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The Rich & Powerful Sultan Of Brunei Worth Over $20 Billion

The Sultan of Brunei, Hassanal Bolkiah

The Sultan of Brunei, Hassanal Bolkiah is the Prime Minister and ruler of Brunei, a tiny oil-rich nation in Asia and home to about 430,000 people who mostly live in poverty.

Bruneiís Sultan Hassanal Bolkiah (C) and members of the royal family leave the throne room after his 67th birthday celebrations at Nurul Iman Palace in Bandar Seri Begawan September 15, 2013. Hassanal Bolkiah was born on July 15, 1946. The official birthday celebrations were postponed to September 15 due to the Sultan’s birthday falling in the month of Ramadan, according to local media. REUTERS/Ahim Rani (BRUNEI – Tags: ROYALS ANNIVERSARY) – RTX13LU7

Bolkiah as an absolute monarch, is also the finance minister, foreign affairs and trade minister, superintendent of police, defence minister, commander of the armed forces and the chancellor of the national university.

Bolkiah is stinkingly rich and according to a forbes 2011 report, he is estimated to be worth over $20 billion. He became the Sultan after his father abdicated the throne in 1967.

He holds the record as the second longest-reigning monarch in the world, behind Elizabeth II. The Sultan makes his money from exports of oil and natural gas. It has been revealed that he makes around $147 every second, which is why he has grown very rich and powerful.

The Sultan’s Royal Palace can accommodate 5,000 persons. Thesun.co.uk/Source: The Sun

Tales about the extravagant lifestyle of the Sultan and his brother jefri abound. For instance, the Sultan lives in the Instana Nurul Iman Palace, which is the largest royal palace in the world. The Instana Nurul Iman Palace has about 1800 rooms and is said to be worth a staggering $1.8 billion according to thenews.com.au.

The palace made of gold and diamonds, has a banquet hall capable of accommodating 5,000 guests. It boasts of a massive mosque, five swimming pools, airconditioned pony stable and many other accessories for comfort.

A swimming pool inside the palace
thesun.co.ukSource:The Sun

The Sultan is a luxury and speed car freak. He has a collection of Rolls Royces, Ferraris, Bentleys, Lamborghinis, Aston Martins and Jaguars valued at a whopping $9 billion. Apart from having a fleet of private planes, the Sultan also has a Boeing 747 that is gold plated worth about $431 million.

He fought with and sued his brother, Prince Jefri whom he accused of lavishing billions on 2,000 cars, 17 airplanes and expensive yachts, including other investments.

In spite of that, the monarch has not stopped spending money on his own. He has a two more planes – an Airbus and Boeing 767 worth a combined $389 million.

A gold-plated Rolls Royce belonging to the Sultan that’s used for royal weddings. Picture: thesun.co.ukSource:The Sun

The Sultan surely sleeps on money. At his 50th birthday in 1996, the Sultan paid the king of pop, Michael Jackson, about $25.8 million for three concert appearances to celebrate with him.

A photo showing the Sultan’s immense car collection. thesun.co.uk/Source: The Sun

He is married to his cousin, Raja Isteri Pengiran Anak Hajah Saleha, who is his wife and Queen Consort. He had married and divorced two other women. Prince Al-Muhtadee Billah is the Crown Prince and heir to the throne. He is the Sultan’s oldest son.

The Sultan’s banquet hall that can accommodate 5,000 guests. thesun.co.uk/Source:The Sun
A party going on at the palace. thesun.co.ukSource:The Sun
One of the Sultan’s many planes. thesun.co.uk/Source:The Sun
Sultan Omar Ali Saifuddien Mosque, one of Brunei’s most famous landmarks. Picture: AP/Vincent ThianSource:AP

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