The Saudi royal family has long been known for their opulent lifestyle and massive wealth. The family is one of the wealthiest in the world, with an estimated net worth of over $1.4 trillion. Their immense fortune is derived mainly from their control over Saudi Arabia’s vast oil reserves, which account for a significant portion of the world’s oil production.
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The royal family members live in lavish palaces and estates, with many of them owning multiple properties around the world.
They also own luxury cars, yachts, and private jets, and often indulge in expensive hobbies such as horse racing, falconry, and hunting.
Billion naira worth of Cars, wrapped in gold and opulence
When you’re rich like the Saudi royal family, your love for gold cannot be contained. It is witnessed everywhere, from palaces, plates, paintings, and even supercars. Saudi billionaire Turki Bin Abdullah owns a fleet of cars worth $22 million. His fleet includes masterpieces like the Rolls-Royce Phantom Coupe, Mercedes Jeep, Lamborghini Aventador SuperVeloce, and Bentley.
The icing on the cake is car-crazy Arab gold-plates his supercars that would be considered flashy even in their original avatars. The showy sheikh has been spotted zipping around the streets of London in his $1.2 million gold-plated Lamborghini Aventador SV.
In details of some most expensive cars the Saudi royal family owns
- Mercedes-Benz 600 Pullman Limousine – estimated price: $1.6 million. The Pullman Limousine is a 6-door, 21-foot-long luxury car that offers a spacious and comfortable interior for its passengers. The car is often used for diplomatic purposes and is a popular choice among heads of state and other dignitaries.
- Rolls-Royce Phantom – estimated price: $500,000. The Phantom is a flagship luxury sedan from Rolls-Royce, known for its opulent features and smooth ride. The car is often customized to meet the specific needs and preferences of its owner, with options for bespoke interiors and unique exterior finishes.
- Lamborghini Murcielago LP640 – estimated price: $350,000. The LP640 is a high-performance sports car from Lamborghini, known for its aggressive styling and powerful V12 engine. The car can reach speeds of up to 211 mph and is often used for track events and other high-speed activities.
- Bugatti Veyron – estimated price: $2.5 million. The Veyron is a supercar from Bugatti, known for its unparalleled speed and performance. The car features a quad-turbocharged W16 engine that produces over 1000 horsepower, allowing it to reach a top speed of 267 mph.
- Aston Martin One-77 – estimated price: $1.8 million. The One-77 is a limited-edition supercar from Aston Martin, known for its sleek and aerodynamic design. The car is powered by a 7.3-litre V12 engine that produces 750 horsepower, allowing it to reach a top speed of 220 mph.
- Mercedes-Benz G63 AMG 6×6 – estimated price: $1.5 million. The G63 AMG 6×6 is an off-road vehicle from Mercedes-Benz, known for its rugged design and exceptional off-road capabilities. The car features six wheels, all-wheel drive, and a powerful V8 engine that produces 536 horsepower, allowing it to tackle even the toughest terrain.
A clan wealthier than the wealthiest
There are 15,000 people in the House of Saud. Only 2000 people own most of the wealth, which is estimated to be around $1.4 trillion, and even fewer are involved in politics and government. To put things in perspective, the House of Saud is worth $88 billion, which is sixteen times more than the British royal family. Alwaleed bin Talal Al Saud is the family member with the most money right now.
His estimated net worth is nearly $20 billion. Salman bin Abdulaziz Al Saud, the king of Saudi Arabia, and Mohammed bin Salman, the crown prince, are both very rich, but their exact net worths are not known. Many people think that MBS, who is the real leader, might be worth around $25 billion.
Their palaces have thousands of rooms
The King of Saudi Arabia lives and works in the beautiful Al Yamamah Palace, which is also his official home. But the wealthy House of Saud has a number of interesting homes in different places around the world. In 1983, 4 million square feet were used to build the Al Yamamah Palace in Riyadh.
It is built in the local Najdi style and has Italian marble floors and ceiling and wall panels that are intricately carved. The palace has more than 1,000 rooms and amenities that can’t be found anywhere else, such as a movie theatre, a mosque, a bowling alley, and more than one swimming pool.
The Al-Awja Palace is another palace that the King owns. It is on the edge of Riyadh. Rashid bin Mohammed bin Asaker, a historian, said, “The Palace of al-Awja is where King Salman goes to relax and meet with presidents and kings. It was built in the style of Saudi Najd architecture.”
The Erga Palace in the middle of Riyadh is another opulent gem that hosts meetings with courtiers, parties for Saudi VIPs, government events, state receptions, and cultural festivals.
