How the Wealthiest Royal Family Members Spend Their Fortunes
Most royal families around the world have substantial family fortunes — sometimes at levels that are almost obscene. When it comes to the wealthiest royals on the planet, it’s safe to assume they never want for anything and have some creative ways to spend their money.
For some, their simple daily wardrobes may cost much more than an average citizen pays for a home. (We won’t even discuss "special event" clothes.) They throw the most lavish parties and own the most luxurious transportation, even if they don’t drive themselves. Let’s take a closer look at how some of the richest royals spend their family fortunes.
30. Meghan Markle, Duchess of Sussex, U.K. - $5 Million
Meghan Markle's wedding cost about $43 million. The wedding dress for the ceremony cost a whopping $265,000, while the dress for the reception came in at a mere $157,000. Like her sister-in-law, she has sometimes worn five-figure outfits, including her engagement photo dress, which cost a whopping $75,000.
29. Princess Kate, Duchess of Cambridge, U.K. - $10 Million
The dress that Kate Middleton wore on her wedding day cost a shocking $332,000. As for her other royal outfits, she generally spares no expense. Just Google some of her outfits to quickly see that many of her public wardrobe choices cost in the tens of thousands of dollars each.
28. Princess Madeleine, Sweden - $10 Million
When Princess Madeleine married American businessman Christopher O’Neill, they spent a total of $500,000 on the wedding ceremony and festivities. The Valentino Garavani wedding dress that Madeleine wore cost an estimated $100,000. These prices don’t even make a dent in the net worth of the princess.
27. King Felipe VI, Spain - $20 Million
Former members of the Spanish royal family developed some bad spending habits that concerned their subjects, so King Felipe VI only receives 80% of what his predecessor — his father, King Juan Carlos I — was earning. This decision was made by the government in an attempt to rein in royal spending and improve their image.
26. Prince Philip, Duke of Edinburgh, U.K. - $30 Million
Prince Philip is the husband of Queen Elizabeth II. In fact, they currently have the longest marriage in royal history. He is the father of Prince Charles, the grandfather of William and Harry, and the great-grandfather of George, Charlotte, Louis and Archie.
25. King Harald V, Norway - $30 Million
Harald V has been King of Norway since 1991, when he inherited the throne from his father. He has older sisters, but as the only son, he became the Crown Prince when his father became king. The law was changed to include daughters in the line of succession the year before Harald actually became king, but the law only applied to those born after it was put into effect. His duties as a monarch are mostly symbolic.
24. Queen Margrethe II, Denmark - $40 Million
As she was born a week after German soldiers took over Denmark, Queen Margrethe represented hope for the country in the darkest of times. After a 1953 amendment to Denmark’s constitution to include daughters in the line of succession, she became eligible for the crown.
23. Prince William, Duke of Cambridge, U.K. - $40 Million
Prince William previously owned a 1954 Aston Martin Lagonda Drophead Coupe — one of the rarest cars in the world — with a value around $640,000. Since then, he has purchased other cars for transportation. Being a father, he also has to pay school fees for the elite private schools that his kids will attend.
22. Prince Harry, Duke of Sussex, U.K. - $40 Million
Even though he is sixth in line to the British throne, Prince Harry has definitely had a rough past with partying and showing off his wild side. In fact, his lifestyle landed him in the British tabloids on more than a few occasions.
21. King Carl XVI Gustaf, Sweden - $70 Million
King Gustaf became Crown Prince when he was 4 years old after his grandfather took the throne. His father had tragically died in a plane crash, leaving him next in the line of succession. In 1975, due to reformation of the Swedish government, he was relieved of almost all his duties as a leader of the country. For the first time, the "King of Sweden" title became a symbolic moniker.
20. King Mswati III, Swaziland - $100 Million
King Mswati III owns an Airbus A340-300, a plane large enough for him to travel with all his wives at once — all 15 of them! Apparently, this king is all about feeling extra rich in his love life. He has a $61 million annual budget to spend, and he owns a $500,000 Daimler Chrysler Flagship Maybach 62 luxury car.
19. Queen Beatrix, Netherlands - $200 Million
She may have retired and abdicated the throne, but Queen Beatrix is still seriously loaded with money. It may be only half of what the Queen of England has, but it still puts her in the top five wealthiest royals in Europe, and she has a lot to show for her status.
18. King Fredrick Obateru Akinruntan, Nigeria - $300 Million
King Fredrick, the second richest king in Africa, is the ruler of the Ugbo Kingdom in Nigeria. He owns the same custom-built Rolls Royce as Queen Elizabeth II, and he previously owned a 2014 Bentley luxury car.
17. Sheikh Sabah IV Ahmad Al-Jaber Al-Sabah, Emir of Kuwait - $350 Million
The entire family of the Emir of Kuwait is worth about $90 billion in total. The family members are known to throw fancy parties, and they also have the luxury of owning some of the highest-rated speed boats and yachts in the world.
16. Prince Charles, Prince of Wales, U.K. - $420 Million
Being next in line to the throne is probably both thrilling and intimidating, but as the Duke of Cornwall, Prince Charles doesn’t have to wait until he succeeds to the throne one day to have a fortune at his disposal. He already earns almost $5,000 per week from the Duchy of Cornwall. The money comes from the huge amount of properties that the Duchy owns.
