at this point if you did not know that the Saudi royal family is the richest in the world you must be living under a rock no offense from sponsoring expensive football teams to owning luxury properties of extraordinary proportion the wealth of the Saudi royal family breaks the imagination of the Common Man still don't believe me yet well in this video I present to you the Saudi royal family the richest family in the world the history the history of the Saudi royal family begins with the shakdem of derria a significant chapter in the family's journey to
power it was during this time that the foundation of the house of saoud was laid setting the stage for their future dominance in the Arabian peninsula in the late 18th century Muhammad bin sa the patriarch of the family established the shakum of Dera this marked the first step towards the unification of the fragmented Arabian tribes under the banner of the House of saoud Muhammad bin saoud a charismatic and ambitious leader sought to expand his influence and establish a unified Arab State under the leadership of Muhammad bin saoud the shaked them of derria flourished the family
formed alliances with the powerful influential wahhabi religious movement led by Muhammad bin Abdul wahhab this alliance between the house of Saud and the wahhabi movement would prove to be a defining factor in the family's rise to power the Emirate of Dera emerged as the next phase in the house of saud's Journey with the support of the wahhabi religious movement Muhammad bin sa's son abdulaziz I continued his father's mission of expansion and consolidation abdulaziz 1 was a formidable leader known for his military prowess and strategic alliances during his Reign from 176 5 to 1803 abdulaziz wife
successfully conquered vast territories including the holy cities of Mecca and Medina this marked a significant turning point for the house of saoud as their rule extended beyond the boundaries of Dera the capture of Mecca and Medina solidified the family's religious legitimacy and further enhanced their status among the Arab tribes however the house of sa's growing power and influence posed a threat to the Ottoman Empire which sought to maintain control over the region the Ottomans alarmed by the rise of the Saudis and their Alliance with the wahhabi movement launched a campaign to crush the house of
Saud and the wahhabi religious movement in 1818 the Ottoman Empire with the assistance of the Viceroy of Egypt successfully defeated the Saudis and brought an end to the Emirate of derria the House of saoud was forced into Exile and the region fell under ottoman control once again despite this setback the house of saud's determination and resilience would not be extinguished the family went into hiding biding their time and waiting for an opportunity to reclaim their power little did they know that their Exile would be temporary and a new chapter in their history was about to
unfold after the fall of the Emirate of derria the House of saoud faced a period of Exile and uncertainty however their determination to reclaim their power and establish a unified Arab State remained unwavering this led to the emergence of the Emirate of Ned a crucial phase in the history of the Saudi royal family under the leadership of turkey bin Abdullah the grandson of Muhammad bin saoud the house of Saud regrouped and began their quest to regain control turki bin Abdullah a charismatic and strategic leader sought to unite the Arabian tribes once again under the banner
of the House of Saud during his Reign from 1823 to 1834 turkey bin Abdullah successfully expanded the influence of the House of Saud with Riyad as the capital of the newly formed Emirate of nid he established alliances with various tribes forging strategic Partnerships that would prove instrumental in the family's future endeavors however the death of turkey bin Abdullah in 1834 led to a period of succession disputes and internal conflicts within the house of saoud this resulted in a civil war that lasted for several years weakening the family's position and threatening their aspirations for a unified
Arab state it wasn't until the rise of fisel Bin turkey the son of turkey bin Abdullah that the house of saoud regained its strength and stability fisel bin turkey a skilled Diplomat and Military strategist managed to reunite the family and consolidate their power under fisel bin turkey's leadership the Emirate of nade experienced a period of prosperity and expansion fisel bin turkey's Reign from 1843 to 186 5 saw the family's influence extend beyond the borders of Ned as they conquered territories and established alliances with neighboring tribes however succession disputes once again plagued the house of saoud
