Latest news with #Vajiralongkorn
The National
2 days ago
- General
- The National
Best photos of June 3: Drought in Qamishli to de-mining in Raqqa
Royal purification The entire coronation ceremony extends over three days from May 4-6, but Saturday is the one to watch. At the time of 10:09am the royal purification ceremony begins. Wearing a white robe, the king will enter a pavilion at the Grand Palace, where he will be doused in sacred water from five rivers and four ponds in Thailand. In the distant past water was collected from specific rivers in India, reflecting the influential blend of Hindu and Buddhist cosmology on the coronation. Hindu Brahmins and the country's most senior Buddhist monks will be present. Coronation practices can be traced back thousands of years to ancient India. The crown Not long after royal purification rites, the king proceeds to the Baisal Daksin Throne Hall where he receives sacred water from eight directions. Symbolically that means he has received legitimacy from all directions of the kingdom. He ascends the Bhadrapitha Throne, where in regal robes he sits under a Nine-Tiered Umbrella of State. Brahmins will hand the monarch the royal regalia, including a wooden sceptre inlaid with gold, a precious stone-encrusted sword believed to have been found in a lake in northern Cambodia, slippers, and a whisk made from yak's hair. The Great Crown of Victory is the centrepiece. Tiered, gold and weighing 7.3 kilograms, it has a diamond from India at the top. Vajiralongkorn will personally place the crown on his own head and then issues his first royal command. The audience On Saturday afternoon, the newly-crowned king is set to grant a "grand audience" to members of the royal family, the privy council, the cabinet and senior officials. Two hours later the king will visit the Temple of the Emerald Buddha, the most sacred space in Thailand, which on normal days is thronged with tourists. He then symbolically moves into the Royal Residence. The procession The main element of Sunday's ceremonies, streets across Bangkok's historic heart have been blocked off in preparation for this moment. The king will sit on a royal palanquin carried by soldiers dressed in colourful traditional garb. A 21-gun salute will start the procession. Some 200,000 people are expected to line the seven-kilometre route around the city. Meet the people On the last day of the ceremony Rama X will appear on the balcony of Suddhaisavarya Prasad Hall in the Grand Palace at 4:30pm "to receive the good wishes of the people". An hour later, diplomats will be given an audience at the Grand Palace. This is the only time during the ceremony that representatives of foreign governments will greet the king.
Hindustan Times
28-05-2025
- Business
- Hindustan Times
World's richest monarch owns 300 high-end cars 38 jets, 52 boats. It's not King Charles
Thailand's King Maha Vajralongkorn, also known as King Rama X, holds the title of the richest monarch in the world, with an estimated net worth of $30-70 billion, reported Al Jazeera. His immense fortune exceeds that of King Charles III of the United Kingdom, whose net worth is estimated to be around $747 million. Also Read: World's richest influencer is a billionaire; donates all earnings, still richer than Tom Cruise, Johnny Depp, Shah Rukh Among his possessions, most of which are inherited are over 17,000 properties in Bangkok alone and is one of the biggest landowners in Thailand's capital city. His portfolio comprises commercial structures, high-end hotels, and ancient palaces as well. In his royal collection, the monarch owns 300 high-end cars, from classic Rolls-Royces to contemporary supercars. His also owns collection 38 private jets, and a fleet of 52 golden boats, which are used for traditional royal ceremonies. Also Read: This Indian-origin family behind a major conglomerate crowned UK's richest for 4th consecutive year | Find out who Vajiralongkorn, after his father's death in 2016, took over assets held by the Crown Property Bureau (CPB), an institution that controls royal real estate and business holdings. King Rama X in 2018 took over the administration of the state property further bolstering his finances. Born in 1952, King Vajiralongkorn is the only son of King Bhumibol and Queen Sirikit. He received his military education in the UK and Australia, and is a trained jet and helicopter pilot, reported Reuters. He earned a degree in military studies from the Canberra's prestigious Royal Military College and later served in the Royal Thai Army. In the 1970s, he even took part in counter-insurgency missions. Also Read: Emmanuel Macron and wife Brigitte's net worth revealed: Know who is richer Vajiralongkorn established "Crown Prince Hospitals" through funds donated by the public to serve as medical and health care centers for people living in remote areas. In August 2011, German judicial authorities in Munich impounded a Boeing 737 aircraft, one of two belonging to Crown Prince Vajiralongkorn because of a 20-year-old Thai government debt worth €30 million. In November 2016, Manager Magazin published a report stating that the new king could be issued with an inheritance tax bill in excess of €3.5 billion due to residences he owned in Bavaria.
