Crown Prince Mohammed Bin Salman Al Saud, 33, is Saudi Arabia’s future heir to the throne.It is estimated that the country’s royal family, which includes approximately 15,000 members, is worth up to 1.4 trillion USD.Crown Prince Mohammed Bin Salman Al Saud, who owns a portion of this vast fortune, lives a lavish lifestyle with lavish spending, according to Business Insider.
Mohammed bin Salman, 33, is the son of Saudi Arabia’s King Salman bin Abdulaziz Al Saud’s third wife, Fahda bint Falah.He was named Crown Prince in June 2017 after King Salman decided to dethrone Muhammad bin Nayef.
The Crown Prince of Saudi Arabia holds a bachelor’s degree in law from King Saud University – the oldest university in Saudi Arabia. After graduating, he worked for a number of government agencies and was appointed as a special adviser to his father in 2009. King Salman was then governor of Riyadh. In 2015, Salman ascended the throne, at the age of 79.
Crown Prince Mohammed is an effective figure who assists his father in running the country.According to The Guardian, he is known as a “workaholic” because he frequently spends up to 18 hours a day at work.
According to CNBC, the Saudi royal family has approximately 15,000 members, a fortune of up to $ 1.4 trillion, and the majority of this wealth is held by 2,000 members.In comparison, the Saudi royal family’s wealth is nearly 16 times that of the British royal family (approximately $88 billion).
Crown Prince Mohammed and his father, King Salman, often appear at “many marble castles and country mansions” in the Saudi capital, Riyadh, according to the New York Times. According to CBS News, during a visit by former US President Barrack Obama, reporters saw gilded napkins and gold chairs at the Erga castle in Riyadh of the Saudi royal family.
Crown Prince Mohammed is also known for his extravagant spending habits.He has amassed a fortune by purchasing super yachts, private planes, helicopters, French castles, and rare paintings.
He owns the $ 500 million Serene yacht, which has 15 cabins for a total of 24 guests.
Crown Prince Mohammed spent $300 million in 2015 on a 17th-century mansion in France, which Fortune described as “the most expensive house in the world” at the time.It wasn’t until 2017 that it was revealed that the Saudi Crown Prince had purchased the Chateau Louis XIV in Louveciennes, west of Paris.
Prince Mohammed also paid $ 450 million for the painting “Salvator Mundi” by Leonardo da Vinci.During a Christie’s auction of the painting in 2017, he was an anonymous auctioneer over the phone.
Outside of politics, Prince Mohammed has ties to leading US technology companies and has visited the offices of many Silicon Valley companies, including Google and Apple.Crown Prince Mohammed (centre) met with Google CEO Sundar Pichai (left in photo) and Google co-founders Larry Page and Sergey Brin (right in photo) in the spring of 2018.Mohammed met with Amazon CEO Jeff Bezos during his trip to the American West.According to Uber’s most recent stock filings, Saudi Arabia’s sovereign wealth fund currently owns 5% of the ride-hailing company.This fund is also the largest investor in SoftBank Group’s Vision Fund in Japan.