15. Queen Elizabeth II - $450 Million
Probably the most well-known royal to the general public, Queen Elizabeth II assumed the throne upon the death of her father in 1952. She owns six homes, including famous well-known properties like Buckingham Palace and Windsor Castle. Altogether, the properties are worth about $150 million.
14. Qaboos bin Said al-Said, Sultan of Oman - $700 Million
Sultan Qaboos bin Said al-Said had eight palaces with several helicopters to go with it, and he owned five yachts and three private jets. Despite his lavish lifestyle, the Sultan did a lot of good for his country before his death in January 2020. In fact, he is credited with modernizing Oman and guiding it to prosperity. He also used his own money to restore mosques all over the land.
13. King Abdullah II, Jordan - $750 Million
In 2012, King Abdullah II made every nerd envious when he became the main investor in a Star Trek theme park in his country. The theme park is now a part of the Red Sea Astrarium resort project, which has an estimated cost of $1.55 billion.
12. Imam Aga Khan IV, Nizari Ismaili - $800 Million
Imam Aga Khan IV is not actually a ruler of any land. His family has royal ancestry from the 18th century, which is why they count as royalty, but they "reign" over the religion of Ismaili Muslims. They believe Aga Khan IV represents the living form of God on Earth.
11. Prince Albert II, Monaco - $1 Billion
A whopping 32% percent of the population of Monaco are millionaires, but the Prince is among the richest, of course. You might recognize him as the son of late American actress Grace Kelly. Albert was named Prince — the nation is a principality, not a kingdom — when his father died in 2005.
10. Prince Albert, 12th Prince of Thurn und Taxis - $1.6 Billion
Prince Albert has amazingly been a billionaire since he was only 8 years old! His father, Johannes, 11th Prince of Thurn und Taxis, became famous as a flâneur. After his father’s death in 1990, Prince Albert inherited a $3 billion fortune.
9. Sheikh Tamim bin Hamad Al Thani, Emir of Qatar - $2.1 Billion
This Qatari royal succeeded to the throne after his father abdicated. Since then, his focus has been on improving the country’s national relations by bringing sporting events to the country. He has been successful in some ways, including winning the bid to host the FIFA World Cup in 2022.
8. Prince Hans-Adam II, Liechtenstein - $3.5 Billion
As the 15th ruler of Liechtenstein, Prince Hans-Adam II is the wealthiest monarch in Europe. His wealth comes not only from his royal title and inheritance but from his life as a businessman. He owns the LGT banking group, which may be locally based, but the company has clients all over the world.
7. Sheikh Mohammed bin Rashid Al Maktoum, Emir of Dubai, UAE - $4 Billion
Sheikh Mohammed bin Rashid Al Maktoum has been the ruler of Dubai and the Vice President of the United Arab Emirates since 2006 when his older brother passed away. Back in the mid-90s, when he was crowned Prince of Dubai, he worked at developing desert land into luxurious hotels and resorts.
6. Grand Duke Henri, Luxembourg - $4 Billion
Grand Duke Henri has been the ruler of Luxembourg for 19 years since his father abdicated the throne. He and his family live in a beautiful, luxurious castle known as Berg Castle. Despite the family’s personal wealth, they still receive funds from the country for their royal duties. The Grand Duke also owns a vacation home in the south of France.
5. King Mohammed VI, Morocco - $5.8 Billion
The King of Morocco gets almost $3.5 million annually to spend on whatever his heart desires. He owns a total of 12 palaces, although he only uses four of them. Regardless, he insists that all of them be stocked and ready for occupancy, which costs his country — and therefore his subjects — about $1.2 million per day.
4. Sheikh Khalifa bin Zayed Al Nahyan, Emir of Abu Dhabi, UAE - $15 Billion
Sheikh Khalifa bin Zayed Al Nahyan has been president of the UAE since 2004, when he became Emir of Abu Dhabi and was named president by the UAE Federal Council. The tallest building in the world was renamed to honor. That’s right — the Burj Khalifa was originally called the Burj Dubai!
3. Prince Mohammed bin Salman Al Saud, Saudi Arabia - $17 Billion
Prince Mohammed bin Salman Al Saud is the Crown Prince of Saudi Arabia and is all set to become King after his father — who is in his 80s — passes away. Altogether, the royal family is worth a mere $1.4 trillion. The whole family is known for their crazy spending habits, and the Prince is no exception to the rule.
2. Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah, Brunei - $20 Billion
If you love cars, this royal could be your new best friend. He owns 500 Rolls-Royces and about $4 million worth of cars in total! He won’t ever have to worry about running out of space for all those vehicles, because the $600 million palace he lives in has a garage that can house 800 cars. Impressed yet?
1. King Maha Vajiralongkorn, Thailand - $30 Billion
The coronation ceremony in 2016 was a good indicator of how much money this ruler of Thailand likes to spend. The entire event cost the government $31 million! Since then, the King has been given an annual budget of $123 million.