Time of India
27-05-2025
- Business
- Time of India
Meet Thailand's richest king with 38 jets, 300 cars, and 52 golden boats — know more about the man behind the fortune
While the world is home to many billionaires, few embody the fusion of royal heritage, national influence, and immense wealth like King Maha Vajiralongkorn of Thailand, also known as King Rama X. As reported, his estimated net worth exceeds Rs 3.7 lakh crore (around USD 43 billion), earning him the title of the richest king globally. Unlike corporate tycoons, his fortune stems from centuries-old monarchy assets, real estate, and strategic holdings in major Thai corporations. King Vajiralongkorn's extraordinary wealth reflects not just personal affluence, but the enduring financial power of Thailand's royal institution. King Vajiralongkorn builds his fortune through Thailand's royal legacy In contrast to self-made billionaires whose wealth is a result of entrepreneurship or technology, the wealth of King Vajiralongkorn lies in centuries of royal tradition. Upon his father's death, the beloved King Bhumibol Adulyadej in 2016, Vajiralongkorn took over huge assets held by the Crown Property Bureau (CPB), an institution that controls huge areas of royal real estate and business holdings. Though once regarded as state property, King Rama X remade this arrangement in 2018 by putting direct authority of the CPB into his own hands—yet further tightening his grip on finances. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trading CFD dengan Teknologi dan Kecepatan Lebih Baik IC Markets Mendaftar Undo His fortune is not merely inherited. Strategic investment over the years in Thailand's most lucrative businesses, such as big banks, telecommunication companies, and real estate, have immensely contributed to his wealth. In contrast to Western monarchs who are subject to tight financial control, Vajiralongkorn's portfolio is mostly shrouded from public view, which grants more freedom and discretion to his assets. King Vajiralongkorn fortune King Vajiralongkorn's fortune is matched only by the opulence of his lifestyle. He is in possession of over 17,000 properties in Bangkok alone and is one of the biggest landowners in the capital city. His property portfolio comprises commercial structures, high-end hotels, and ancient palaces—most of which produce handsome rental income. Aside from land, his hoard of luxury possessions is mind-boggling. He is said to have more than 300 high-end cars in his collection, from classic Rolls-Royces to contemporary supercars. His private aviation fleet comprises 38 planes and helicopters, many of which are specially designed for royal use. In line with Thai royal protocol, he also has a ceremonial fleet of 52 golden barges, employed in elaborate river processions that reflect the monarchy's strong cultural connection with the country. King Vajiralongkorn's early life Born in 1952 to King Bhumibol and Queen Sirikit, Vajiralongkorn is their sole son. Raised from an early age to take over the throne, he was given elite military training abroad, where he studied in the United Kingdom and then at the University of New South Wales in Australia, graduating in military studies. He also had pilot training and served with the Royal Thai Army, where he saw action in counter-insurgency campaigns during the politically charged 1970s. This military experience has had a profound influence on his character and leadership style. As monarch, he has ceremonial command of the Thai military, bolstering both his position as sovereign and national security figure. Thailand's monarchy faces new challenges under King Vajiralongkorn Though King Vajiralongkorn wields vast institutional authority, his private life has frequently been the subject of controversy and international media scrutiny. His four marriages, three of them ended in divorce, have been the subject of tabloid headlines. He now spends much of his time in Germany, a move that has raised eyebrows among Thai people and the international community alike. His reign has also been accompanied by increasing demands for monarchical reform in Thailand. With stringent lèse-majesté laws that criminalize any criticism of the royal family, there has been a protest movement challenging the king's increasing powers and the political powers of the monarchy by young people over recent years. King Vajiralongkorn's fortune mixes royal power with business Although the economic fiefdom of others like Elon Musk or Jeff Bezos could overshadow that of King Vajiralongkorn in terms of sheer figures, the Thai king's role is singular. Unlike capitalist moguls who accumulate riches under capitalism, Vajiralongkorn is a confluence of conventional power, capital, and symbolic authority. His role is not only fiscal but cultural, deeply embedded in the national consciousness of Thailand. In contrast, India's wealthiest entrepreneurs—Mukesh Ambani and Gautam Adani—are continuing to increase their wealth with expansive business dynasties. Ambani's net worth, as of May 2025, is estimated at USD 92.5 billion, while Adani's is approximately USD 56.3 billion. Both control sectors such as energy, telecommunications, and infrastructure but within corporate regimes and public spheres of control. In spite of continued controversy and changing public attitudes, King Vajiralongkorn is still a powerful symbol of Thailand's monarchical heritage. His riches, derived from history and business, enable him to enjoy an extraordinary life of privilege and power. From golden boats to vast landholdings and international living, King Rama X is a unique combination of heritage, opulence, and contemporary power in a world where most monarchs have lost their political clout. Also Read | Thailand King's disowned son makes surprising return as Buddhist monk, sparking speculation about royal comeback
News18
25-05-2025
- Business
- News18
King Maha Vajiralongkorn, The World's Richest Monarch, Owns 300 Cars And 38 Jets
