Thai king takes control of $30bn assets
17th June 2018
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…