after the death of fisel Bin turkey this led to a power vacuum and a period of instability within the family it wasn't until the Ascension of Abdul Rahman bin fisel the son of fisel Bin turki that the house of sa regained its unity and focus Abdul Rahman bin fisel a Visionary leader recognized the need for a unified Arab State and worked tirelessly to achieve achieve this goal he sought to expand the influence of the House of sa and establish a centralized government that would bring stability and prosperity to the region in 1902 Abdul Rahman bin
fal's son abdulaziz IB Saud recaptured Riyad from rival factions marking a significant turning point in the family's history with the capture of Riyad abdulaziz IB saoud laid the foundation for the establishment of the Kingdom of Saudi Arabia abdulaziz IBN saoud a charismatic and determined leader embarked on a series of military campaigns to unify the Arabian peninsula under his rule through strategic alliances military prowess and diplomatic negotiations he successfully conquered various regions including the Eastern Province AIA and the hijaz in 1932 abdulaziz IB sa officially declared the establishment of the Kingdom of Saudi Arabia solidifying the
house of saud's position as the ruling Dynasty he became the first king of Saudi Arabia and embarked on a mission to modernize the country and promote Economic Development under the leadership of subsequent Kings including sa II FIS khed fad Abdullah and the current ruler king salmon the Kingdom of Saudi Arabia has experienced significant growth and transformation The House of Saud has played a pivotal role in shaping the country's social political and economic landscape the establishment of the Kingdom of Saudi Arabia marked a new era for the house of Saud as they transitioned from Regional leaders
to Global players the family's vast wealth derived from their Holdings in Saudi aramco and extensive fossil fuel reserves has further solidified their influence on the world stage who is the lead leader of the royal family the leader of the Saudi royal family is King Salman bin abdulaziz however he appointed the Crown Prince Muhammad bin Salman who basically rules the country due to his father's old age His Story begins when he was born into the prestigious Saudi royal family on August 31st 1985 early on he showed an interest in government and a remarkable ability to communicate
with dignitaries as he Grew Older Muhammad's passion for politics only intensified he enrolled at King saoud University where he pursued a bachelor's degree in law graduating in 2007 armed with his Newfound knowledge Muhammad wasted no time in making his mark on the world he founded several firms and even established a nonprofit organization focused on promoting entrepreneurship in Saudi Arabia but it was in 2009 that Muhammad's Journey took a significant turn he became a formal adviser to his father King Salman bin abdulaziz who was then the governor of Riyad little did anyone know that this role
would be just the beginning of Muhammad's meteoric rise to power in 2015 tragedy struck the royal family when King ullah passed away and Salman ascended to the throne with his Newfound Power King Salman appointed Muhammad as the defense minister entrusting him with the responsibility of protecting the kingdom it was during his tenure as defense minister that Muhammad launched operation decisive storm an aggressive military intervention in Yemen Civil War the goal was to support the yemeni government against the houthi Insurgency however despite the initial intentions the campaign did not achieve its intended goals and instead resulted
in a devastating humanitarian crisis but Muhammad Ambitions didn't stop there he was also given control of the state oil company aramco and the Council of Economic and developmental affairs with these positions he aimed to open up a ramco for an initial public offering and implemented the vision 2030 plan to attract foreign investment in recognition of his exceptional leadership and determination Muhammad was appointed Crown Prince in 2017 this marked a turning point in his journey as he wasted no time in pursuing his goals with unwavering determination from spearheading a blockade against Qatar to implementing social reforms
in Saudi Arabia Muhammad's actions were both bold and controversial he lifted the ban on Cinemas allowing entertainment to flourish and granted women the right to attend sporting events and obtain driver's licenses however these reforms were met with skepticism with many questioning whether they were motivated by a genuine desire for Freedom or simply economic gain Muhammad's image abroad took a significant hit in 2018 when he allegedly ordered the extrajudicial killing of journalist Jamal kogi the International Community condemned the ACT but the Saud royal family deflected responsibility for the incident despite the controversy Muhammad continued to consolidate