Last Updated: Unlike most billionaires, King Vajiralongkorn's fortune is built on a long-standing royal legacy, combined with strategic modern investments. Thailand's King Maha Vajiralongkorn, or King Rama X, is reportedly the richest king worldwide. According to Business Standard, his vast wealth has brought him international recognition, surpassing many billionaires. King Maha Vajiralongkorn's wealth is truly staggering, estimated at around Rs 3.7 lakh crore (approximately USD 43 billion). This fortune stems from both a vast inheritance and extensive investments. He reportedly owns an incredible 17,000 properties in Bangkok, along with over 300 luxury cars from every top brand imaginable. His collection goes beyond land vehicles—he is said to possess 38 private jets, showcasing his love for extravagant travel. And if that wasn't enough, the King also reportedly owns 52 gold-decorated boats, highlighting his passion for luxury rides on water as well. King Vajiralongkorn's assets span land, air, and sea, making him one of the wealthiest and most lavish monarchs in the world. King Maha Vajiralongkorn comes from a distinguished royal lineage, with his father, Bhumibol Adulyadej, being one of the world's longest-serving monarchs. Following the death of his father in 2016, Vajiralongkorn officially took the throne in 2019. King Bhumibol died on October 13, 2016, at the age of 88. Vajiralongkorn took the throne and inherited much more than just the crown. Born to King Bhumibol and Queen Sirikit, he had a diverse education spanning several countries. According to Reuters, he completed his schooling in Thailand, the United Kingdom, and Australia before enrolling at Canberra's prestigious Royal Military College. There, he earned a bachelor's degree in military studies. Throughout his life, King Vajiralongkorn has been married four times, with each marriage drawing significant public and media interest. His personal life often makes headlines, much like his lavish spending habits. Despite facing criticism and controversy, the King continues to be one of the richest and most influential monarchs globally. First Published: May 25, 2025, 14:30 IST
India.com
20-05-2025
- Business
- India.com
4 wives, 300 cars, 38 private jets and gold boats…, meet World's richest king, not richer than Mukesh Ambani, Gautam Adani, he is…, his source of income is…
4 wives, 300 cars, 38 private jets and gold boats..., meet World's richest king, not richer than Mukesh Ambani, Gautam Adani, he is..., his source of income is... There are countless rich people in the world, but very few live with the kind of royalty and extravagance that King Maha Vajiralongkorn of Thailand does. Known as King Rama X, he is not just a ruler he is also believed to be the richest king in the world, according to a report by The Business Standard . But about him is not just only about money but also about a lifestyle so grand, it makes even the biggest celebrities look modest in comparison. His father ruled the Buddhist kingdom for 70 years, one of the world's longest-serving monarchs. Vajiralongkorn was crowned in May 2019 when his 88-year-old father Bhumibol Adulyadej passed away on October 13, 2016. A Fortune like no other King Vajiralongkorn's wealth is estimated to be around Rs. 3.7 lakh crore (approximately USD 43 billion). Most of this enormous fortune came to him as inheritance. However, instead of simply holding on to it, the King expanded his empire further by investing in land and some of Thailand's largest companies. He owns thousands of acres of land across Thailand, including over 17,000 properties in Bangkok alone. While most people spend their entire lives trying to buy a single house, this King literally owns parts of an entire capital city. A lifestyle beyond imagination The King owns over 300 luxury cars, including top models from Mercedes-Benz, BMW, and even stretched limousines. If that wasn't enough, he also owns 38 private jets, many of which are decorated with royal emblems and golden interiors. But perhaps the most jaw-dropping part of his collection is his 52 golden boats. These are not just ordinary boats they're entirely decorated in gold and are used only during royal events. His education, marriage Vajiralongkorn, born in 1952, is the only son among the four children of Thailand's late King Bhumibol and Queen Sirikit. As reported by Reuters , he began his early education in Thailand before moving abroad for further studies. He attended private schools in the United Kingdom and Australia, eventually enrolling in the prestigious Royal Military College, Duntroon, in Canberra. He graduated with a bachelor's degree in military studies from the University of New South Wales in Australia. According to his official royal biography, Vajiralongkorn is not only academically accomplished but also a trained military professional. He is a certified fighter jet and helicopter pilot and served as a full-time officer in the Royal Thai Army. During his military career in the 1970s, he participated in operations against communist insurgents within Thailand. Over the years, he has had four marriages, and each of them has drawn attention for one reason or another. His personal life often makes headlines just like his extravagant spending. Despite controversies and criticism that have come his way, the King continues to live a life that very few in the world can even imagine. His name is often associated with luxury, power, and an unmatched royal aura. Net worth of Mukesh Ambani and Gautam Adani As of May 2025, Mukesh Ambani and Gautam Adani remain two of India's most prominent billionaires, though their fortunes have experienced notable shifts. Mukesh Ambani, chairman of Reliance Industries, holds the title of India's richest person. His net worth is estimated at approximately USD 92.5 billion, positioning him 18th on Forbes' global billionaire list . Gautam Adani, chairman of the Adani Group, ranks as India's second-richest person with a net worth of around USD 56.3 billion, placing him 28th globally . Adani's business empire spans sectors such as ports, energy, and infrastructure.
