21 helicopters and a mix of Boeing, Airbus, and Sukhoi Superjet planes. The annual maintenance cost for these aircraft amounts to a staggering Rs 524 crore. Additionally, he owns a fleet of 52 boats, all lavishly adorned with gold.
5. Sprawling Palace
The King’s palace occupies a vast area of 23,51,000 square feet and has stood since its construction in 1782. However, it’s worth noting that King Ram X does not reside in the royal palace; instead, it houses numerous government offices and museums.
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