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Thursday, December 7, 2023

Thailand’s King Maha Vajiralongkorn spends Rs 524 billion on aviation maintenance and fuel

<p>The King of Thailand, Maha Vajiralongkorn, is one of the wealthiest people in the world and one of the richest royals, with a net worth estimated at $40 billion (Rs 3.2 lakh crore). He is often regarded to be the richest royal figure, yet others criticize him for having “unfavorable intelligence.” He now rules Thailand as its current king. He is renowned for throwing lavish parties and is said to spend 125 million dollars on each one.</p>
<p>King Maha Vajiralongkorn is one of Thailand’s wealthiest landowners because to his huge property holdings around the nation. He has 40,000 rental contracts around the country, including a sizable number in the nation’s capital, Bangkok, and 6,560 hectares (16,210 acres) of land. The size and importance of his real estate holdings are shown by the fact that these properties are home to many government structures, shopping centers, hotels, and other businesses.<img decoding=”async” class=”alignnone wp-image-104430″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/07/theindiaprint.com-the-icai-ca-foundation-2023-results-are-anticipated-to-be-released-today-at-icai-org-eb408ee83d-750×422.jpg” alt=”” width=”1495″ height=”841″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/07/theindiaprint.com-the-icai-ca-foundation-2023-results-are-anticipated-to-be-released-today-at-icai-org-eb408ee83d-750×422.jpg 750w, https://www.theindiaprint.com/wp-content/uploads/2023/07/theindiaprint.com-the-icai-ca-foundation-2023-results-are-anticipated-to-be-released-today-at-icai-org-eb408ee83d-768×432.jpg 768w, https://www.theindiaprint.com/wp-content/uploads/2023/07/theindiaprint.com-the-icai-ca-foundation-2023-results-are-anticipated-to-be-released-today-at-icai-org-eb408ee83d-390×220.jpg 390w, https://www.theindiaprint.com/wp-content/uploads/2023/07/theindiaprint.com-the-icai-ca-foundation-2023-results-are-anticipated-to-be-released-today-at-icai-org-eb408ee83d-150×84.jpg 150w, https://www.theindiaprint.com/wp-content/uploads/2023/07/theindiaprint.com-the-icai-ca-foundation-2023-results-are-anticipated-to-be-released-today-at-icai-org-eb408ee83d.jpg 1024w” sizes=”(max-width: 1495px) 100vw, 1495px” /></p>
<p>According to reports, King Maha Vajiralongkorn owns 33.3% of Siam Cement Group, the nation’s biggest industrial conglomerate, and 23% of Siam Commercial Bank, Thailand’s second-largest bank.</p>
<p>The stunning 545.67-carat brown Golden Jubilee diamond, which is acknowledged as the biggest and most valuable diamond in the world, is also among his royal jewels. The Diamond Authority estimates its worth to be over Rs 98 crore, adding it to the King of Thailand’s renowned belongings.</p>
<p>The costly hobbies of the Thai King reveal his affluence. He owns an astonishing 38 aircraft, including 21 helicopters, in addition to Boeing, Airbus, and Sukhoi Superjet models. With Rs 524 crore spent per year only on gasoline and plane maintenance, preserving such a large and expensive collection is expensive.</p>
<p>The King of Thailand does, in fact, drive a vast and spectacular convoy of automobiles that includes more than 300 high-end vehicles, such as Mercedes Benz and limousines. The Royal Boat, which predates the royal family’s fleet of automobiles, is an important contribution. The 52 boats that make up the Suphanahong flotilla, which is accompanied by the royal boat, are all decorated with beautiful gold carvings.</p>
<p>Thailand’s Grand Palace has an area of 23,51,000 square feet. It was finished in 1782 and has historical value as a representation of Thailand’s royalty and past. But it’s important to remember that King Rama X (Maha Vajiralongkorn) doesn’t live there. Instead, it is mostly utilized for official events and ceremonies. It also contains a number of government offices and museums that display the wealth of cultural and historical artifacts found in the nation.</p>
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