his power in 2020 he detained fellow members of the royal family under investigation for treason sending shock waves through the kingdom despite the economic challenges posed by the co9 pandemic Muhammad stature as a global economic player grew in 2022 his appointment as prime minister signaled his commitment to fostering more stable international relations one of the most significant developments during this time was the historic deal between Sou Saudi Arabia and Iran in March 2023 the restoration of ties between the two Nations signaled a potential end to the Civil War in Yemen bringing hope for peace in
the region this breakthrough also strengthened Saudi ties with China as both Nations sought to enhance their economic cooperation and explore new avenues of collaboration but Muhammad's International Ambitions didn't stop there he made headlines with his offer to normalize ties with Israel a move that surprised many however this offer came with conditions as he sought us commitments to Saudi security and nuclear technology development while these International developments were significant Muhammad's economic vision for Saudi Arabia was equally transformative he aimed to diversify the Kingdom's economy and reduce its dependence on oil through his ambitious Vision 2030 plan
under this plan Muhammad sought to attract foreign investment promote entrepreneurship and create a thriving private sector he recognized the need to adapt to a changing Global landscape and position Saudi Arabia as a hub for Innovation and economic growth one of the key elements of vision 23 30 was the opening up of the state oil company aramco for an initial public offering this move aimed to generate revenue and increase transparency in the Kingdom's oil industry Muhammad's leadership has been marked by both ambitious reforms and controversial actions as the Crown Prince and prime minister of Saudi Arabia
he continues to shape the future of the kingdom and its role on the global stage work assets and net worth the house of sa the ruling dynasty of Saudi Arabia holds significant political power not only within the country but also in the Middle East with a lineage that that can be traced back to Muhammad bin sa the founder of the first Saudi State this family has faced opposition and controversy throughout its history but what sets the house of Saud apart from other ruling families it's there immense wealth estimates Place their net worth in the billions
or even trillions making them the wealthiest family in the world this staggering Fortune is built on the country's vast oil reserves which have fueled the Saudi economy for decades the Saudi Royal Family's control over the country's oil resources has been a major factor in their accumulation of wealth Saudi Arabia POS possesses the world's largest proven oil reserves estimated at around 266 billion barrels this immense wealth has allowed the royal family to a mass of Fortune that is beyond comprehension one of the crown jewels of the Saudi Royal Family's assets is Saudi aramco the state-owned oil
company with an estimated value of trillions of dollars Saudi aramco is the world's most valuable company its vast oil reserves and Global reach have been a significant source of wealth for the royal family the Saudi Royal Family's opulent lifestyle is evident in their palaces private Jets and luxury Yachts their extravagant spending knows no bounds with reports of multi-million dollar purchases of artwork jewelry and even exotic animals their wealth is truly Beyond Comprehension while the Saudi royal family enjoys unimaginable wealth they are also known for their philanthropic Endeavors through organizations like the king salmon humanitarian Aid
and Relief Center they have assisted those in need both within Saudi Arabia and around the world however critics argue that these efforts are a mere fraction of their vast wealth and could be further further expanded to address pressing Global issues the Saudi Royal Family's wealth extends beyond their borders with significant investments in various Industries and countries around the world their influence can be seen in sectors such as Finance real estate and entertainment from owning prestigious properties in London and Paris to funding Blockbuster Hollywood movies their reach is truly Global the Saudi Royal Family's opulent lifestyle
is epitomized by their impressive collection of luxurious properties around the world from sprawling palaces in Riyad to extravagant mansions in Europe and the United States their real estate portfolio is nothing short of extraordinary these properties serve as symbols of their immense wealth and power when it comes to Transportation the Saudi royal family spares no expense they own a fleet of private jets including the Airbus A380 the world's largest passenger aircraft these jets are equipped with lavish Interiors featuring gold accents and luxurious amenities additionally they possess a collection of extravagant Yachts allowing them to indulge in
