How rich is Prince Muhammad?
It’s important to understand that the $1.4 trillion figure represents the collective wealth of the entire Saudi royal family, not just Mohammed bin Salman. This wealth is largely derived from the country’s vast oil reserves. Saudi Arabia is the world’s largest oil exporter, and the royal family has a controlling stake in the state-owned oil company, Aramco.
The royal family’s wealth is also tied to various other investments, including real estate and financial assets. While the exact breakdown of their holdings is not publicly available, it’s clear that they have significant control over the country’s economic resources.
It’s worth noting that the wealth of the Saudi royal family has come under scrutiny in recent years, with some critics arguing that it is excessive and that it fuels inequality. However, the family continues to maintain a powerful position in Saudi society and global politics.
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