It’s (Too) Good to Be The King

“Questions over spending by an aloof monarch, who lives in Germany and whose expensive lifestyle stands in contrast to stories of his thrifty father, have emerged as Thailand’s economy reels from the COVID-19 pandemic, which followed years of tepid growth under a military-led government closely tied to the ruling family … One of King Maha Vajiralongkorn’s first major acts was to transfer all the holdings in the vast company, known as the Crown Property Bureau, to his personal ownership, giving him control of more wealth than the reported riches of the Saudi king, the sultan of Brunei and the British royal family combined.” LA Times in Thailand: The world’s richest king, his mysterious fortune and the protesters who want answers.

Copied to Clipboard