New Delhi: The <a href="http://www.time.news/houthi-target-saudi-arabia-saudi-is-removing-quran-verses-from-syllabus-to-appease-jews-houthi-leaders-big-claim-amid-iran-israel-tension-abdul-malik-al-houthi-says-saudis-removing-quran-verses/" title="Houthi Target Saudi Arabia, Saudi is removing Quran verses from syllabus to appease Jews… Houthi leader's big claim amid Iran-Israel tension – abdul malik al houthi says saudis removing Quran verses from textbooks to appease israel
– 2024-04-21 18:16:21″>House of Saud, the royal family of Saudi Arabia, is counted among the richest families in the world. His wealth is more than 1.4 trillion dollars. This is more than the total wealth of billionaires like Elon Musk, Mukesh Ambani, Ratan Tata and Gautam Adani. The royal family has been known for its power and wealth since its establishment in 1744. The House of Saud has remained one of the richest and most powerful families in the world since coming to power. There are approximately 15,000 members in this family. But most of its wealth and power lies with a core group of about 2,000 people. The family’s wealth comes primarily from its vast oil reserves and investments.
King Salman leads the family
The family is led by the current ruler, King Salman bin Abdulaziz Al Saud. His personal wealth is estimated to be around $18 billion. Prince Alwaleed bin Talal, another prominent member of the family, once had a net worth of $13.4 billion. However, this figure has been changing over time. Especially after his arrest in 2017 on corruption charges.
Al Yamamah Palace is the official residence of the ruler of Saudi Arabia. Built in 1983, this grand palace is spread over 40 lakh square feet. It exhibits traditional Najdi architecture. Inside it has 1,000 rooms, a grand movie theater, bowling alley, several swimming pools and even a mosque.
The royal family owns many palaces
The royal family owns several other extravagant palaces, such as the Al-Awja Palace, where guests are hosted. The Erg Palace in central Riyadh serves as the family’s office. It is also used in VIP meetings and government functions.
The House of Saud greatly respects the arts. It has a collection ranging from traditional Islamic artwork to masterpieces by famous artists.
The royal family’s penchant for luxury is evident from their fleet of yachts and private jets. Prince Mohammed bin Salman has a $400 million superyacht Serene. It has an indoor seawater pool, two helipads and even an ice room.
Gold plated Boeing 747-400 aircraft
Another 484 feet long yacht is owned by Prince Abdulazizi. It can accommodate 64 guests with luxurious facilities like a gym, sauna and swimming pool. Additionally, the royal family owns a converted Boeing 747-400. It has been converted into a gold plated luxurious Hawaiian mansion.
Luxury cars also have an important place among the family assets. Saudi billionaire Turki bin Abdullah has a collection of cars worth $22 million. These include high-end models like the Lamborghini Aventador Superveloce, Rolls-Royce Phantom Coupé and a gold-plated Lamborghini Aventador SV.