15 Ridiculously Expensive Things Owned By World's Richest Royals
The world is obsessed with the word ‘Royalty,’ and it’s probably because we associate them with fairy tales and a different time. However, there are many Royal families today, and their life of luxuries is filled with opulence as well as decadence. Take a look at some of the indulgences everyone envies.
15. Golden Jubilee Diamond
An impressive piece of jewelry that weighs 545.67, it’s the biggest in the world. The owner is the King of Thailand, who spent approximately 12 million dollars on it, though some people believe that if auctioned, it could go for more money.
It was blessed by Pope John Paul II and the Buddhist Supreme Patriarch of Thailand. Furthermore, due to its rareness, it was cut in a special room underground without noise or movement. The diamond was fashioned into a fire rose cushion cut, and it’s kept in the Thai palace as part of the crown jewels.
14. Istana Nurul Iman
Considered the largest palace in the world, it’s the current residence of the Sultan of Brunei. It cost approximately 1.4 billion dollars to make, and the designers went on to make the Burj Al Arab hotel later. The palace has 1788 rooms, 257 bathrooms, a banquet hall for over 5,000 people, a mosque, and more.
The estate also features an air-conditioned stable for 200 polo horses belonging to the Sultan, five swimming pools, expensive decorations like 564 chandeliers, and even a 110 car garage. Who needs this much luxury?
13. Queen Elizabeth II’s art collection
Believed to be the biggest and most exclusive art collection in the world, it’s exhibited at 13 Royal homes around the UK. The collection has more than 7,000 paintings, 30,000 watercolors, 500,000 prints, and drawings. 3,000 items of this precious collection are currently on loan to several museums for temporary showings.
Naturally, the collection has several portraits of former Royals such as King Henry the 8th, King George the 5th, Queen Victoria, and Queen Elizabeth the 1st. Other portraits include Winston Churchill, Lord Nelson, Charles Dickens, and Margaret Thatcher.
12. Grace Kelly’s home
Prince Albert of Monaco bought Kelly’s childhood house as it's the place where his mother got engaged to Prince Rainer the 3rd in 1955. It’s a colonial estate located in Philadelphia, worth around $1 million. Prince Albert wanted to save the home from certain demolition.
11. Alamshar Yacht
The yacht belonging to Aga Khan is a 164ft structure that’s worth around $200 million. It was named Alamshar in honor of his thoroughbred racehorse. Aga Khan commissioned the vessel in the 90s, and the designers expected it to be the fastest in the world at 70 knots. It’s said to have several bedrooms, a relaxation area, and modern-day technologies.
10. Monte Carlo Casino
It’s another luxury owned by Prince Albert of Monaco and was opened in 1863. The casino offers all kinds of games to the guests such as slot machines, craps tables, roulettes, and more. Joseph Jagger made the place famous in 1973 when he discovered a bias on one of the roulette wheels, winning a lot of money.
The 2004 movie ‘Ocean’s Twelve’ was filmed at the casino, and it has appeared in several James Bond movies. Their profits are completely confidential, but it rakes in an estimate of hundreds of millions of dollars each year.
9. Drakensteyn Castle
Located in Baarn, Netherlands, it’s the residence of Princess Beatrix of the Netherlands. Former Queen Beatrix purchased the estate when she was the heir to the throne in 1963. The family later moved to The Hague when Beatrix ascended the throne in 1980.
The castle was constructed around 1640 and 1643 and features an octagonal shape with a moat surrounding it just like in fairy tales. Beatrix moved back to the castle when she abdicated the throne in 2013.
8. Sandringham House
Another luxury owned by Queen Elizabeth II, Sandringham House has been the country retreat of the British monarchs for many years. The estate has 24 hectares of gardens, where the family usually spends the Christmas holidays. The land also features several properties like York Cottage, Park House where Diana Princess of Wales was born, Amner Cottage, and Wood Farm.
7. Al Said Luxury Yacht
The gigantic structure is worth around $300 million, and it’s owned by the Sultan of Oman. The boat features 30 luxury cabins for more than 65 guests, the crew has 140 members, who sleep in the 70 cabins below. Considered one of the largest in the world, it also has a helipad.
6. The Duchy of Lancaster
The estate holds several lands and houses, and it’s another luxurious holding on this list owned by Queen Elizabeth II. The Duchy has 45,550 acres of lands that include estates, farmland, historic buildings, and malls along England and Wales. It’s worth a whopping 472 million pounds.
Some of the properties include Lancaster Castle, Bolingbroke Castle, Goathland Estate, Pickering Castle and the Savoy Estate in London. In 2017, the revenue of the Duchy was valued at 19.2 million pounds.
5. Abu Dhabi Investment Company
The owner Hamin bin Zayed Al Nahyan is the Emir of Dubai, and the company consists of investment funds meant for projects around the United Arab Emirates. Their total holdings are completely secret but experts estimate it at around $800 billion to $875 billion. The Authority owns tons of real estate in several countries like London, United States, and in the Middle East.
4. Villa Rocco Dei Dragoni
Located in Tavernelle, Italy, it’s a private land owned by Princess Beatrix and Prince Claus, who bought it for their children in 1975. The original owner was the Count of Vicini, who has many other properties around the area for growing olives. Unfortunately, there are no pictures of the inside of the villa or estimates of its value.
3. Qatar Investment Authority
The holding company is owned by Sheikh Abdullah bin Mohammed bin Saud Al Thani. It's believed to be the second largest investment fund, second only to Abu Dhabi Investment Authority. The company owns the Qatari Investment company.
Their value is set around $170 billion in assets, and they are currently expanding into natural gas, one of the world’s biggest exports. Furthermore, they own the Qatar Holding Company, 50% of the Qatar National Bank, and 16% of the Qatar Islamic Bank.
2. Al Alam Royal Palace
The current residence of Sultan Qaboos of Oman was built by Iman Sultan Bin Ahmed, the 7th grandfather of Qaboos. It was remolded in 1972 to make it the official royal residence and features a façade of gold and blue.
Visitors are not allowed to enter, but they can take pictures, and the estate is used for several functions like meeting with important dignitaries. It’s surrounded by the Mirani and Jalali Forts, which were constructed by the Portuguese in the 16th Century.
1. Palace of Liechtenstein
Located in the city of Vienna and owned by the Royal family of Liechtenstein, it took several years to complete, from 1692 to 1705, but it was almost destroyed during World War II after a bombing. The palace went through a remodel in 2013, and it features the 19th-century art collection belonging to the princes.
It’s owned by Hans-Adam II, the Prince of Liechtenstein, who has a net worth of $3.5 billion. Their other holdings include a bank, several investments, other palaces, land, and more artwork.
It’s strange to think about how rich these families really are, and that their funds don’t really come from taxpayers as most people believe. The Royals have built their fortunes for many years, and they keep making savvy investments every day. If you like this article, share it with your friends. Until next time!