Queen of England Far Behind UAE on Richest Royals List

by Jared Paul Stern (RSS feed)
Sep 11th 2008 at 6:02PM

More bad news for the Queen of England - she has fallen to 12th place on Forbes' list of the world's richest royals. Earlier this month we reported that the value of her London residence, Buckingham Palace, had fallen by a whopping $100 million thanks to declining property values.

Now Elizabeth II is suffering the added indignity of languishing on the rich list, as her measly $650 million fortune puts her well behind the UAE's oil-rich rulers. In the No. 1 spot for the first time is King Bhumibol Adulyadej of Thailand, with a net worth of $35 billion, who apparently shot up the list as a result of admitting he was richer than previously thought.

At No. 2 is Sheikh Khalifa bin Zayed Al Nahyan, president of the UAE and hereditary ruler of Abu Dhabi, with a net worth of $23 billion. No. 3 is King Abdullah bin Abdul Aziz of Saudi Arabia, worth $21 billion. And Sheikh Mohammed bin Rashid, ruler of Dubai, clocks in at No. 5 with $18 billion. See the complete list here.

Tags: abu dhabi, AbuDhabi, buckingham palace, BuckinghamPalace, Dubai, King Abdullah bin Abdul Aziz, King Bhumibol Adulyadej, KingAbdullahBinAbdulAziz, KingBhumibolAdulyadej, Queen Elizabeth II, Queen of England, QueenElizabethIi, QueenOfEngland, Royalty, Saudi Arabia, SaudiArabia, Sheikh Khalifa bin Zayed Al Nahyan, Sheikh Mohammed bin Rashid, SheikhKhalifaBinZayedAlNahyan, SheikhMohammedBinRashid, Thailand, UAE, united arab emirates, UnitedArabEmirates

Filed under: Wealth

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solomon Sep 17th 2008 6:51AM

QUEEN i will be very elated if you can redress my present predicament which keep me outoff school which happen due to my parent state of health.
Thanks and God bless

FRM solomon chigbo obelenwa a Nigerian