The big family of Al Saud or King of Arab Arabia is reported to have assets that surpass the wealth of the Queen of England. The abundant wealth comes from an oil company called Saudi Aramco on the Tadawul Exchange. The company even set a record as the largest daily oil producer and second-largest crude oil reserves.
The collective wealth of the Raja Arab family is estimated to reach US$ 1.5 trillion or if converted into equivalent to Rp. 21,000 trillion. This amount of assets is an accumulation calculation from 1700.
Members of the royal family known as tajir twisted, namely Mohamad bin Salman (MBS), heirs and Crown Prince of the Arab King. This handsome Saudi Arabian prince has an important position in his family. He is the Chairman of the Council for Economic Affairs and Development of Saudi Arabia. He also holds the position of Minister of Defense.
An easy-to-be Arab 35-year-old is even known to have a glamor life and wasteful spending. He is known to have a hobby of buying shares in football clubs in Europe. In addition, he is also reported to be able to buy palaces lightly and cruise ships.
The following is a row of wealth owned by the Prince of Saudi Arabia MBS.
This Arabic family-owned oil company is the most valuable asset in the world. At the time of going public in December 2019, this company received the highest valuation of US$ 2 trillion. In the first nine months of 2019, Aramco reported US$ 68 billion in revenue. This profit makes it the most profitable company in the world.
Aramco's value is said to outperform major US companies, such as Apple, Microsoft, and Google's parent company Alphabet. Its value even exceeds that of companies with great names, a combination of Facebook, Berkshire Hathaway, and Amazon.
While in France, Prince MBS attracted to buy a magnificent castle. The Castle in Louvencienner, covering an area of 4645,152 m2, then he named Chateau Louis XIV.
He bought the 17th-century Castle in 2015 at a price of US$300 million or equivalent to Rp. 4.325 trillion. His property earned the nickname "the most expensive residence in the world".
The stadium has luxurious and complete facilities. There are 10 bedrooms, 2 swimming pools, libraries, cinemas, tennis courts, discotheques, transparent underwater rooms. There is also a warehouse for storing thousands of bottles of wine. State-of-the-art technology has also been implemented in the castle. fountains, sound, lights, and air conditioning can be arranged using the iPhone.
Prince MBS is also interested in a cruise or superyacht while on vacation in southern France. He bought the luxury ship for US$500 million or equivalent to Rp7.9 trillion. He got the ship from Yuri Shefler, aoa entrepreneur from Russia.
The ship, which has a size of 440 feet, is equipped with super elite facilities, including a hot tub swimming pool, helicopter hangar, two helipads, cinemas, and a gym. The ship called The Serene can carry 24 guests in 15 cabins.
Not only investing in property, this young Arab prince also likes to buy high-priced art items. In 2017, he won a painting auction at Christie for US$450 million or equivalent to Rp6.7 trillion.
The painting is a rare work entitled Salvator Mundi by Leonardo da air. A legendary painter of the Renaissance era.
Pangeran MBS juga berinvestasi pada perusahaan teknologi modern video game. Pada akhir 2020, ia melakukan kesepakatan dengan perusahaan Tak-Two Interactive, Electronic Arts (EA), dan Activision Blizzard. Total investasinya berjumlah 26.2 shares.
It was repeatedly reported that Prince MBS failed to acquire several well-known European football clubs. This Arab crown prince once failed to propose to the English club Manchester United. After that, his desire to bring Newcastle also ran aground.
The latest news says that the man who was born on August 31, 1985 plans to acquire a well-known club from Serie A, Intermilan. The legendary Italian club is worth IDR 17 trillion.
Pengeran MBS dikabarkan menyiapkan lahan seluas 10,200 mil di sepanjang Laut Merah untuk rencana pembangunan kota. Kota besar senilai 400 miliar tersebut rencananya akan berikan nama Neom.
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The city is reportedly going to have an area of 17 times the size of the British capital, the city of London. In Neom, it will also be equipped with 100 new energy and technology.
The King of Arab oil does have sandpiles in the desert. There is no end. Some of the investments were not all of his wealth. He also still has a luxurious residence in several countries, such as London, Switzerland, Morocco. His residence is even filled with gold furniture, such as gold chairs to gold coating dispensers.
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