Sultan of Brunei Net Worth 2020

Sultan of Brunei Net Worth

Sultan of Brunei Net Worth: The Sultan of Brunei, often known as Hassanal Bolkiah Mu’izzaddin Waddaulah, has a Net Worth of $30 billion. He is the 29th and present Sultan and Yang di-Pertuan of Brunei, in addition to the Prime Minister of Brunei. After Queen Elizabeth II, the sultan is the second longest-reigning monarch in the historical past. With his honorary titles, Net Worth, and astonishing energy and management, Bolkiah has made his mark on historical past, in addition, to make us all jealous of his lavish and distinctive life-style.

Sultan of Brunei.

Early Life: Born on July 15, 1946, in Istana Darussalam, Brunei Town as Pengiran Muda Mahkota (Crown Prince) Hassanal Bolkiah, his full official title is Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah ibni Al-Marhum Sultan Haji Omar ‘Ali Saifuddien Sa’adul Khairi Waddien Sultan and Yang di-Pertuan of Brunei Darussalam. He obtained his highschool schooling at Victoria Institution in Kuala Lumpur and graduated from the Royal Military Academy Sandhurst within the United Kingdom in 1967.

Reign: Bolkiah turned the Sultan of Brunei (a tiny sultanate on the island of Borneo) Darussalam when he was simply 15 years previous, on October 5, 1967, after his father abdicated the throne. When Bolkiah took over from his father, Brunei was already ridiculously rich because of its wealthy oil assets.

He was coronated on August 1, 1968, and was made Head of State of Brunei and knighted by Queen Elizabeth II of the United Kingdom. As Sultan, he has full and complete authority. As if that wasn’t satisfying sufficient, he’s the Prime Minister of Brunei and head of authorities as nicely. He additionally holds the positions of each Minister of Defence and Minister of Finance. As Minister of Defence, he’s due to this fact the Supreme Commander of the Royal Brunei Armond Forces and an Honorary General within the British and Indonesian armed forces and an Honorary Admiral within the Royal Navy. The sultan additionally appointed himself as Inspector General of Police (IGP) of the Royal Brunei Police Force. Incidentally, he additionally has many honorary doctorates from universities, together with the National University of Singapore, and the University of Oxford, England, UK.

Sultan of Brunei Net Worth

Enforced Religion: In 1991, he launched a conservative ideology to Brunei known as Melayu Islam Beraja, which presents the monarchy because of the defender of the religion. He favors Brunei authorities democratization and has declared himself President. In 2004, he reopened the Legislative Council, which had been dissolved since 1962. Bolkiah is Head of Religion and Islam is the official faith of the nation. Mosques, prayer halls, and stations had been constructed throughout the nation below his rule. The sultan dominated that Islamic celebrations equivalent to Early Years Celebration Prophet’s birthday, Isra and Miraj, and Nuzul Al Quran are to be celebrated on a big scale and that prayers are compulsory on Fridays. In 2014, Bolkiah advocated the adoption of Islamic sharia penalties together with that adultery is punishable with death by stoning. Hassanal Bolkiah additionally banned celebrations of Christmas in 2015, together with carrying any merchandise of clothes that resembled Santa Claus. However, the ban solely impacts native Muslims, and Christians are nonetheless allowed to rejoice Christmas. He additionally put in place a ban on Christmas decorations in public locations.

Anti-LGBT Legislation: In 2019, homosexuality, already unlawful in Brunei, additionally turned a criminal offense punishable with dying by stoning in-laws spearheaded by the Prime Minister. This sparked worldwide protests and boycotts of quite a few firms owned by the Brunei Royal Family, most notably the Dorchester Collection, a gaggle of fashionable inns owned within the US and Europe by the sultan. Celebrities like George Clooney, Elton John, and Ellen DeGeneres publicly known as for a boycott of all inns related to the sultan. In protest, a U.S nationwide LGBT advocacy group known as the Gill Action Fund canceled its reservation to carry a convention of main donors on the Beverly Hills Hotel and demanded a refund of its deposit. Major names in style design equivalent to Brian Atwood and Peter Som knew as for wider protests, urging the style trade to boycott all inns owned by the Dorchester group. In January 2013, the Royal College of General Practitioners designated the sultan the primary Companion for the school for providers to healthcare in Brunei and overseas. But in mild of the anti-LGBT laws, RCGP withdrew this honor.

Hotels: The Sultan of Brunei owns the next inns by way of a holding firm known as the Dorchester Collection which is owned by the “Brunei Investment Agency”. Hotels in his assortment embrace:

  • The Beverly Hills Hotel (Los Angeles)
  • Hotel Bel-Air (Los Angeles)
  • The Dorchester (London)
  • 45 Park Lane (London)
  • Coworth Park (Ascot, UK)
  • Le Meurice (Paris)
  • Hotel Plaza Athénée (Paris)
  • Hotel Principe di Savoia (Milan)

Other Assets:  Apart from primarily operating Brunei, Bolkiah makes time to deal with his assortment of cars. It has been reported that Bolkiah owns anyplace from a minimum of 3,000 – 6,000 vehicles, together with a gold-coated Rolls-Royce. He prefers distinctive vehicles to the run of the mill and is consistently searching for one thing new. Bolkiah additionally has a Boeing 747 for his personal use, in addition to a theme park known as Jerudong Park. He constructed a 1,788 room palace, the most important non-public house on the planet, and a personal zoo that holds 30 Bengal tigers. The palace additionally has an in-depth polo advanced. For his 50th birthday, the sultan employed Michael Jackson to carry out at his non-public get-together. The sultan’s 12 kids additionally will be inclined to lavish spending, with one of his sons Prince Azim reported to have flown jewelry to Mariah Carey through a non-public jet.

Sultan of Brunei has a Net Worth of $30 billion

Personal Life: The sultan is understood for some familial conflicts, notably along with his brother, Prince Jefri Bolkiah, who is called the “Playboy Prince.” The two had been concerned in an intense authorized argument which was finally settled in 2006. The sultan’s first spouse was his first cousin, Pengiran Anak Saleha. His second spouse was Mariam Abdul Aziz. They divorced in 2003 and she or he was stripped of all her royal titles. In August 2005, he married Azrinaz Mazhar Hakim, who was 33 years his junior. They divorced in 2010 and she or he was additionally stripped of all titles, honors, and allowances. The sultan has 12 kids from his three former wives and 18 grandchildren.

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