Jakarta, CNBC Indonesia – Apart from being seen as a figure guarding the two holy mosques for the world’s Muslims, the extended family of the King of Saudi Arabia Salman Bin Abdulaziz Al Saud is also known as a super rich royal family. Even recently, the wealth of the Al Saud family is predicted to reach US $ 1.5 trillion or the equivalent of Rp. 21,000 trillion (exchange rate of Rp. 14,000 / US $).
Of the 15,000 large Al Saud families, only 2,000 members own the majority of the wealth. These core members make up the ‘House Of Saud.’ This wealth began to accumulate since 1700.
The kingdom’s fortunes exploded with the start of massive oil exploration in the country. The royal family controls a state-owned oil company called Saudi Aramco which is listed on the Tadawul Exchange.
It is their company that holds the record for the second largest crude oil reserves and the largest daily oil producer. This is how the Al Saud family became the richest kingdom in the world, even more prosperous than the British royal family as reported TheRichest.
Of the wealth of fantastic value, there are three members of the government who hold a dominant role in managing the entire wealth. They are King Salman bin Abdul Aziz Al-Saud, his heir and Crown Prince, Mohammad bin Salman (MBS), and his nephew Prince Alwaleed bin Talal.
However, these royal figures are not typical of figures who often show off. The Saudi royal family tries to keep information about their assets secret.
However, King Salman is known to have owned at least four lavish, stately estates. One of the palaces is Murabba Palace which has 32 rooms and about seven courtyards.
NEXT: The story of his wealth continues
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