Saudi Royal Family – better known as the House of Saud – is one of the richest families in the world. According to the latest updates of 2022, the total net worth of the Saudi Royal Family is $1.4 trillion. Compared to the net worth of the British Royal Family, the Saudi Royal Family is 16 times wealthier.
The vast majority of this massive cash flow comes to the Saudi monarchs from oil reserves that were founded some eight decades ago. These oil reserves that were managed by the founding members of the House of Saud have unleashed a non-ending arena of wealth for the ruling Saudi royals and have changed the history of Saudi Arabia.
Saudi Aramco, which is a state-owned oil company of the House of Saud, is the leading company that brings massive cash flow to the Saudi ruling family. This oil company is known as one of the best oil companies in the world. The oil factory operates globally and brings massive revenue every year.
According to reports, some 15,000 royal family members contribute to this massive net worth (which is $1.4 trillion.) these royals live in lavish palaces and spend extravagantly. Reports from the House of Saud suggest that the extended number of the Saudi royal family is 15,000. Each of the members gets a fair share of the wealth – living in luxury palaces and spending lavishly on the luxuries of life.
So much so that the lavish spending of the Saudi royals has come under public scrutiny. That is, the public has been keeping an eye on the “wasteful extravagance” of the House of Saud. Thus, people across the globe have been criticizing the Saud royals for spending “wastefully” and extravagantly.
The most heated scrutiny that any member of the House of Saud ever received was from Muhammad Bin Salman from – the current crown prince of Saudi Arabia. In the “struggle for power and money,” MBS arrested numerous members of the Saudi Royal Family in what seemed to be a scene of “Money Heist.”
Right now, Muhammad Bin Salman is the crown prince of the Kingdom of Saudi Arabia and is the head of the House of Saud. This means that he owns the vast majority of the $1.4 trillion that is the total revenue of the Saudi Royal Family.
Thus, the struggle for power, fame, and money continues in the Kingdom of Saudi Arabia. But right now, all of these rest in the hands of the ruling crown prince, Muhammad Bin Salman.
However, it is not publicly disclosed how much money MBS has. But the total net worth of the House of Saud is $1.4 trillion. And Muhammad Bin Salman is the head of the family.