Thailand‘s King Vajiralongkorn: A Fortune Built on Land, Luxury, and Strategic Investment
king Maha Vajiralongkorn of Thailand, also known as Rama X, presides over an estimated $43 billion fortune, placing him among the world’s wealthiest monarchs. This vast wealth is anchored by a significant real estate portfolio, strategic investments in key industries, and a renowned collection of jewels, including what is considered the world’s largest cut diamond.
The cornerstone of King Vajiralongkorn’s holdings is an extensive real estate empire. Reports from the Spanish newspaper AS indicate ownership of approximately 17,000 properties within Bangkok alone, alongside roughly 16,000 acres of land throughout Thailand. These holdings generate significant rental income and serve as foundations for ongoing luxury real estate growth.
Beyond land, the King maintains a notable collection of luxury assets. This includes a fleet of 38 private jets, over 300 luxury automobiles, and 52 traditional ceremonial boats. The jewel collection is particularly valuable, highlighted by the 545.67-carat Golden Jubilee diamond, recognized by Ceoworld magazine as the world’s largest faceted diamond.
This wealth isn’t solely inherited. King Vajiralongkorn actively expands his reserves through investments in crucial sectors like telecommunications, energy, and heavy industry. Thai laws provide tax exemptions for properties utilized for royal activities, state affairs, or religious purposes, further bolstering the preservation of this extensive reserve.
While the Grand Palace in Bangkok serves as his official residence,King Vajiralongkorn frequently resides in Germany,maintaining a private residence there.
Ascending to the throne in 2016 following the reign of his father, king Bhumibol Adulyadej, Rama X brings a background as a trained pilot – having received military instruction in both Australia and the United Kingdom – and has demonstrably grown the substantial inheritance he received through strategic financial decisions.
