Inside insane lives of world's richest royal family worth more than £1trillion

The British monarchy is arguably one of the wealthiest royal families in the world with an estimated fortune of £ 68 billion – but is only number five on the world list.

The Queen was believed to have personal wealth of £ 425 million in 2016, with most of the wealth of the British monarchy coming from inherited land and investment.

This is in addition to the sovereign grant to pay the expenses of the royal family, which comes from taxpayers.

But that wealth pales in comparison to the treasury of the House of Saud, the ruling family in Saudi Arabia.

The monarchy is said to be worth over £ 1 trillion – more than 16 times the wealth of the British royal family.

And with that amount, the royal family only expects the best.

Private jets, luxury superyachts, helicopters, palaces, luxury chateaus, gold furnishings in their opulent homes – and even a gold-plated tissue dispenser.

One of the largest publishers of the royal family is Crown Prince Mohammed Bin Salman.

On a wall in one of his Saudi Arabian palaces hangs a £ 360 million painting by Leonardo Da Vinci.

The Crown Prince, who is the heir apparent, would also have purchased a £ 400 million superyacht, a £ 240 million castle in France, two houses in London and an entire compound on the south coast of Spain.

King Salman bin Abdulaziz of Saudi Arabia is also one of the world's richest men

As Deputy Prime Minister – his father, King Salman is Prime Minister – the Crown Prince would be the power behind the throne.

In addition to his massive spending, he has also made some significant cultural changes in Saudi Arabia, including lifting the ban on driving women.

But with a personal fortune of nearly £ 2.5 billion, he can certainly afford to splash the money.

Unlike the British royal family, the Saudi monarchy has not obtained its wealth from the country – instead, their huge fortunes come from the vast oil reserves in the Middle East.

The Crown Prince also seems to have turned his attention to taking over a football club and is believed to lead a consortium that wants to buy Newcastle United.

However, he refuses to draw on how great his enormous wealth actually is.

A superyacht from the Saudi prince Waleed

In an interview with CBS News, the Crown Prince insisted that his finances be a private matter.

He added, “I am a rich person and not a poor person. I am not Gandhi or Mandela. I am a member of the ruling family that existed hundreds of years before the establishment of Saudi Arabia.”

His father the king, who came to the throne in 2015, is said to have a personal fortune of £ 13.5 billion.

One of the wealthiest members of the Saudi royal family is Prince Alwaleed, who reportedly had £ 15 billion in wealth and was the 45th richest man in the world.

But then he was arrested by order of the Crown Prince.

Prince Alwaleed bin Talal was arrested and allegedly paid a financial fine

He was one of three members of the royal family arrested in November 2017 as part of a government corruption campaign.

He was released a few months later and is believed to have made a financial settlement and has disappeared from the Forbes list.

However, the prince still owns a massive superyacht used in the James Bond movie, Never Say Never Again.

He also has only two palaces, of which a third is currently being built. The Kingdom Palace is the residence that the prince calls his most important home.

The sand-colored palace is worth £ 105 million and features 317 rooms, five kitchens, one of which is exclusively for desserts, a lagoon-shaped pool and a 45-seat movie theater.

One of the opulent rooms in the Al-Salam Royal Palace in Jeddah, Saudi Arabia

In addition, 1,500 tons of Italian marble were used in the construction of the palace and the floors are covered with oriental silk carpets.

And there is little chance that the prince will ever get bored when he is at home, because the palace has 250 TVs.

In addition to its opulent palaces, Prince Alwaleed also owns the Kingdon Resort, which has three lakes and huge gardens.

His third palace, called Kingdom Oasis, will have its own zoo.

Despite their excessive spending, the Saudi royal family insists that they put billions in charity projects every year.

Prince Alwaleed bin Talal has founded his own charity, Alwaleed Philanthropies, to which he has given billions.

He said, “Philanthropy is a personal responsibility, which I started over three decades ago and is an intrinsic part of my Islamic faith.”

And when King Salman came to the throne, one of his first acts was to give £ 35 billion to the common Saudi people.

The money is given to “all state employees, soldiers, students and retirees, as well as generous grants to various professional associations and literary and sports clubs”.

Three million of the five million inhabitants of Saudi Arabia work for the state, and everyone received the equivalent of two months’ wages.

They have also donated millions to promote the business of women entrepreneurs.