Thailand’s King Maha Vajiralongkorn has been granted full, personal ownership of royal assets thought to be worth at least $30bn (£22bn) due to a recent change in the law.
Until last year’s law change granting King Maha Vajiralongkorn ownership of royal assets, the Crown Property Bureau had control over the royal fortune on behalf of the monarchy since it was established in 1938.
Maha…
With many of the non-European royal families coming from oil-rich countries, it is no surprise that they boast great wealth.
Morocco
Mohammed VI, King of Morocco, is the country’s leading businessman and banker. In 2015, Forbes estimated that he was worth $5.7…
King Maha Vajiralongkorn has signed a new constitutional document in Bangkok with paves the way for a return to democracy in Thailand while still allowing the army to have an influential role in politics.
The document commits government to follow the 20-year development plan…
Still in its drafting stage, King Maha Vajiralongkorn (Rama X) has reportedly requested that the new Thai constitution be adjusted in certain key areas.
The former constitution that was in place from 2007 to 2014 was suspended by the National Council for Peace and Order, the military junta that now currently controls the Thai government, upon their seizure of power. A new constitution is…
