With a net worth of $40 billion, the Sultan of Brunei was briefly the world’s richest man. However, his net worth plummeted as a result of his excessive spending. Don’t feel sorry for him. He’s still worth almost $20 billion and is one of the world’s wealthiest royals. The Sultan is wealthy, spends, and has become more financially careful in recent years, but he still enjoys the occasional indulgence. He has a huge Palace of gold-plated Rolls Royce, a private zoo, and luxury hotels around the world. This is how Brunei’s Sultan spent $20 billion.
Sultan Hassan Al Bolkiah of Brunei
Sultan Hassanal Bolkiah’s fortune is $20 billion. Brunei’s net worth is entirely due to the country’s vast oil and gas reserves. Brunei Shell Petroleum managed oil production and extraction in the country, a joint venture controlled by the Brunei Government and Royal Dutch Shell. Oil and gas production generates around $103.00 each second. All of that dark gold has been converted into real gold by the Sultan. His Coronation in 1968 was a magnificent ceremony, and when Brunei gained independence from the British Monarchy in 1984, he briefly became the world’s richest person, with a net worth of $40 billion. Assault and extravagant spending swiftly spiraled out of control, and he and his brother, Prince Jefri Bolkiah, burned through billions like they were out of style. So, how did the Sultan spend all of his wealth?
Property and real estate
Brunei’s real estate portfolio is extremely outstanding. He owns opulent properties around the world. In addition to the Sultan’s formal house in Brunei, Istana Nurul Iman is a $1.5 billion Grand Palace with 1178 rooms and 257 bathrooms. During building, no cost was spared. The interior is lavishly decorated with gold woven carpet, diamond fittings, rare Italian marble, and the best Chinese silks. The spectacular dining hall at Istana ruling Monde can accommodate 5000 guests, and the Sultan’s Gold throne is the size of a modest apartment. According to the Guinness Book of World Records, the 2.2 million square foot Palace features five swimming pools, two mosques, and 564 diamond chandeliers. Iman is the world’s largest residential palace, just under rule.
way of life
To be honest, the Sultan of Brunei’s castle is so opulent that it makes Buckingham Palace look like a dump. Because he possesses a private zoo, the Sultan does not need to leave Brunei for a sumptuous vacation. A theme park as well as a world-class golf course. His $10 million private zoos is home to 30 Bengal tigers, Falcons, flamingos, and very talented cockatoos that can play basketball, ride bicycles, and even impersonate other animals. The Brunei government spent $1 billion to build Jerudong Park, which includes roller coasters, bumper cars, and water slides. Admission used to be free, however, there is now a small entrance fee. We’re guessing the Sultan still gets in for free.
Legendary golfer Jack now constructed the Sultan’s lavish golf course at the Empire Hotel and Country Club. Mr. Atlas, The course has beautiful coastal views and is frequently used to hold top-level professional competitions. You can even stay at one of the Sultan’s opulent hotels if you’re wealthy enough, thanks to the Brunei Investment Agency. The Sultan owns the Dorchester Hotel in London. The Beverly Hills Hotel is located in the county of Los Angeles. Jaylen, please step aside for Lynn Morrison, Paris, and Hotel Eden in Rome.
I’m aware that the Sultan of Brunei may have the world’s largest and most precious auto collection. He has almost 7000 vehicles, with a total collection worth $6.4 billion. The Sultan has a 500-car Rolls-Royce fleet, including a $14 million gold-plated silver spur and two limos for ceremonies and special occasions. His $600,000 Rolls Royce Phantom Six was built to his exact specifications, as was his $14 million Rolls Royce Phantom, 2 Continental called the Star of India. Is one of the most costly autos ever auctioned off. Some of the automobiles in the Sultan’s collection are one-of-a-kind. He has the only Mercedes-Benz CLK GTR with a right-hand drive transmission.
The $2.7 million supercars is quick and powerful in the globe thanks to its 6.0 litre V12 engine. The Sultan is said to own 5 McLaren F1s valued approximately $20 million apiece in terms of speed. For the Sultan, one car is never enough. The Ferrari legend was never produced, but the Sultan still possesses two of them. He also has other concept cars in his garage. He has a Bentley Java worth $3 million. That is one of only 18 ever produced. If you can get into the Sultan’s garage, you’ll find 100 Koenigsegg 500 Mercedes. There are 450 Ferraris, 21 Lamborghinis, and 11 Aston Martins in the fleet. According to the Guinness Book of World Records, his Rolls Royce collection is the largest in the world.
In addition, he owns three Bugatti EB110 Supersports, each worth approximately $2.5 million. In the 1990s, Ferrari created six special FX 50 for the Brunei Monarchy. The Sultan is said to own five of them still today. The Sultan keeps his collection locked away in the garage, although he was renowned for being quite the speed demon in his younger days; he and his brother, Prince Geoffrey, reputedly raced around the streets of Bond Arceri Bhagawan in Ferraris when they were younger.
When the Sultan of Brunei needed to fly around the world, he hopped in his $400 million Boeing 747. It’s so magnificent that many people refer to it as a flying palace, and it’s outfitted with $120 million in accessories such as solid gold washbasins and Lily Christel. The Boeing 747 is not the only private plane in the Sultan’s hangar. He also possessed a spectacular Airbus A342 twelve, which he paid $103 million for.
He clearly didn’t think it was luxury enough so he spent an additional 124,000,000 customising it to his exact specifications. The Sultan of Brunei did not purchase the magnificent party vessel, which Prince Jeffrey originally owned, but the Sultan was forced to take the yacht after his brother reportedly embezzled $16 billion. The superyacht has 24 karat gold fittings, a lot of marble, and elevators that connect the various decks.
Life at a party
When the Sultan of Brunei throws a party, he goes all out. For his 50th birthday, he threw a $27 million bash that included a gala dinner for 3000 people and three private Michael Jackson concerts. The Sultan spent $17 million for the King of Pop to sing and dance for him. The Sultan’s daughter was also lavishly feted. When the Sultan travels throughout the world, Whitney Houston performs at her wedding for $7 million. He only stays in the most luxurious hotels and has been known to spend up to $1,000,000 every trip.
When the Sultan visits London, he normally leases out the full floor to himself and his entourage at Saint Johns Lodge. The Brunei Government paid $55 million for the Fabulous Mansion, although the British Monarchy still owns the property. It’s not as opulent as his seat on the governing Mon, but it’s still one of the most costly private properties in the UK. Did you know that the Sultan is an ardent art collector as well? In the 1980s, he purchased the painting Young Girls at the Piano by French impressionist Pierre Auguste Renoir.
Mon is filled with Monet and Picasso paintings for $70 million and he initiated a ruling. Prince Jeffrey once had a $700 million art collection, but the Sultan saw it as well and had it auctioned off. The Sultan of Brunei isn’t going to get his hair trimmed at Supercuts. He can spend up to $24,000 per haircut. So, what’s the deal with the Sultan’s cough? So he pays for one of his favourite stylists, Ken Modesto, to fly from London to Brunei. Modesto will fly first class on Singapore Airlines in the sumptuous suite. The haircut alone costs several thousand dollars, and the Sultan even pays for modestos lodgings in Brunei.
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