King Maha Vajiralongkorn's Net Worth 2024 and Biography

After King Bhumibol Adulyadej of Thailand passed away in 2016, his son, King Maha Vajiralongkorn, also known as Rama X, became the wealthiest king in history. He is considered one of the richest monarchs in Asia and globally. He is the king of Thailand. Let's explore the net worth of King and all other details with NetWorthMama!

Vajiralongkorn's Net Worth 2024

King Vajiralongkorn is crowned as the tenth king of the Chakri family. He held the throne at the age of 64, making him the oldest Thai King in history. Vajiralongkorn net worth in 2024 is estimated at least $30 billion, making him the wealthiest monarch in the world. 

King of Thailand Wealth Sources

The King of Thailand derives much of his income from real estate and various business ventures. When Vajiralongkorn mounted to the throne, he took possession of the assets and started utilizing them. He manages the property's real estate holdings through his Crown Property Bureau. The Crown Property Bureau possesses 13,200 acres of land and property in the countryside and 3,300 acres of real estate in the heart of Bangkok. The King is recognized as one of the ten largest landlords globally. The Bureau also owns approximately 36,000 rental units in Thailand. 

The King owns a 32% stake in Siam Cement, one of his non-real estate assets. This particular interest holds a value of approximately $13 billion on its own. The Shin Corporation is a diverse business that combines various industries, including banking, media, aviation, advertising, and telecommunications. He is a 23% shareholder in Siam Commercial Bank, which happens to be Thailand's largest bank. Additionally, he has expressed interest in the insurance sector. 

Read More King Charles III net worth 2024, Family & Military Career

Early life and education

He was born on July 28, 1952, in the Amphorn Sathan Residential Hall of the Dusit Palace in Bangkok, Thailand. The crown prince was bestowed with the name Vajiralongkorn Boromchakrayadisorn Santatiwong. 

Vajiralongkorn started his education at the Chitralada School in Dusit Palace in 1956, attending kindergarten there. Upon completing Mathayom 1 (seventh grade), he continued his education at private schools in the UK. In July 1970, he completed his high school education at Millfield School in Somerset. Before that, he attended King's Mead in Seaford, Sussex, for prep school. In August 1970, he attended a five-week training course at The King's School in Sydney, Australia. 

In 1972, the prince attended the Royal Military College, Duntroon, at the University of Canberra in Australia. At Duntroon, he attended the Australian Army's military academies. He pursued a bachelor's degree at the University of New South Wales. Upon completing his liberal arts degree in 1976, he was promoted to lieutenant. 

In 1982, he earned his bachelor's degree in law with a second-class grade from Sukhothai Thammathirat Open University.

Career

The Journey Prince Vajiralongkorn Embarked on to Become a Monk and Serve in the Military. Prince Vajiralongkorn underwent the process of monastic ordination at Wat Phra Kaew when he was 26 years old. This marked the beginning of a brief yet significant monastic journey. He chose the monk name "Vajiralongkornno" after participating in 15 days of ceremonies at Wat Bowonniwet Vihara, as is tradition. 

Vajiralongkorn had a successful career in the Royal Thai Army after shifting his focus from religion to military service. He began his career as an officer in the Directorate of Army Intelligence. He gradually rose through the ranks to become the deputy commander of King Chulalongkorn's Own Guards and the leader of the 4th Infantry Battalion, 1st Infantry Regiment. As he climbed the ranks of the royal family, his military duties gradually shifted from being of utmost importance to taking on a more ceremonial role. 

In addition to his military responsibilities, Vajiralongkorn made efforts to enhance healthcare accessibility by constructing "Crown Prince Hospitals" in underserved areas. One of his many endeavours to enhance farming was the "Mobile Agricultural Clinic Project." They aimed to assist country farmers in enhancing their productivity and gaining knowledge about contemporary farming methods. The Rajabhat University system has awarded countless degrees and grants to individuals with exceptional dedication and effort. He was a big advocate for higher education. 

Under Vajiralongkorn's rule, there was a significant increase in protests and arguments, which brought him a great deal of attention. Thailand is currently experiencing a wave of protests due to widespread dissatisfaction with certain foreign policies and behaviour, which has faced significant criticism. Due to his decision to remain in Germany during political turmoil, there has been significant discussion and demands for an inquiry into his activities overseas. 

Vajiralongkorn enjoys a variety of activities during his leisure time. He enjoys spending time at his home in Bavaria, Germany, engaging in sports and going for bike rides. The governments of both Germany and Thailand have been well-informed about his diplomatic work ever since he relocated to Germany. This work primarily focuses on topics related to foreign governance. 

In general, Prince Vajiralongkorn's wide range of achievements, experiences in various locations across the globe, and transition from a life as a monk to military service highlight the intricacies of his personality. Throughout his reign, he experienced many events that garnered both admiration and disapproval. 

 Personal Life

Vajiralongkorn, also known as Rama X, ascended to the throne of Thailand on July 28, 1952. He is serving his first term as King, making him the eleventh Chakri king of Thailand. 

His father, King Bhumibol Adulyadej (Rama IX), appointed him as crown prince at 20 in 1972. Queen Sirikit and King Bhumibol Adulyadej have a single son. After his father's passing on October 13, 2016, the Thai government claimed that this was the moment he assumed power. When Vajiralongkorn ascended to the throne of Thailand, he made history as the oldest King. 

FAQs

What is the King Vajiralongkorn net worth?

King Vajiralongkorn net worth 2024 is estimated at $30 Billion

Who is Vajiralongkorn?

Vajiralongkorn is a king of Thailand

 Why is Vajiralongkorn so rich?

The King of Thailand Vajiralongkorn is so rich because his wealth is based on banks, industrial sales, and real estate.