Mohammed bin Salman Al Saud, the Crown Prince and Prime Minister of Saudi Arabia, is the son of Saudi King Salman bin Abdulaziz and his third wife Fahdah bint Falāḥ ibn Sulṭān. He is also the chairman of the Council of Economic and Development Affairs and the chairman of the Council of Political and Security Affairs.
From 2015-2022, he served as minister of defense. For the unversed, in 2018, Mohammed bin Salman was ranked as the eighth most powerful person in the world by Forbes. His personal net worth was estimated to be $25 billion.
Mohammed bin Salman’s Early life
Mohammed bin Salman had a keen interest in politics from a young age. He inculcated communication skills while shadowing his father at every official gathering. His mother is the granddaughter of Rakan bin Hithlain and the great-granddaughter of Dhaydan bin Hithlain, who were heads of the Al Ajman tribe. He is the eldest among his mother’s six children and is the eighth child and seventh son of his father.
Mohammed bin Salman’s Education
Born on August 31, 1985, Mohammed bin Salman went to King Saud University in Riyadh, Saudi Arabia for his bachelor’s degree in law in 2007. He then started several companies and a nonprofit organisation to encourage entrepreneurship in the kingdom. In 2009, he became a formal adviser to his father, who was then governor of Riyadh.
His Journey
In 2012, he became the Crown Prince. In January 2015 Saudi Arabia’s King Abdullah died and Salman became king. He immediately appointed Mohammed as his defense minister.
His net worth
With an estimated net worth of $25 billion in his kitty, he is undoubtedly one of the richest figures in the world.
House of Saud’s net worth and assets
The House of Saud has been the ruling dynasty of Saudi Arabia since 1932. It has an estimated net worth of $1.4 trillion. You read that right!
For the unversed, the House of Saud comprises 15,000 people. As per reports, the House of Saud is sixteen times richer than the British royal family.
Palaces
Alwaleed bin Talal Al Saud lives at Al Yamamah Palace. Constructed in 1983 in Riyadh, the Al Yamamah Palace is spread over 4 million square feet and has been made in the local Najdi style. It has an Italian marble floor, artistic walls, and intricately carved ceilings.
Private Jet
The members of the House Of Saud own a Boeing 747-400, the largest commercial plane in the world that was transformed into a mini-mansion of the skies. The plane has bedrooms, bathrooms with gold-plated fixtures, and everything luxurious.
Gold Car
Turki Bin Abdullah, a Saudi billionaire has several swanky cars worth $22 million. It includes the Rolls-Royce Phantom Coupe, the Mercedes Jeep, the Lamborghini Aventador SuperVeloce, and the Bentley. They also have gold-plated Lamborghini Aventador SV. The supercars cost $1.2 million.
