BUSINESS
Business According to reports, Thailand King Maha Vajiralongkorn’s crown is adorned with a 545.67-carat brown Golden Jubilee diamond, which is believed to be the world's largest and most expensive diamond. Tanweer Azam Updated : Jul 22, 2024, 01:13 PM IST Thailand’s King Maha Vajiralongkorn is regarded by many as one of the world’s richest person. Maha Vajiralongkorn, who is also known as King Rama X, is the proud owner of a huge collection of diamonds and gems. The Thai King also possesses several cars, huge swathes of land and many luxurious items. According to Financial Times, Thailand's royal family’s wealth is over USD 40 billion i.e. 3.2 lakh crore. King Maha Vajiralongkorn’s properties are spread across Thailand. He owns 6,560 hectares (16,210 acres) of land in Thailand, including 17,000 contracts in capital Bangkok. It is learnt that the Thai King also owns 23 per cent stake in Siam Commercial Bank, which is the second largest bank in Thailand. He also owns 33.3 per cent stake in the country's largest industrial conglomerate, Siam Cement Group. According to reports, Thailand King Maha Vajiralongkorn’s crown is adorned with a 545.67-carat brown Golden Jubilee diamond, which is believed to be the world's largest and most expensive diamond. The Diamond Authority has estimated its value up to Rs 98 crore. According to Financial Times, Thai King own 38 aircrafts including 21 helicopters. His fleet of aircrafts includes Boeing, Airbus aircraft and Sukhoi Superjet. The Thai King spends Rs 524 crore annually on the maintenance of these aircrafts. King Rama X has a large fleet of cars, which includes more than 300 expensive cars including Limousine, Mercedes Benz. Apart from this, he also owns a fleet of 52 boats moves along with the royal boat. All the boats have gold carvings on them. Thailand King Maha Vajiralongkorn’s palace is spread over an area of 23,51,000 square feet. Notably, King Rama X does not live in the royal palace. Though the Thai King owns many priceless items he is not richer than Indian billionaires Mukesh Ambani and Gautam Adani. None
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