the most exclusive Maritime experiences the Saudi Royal family's business Empire extends far beyond the oil industry they have Diversified their investments into various sectors including Finance telecommunications and entertainment through their holding company Kingdom holding company they have acquired stakes in global corporations such as City Group Twitter and Euro Disney these Investments have further contributed to their immense wealth the Saudi Royal Family's passion for art is evident in their extensive collection of masterpieces they have been known to acquire rare and valuable artworks often at exorbitant prices their influence in the art world is also demonstrated through
initiatives like the King abdulaziz Center for World culture which promotes cultural exchange and showcases artistic achievements getting into the specifics of how they spend their money let's start with Prince alwalied bin tal a prominent member of the royal family and a renowned billionaire known for his love of cars Prince Al wed has an impressive Fleet that includes some of the most exclusive and expensive automobiles in the world from the sleek and Powerful Bugatti Veyron to the iconic Rolls-Royce Phantom his collection is a testament to his wealth and status but Prince Al wied is not the
only one with a penchant for luxury cars Crown Prince Muhammad bin Salman the defacto ruler of Saudi Arabia also has a remarkable collection his garage boasts a stunning Lamborghini Aventador a Ferrari LaFerrari and a rare McLaren P1 these high performance machines are not just statea symbols but also a reflection of the Royal Family's extravagant lifestyle it's not just about the cars themselves but also the customization that goes into them the Saudi royal family spares no expense when it comes to personalizing their vehicles for from custom paint jobs to Luxurious Interiors every detail is meticulously chosen
to reflect their individual tastes and preferences but their love for cars doesn't stop at personal collections the Saudi royal family is also known for their generous Gifts of luxury cars to foreign dignitaries and allies these gestures not only strengthen diplomatic ties but also serve as a display of their immense wealth and influence in addition to cars another area where the Sai royal family splurges is on extravagant Yachts these floating palaces are a symbol of their opulence and provide the perfect setting for lavish parties and leisurely cruises one notable example is the yacht Kingdom 5 KR
owned by Prince alwalied balal This Magnificent vessel once owned by the late Saudi king f is a sight to behold with its luxurious amenities including a helipad swimming pool and multiple suits it epitomizes the Grandeur that the Saudi royal family is accustomed to but it's not just about owning Yachts the Saudi royal family also enjoys chartering some of the world's most exclusive and luxurious vessels from the crystal clear water qus of the Mediterranean to the pristine beaches of the Caribbean they spare no expense in experiencing the ultimate in luxury travel as we continue our exploration
of the Saudi Royal Family's extravagant spending we cannot Overlook their involvement in the world of football the Royal Family's passion for the sport extends Beyond being mere Spectators they have made significant investments in some of the most renowned football clubs around the globe one such example is Prince Abdullah Bin mad who acquired a 50% stake in the English Football Club Sheffield United his invest m not only injected much needed funds into the club but also brought International attention to the team this move showcases the Saudi Royal Family's desire to be a part of the global
football community and their willingness to invest in their passion but it doesn't stop there the Saudi Royal Family's influence in football extends to other clubs as well they have been involved in various sponsorship deals and Partnerships with top tier teams further solidifying their presence in the World of Sports another notable example of how they spend their wealth is through Prince Al wed binal lavish Palace in Riyad Saudi Arabia this opulent residence spans over 200,000 Square ft and features Exquisite architecture Lush Gardens and a private zoo with its Grandeur and attention to detail it serves as
a testament to the Royal Family's taste for the Finer Things in life but their real estate Ventures extend far beyond the borders of Saudi Arabia the Saudi royal family owns numerous properties in some of the most exclusive locations around the world from luxurious pen houses in New York City to sprawling Estates in London's prestigious neighborhoods their real estate portfolio is nothing short of extraordinary one of the most iconic properties owned by the Saudi royal family is the chatow Louis the 14th located just outside of Paris France This Magnificent Palace inspired by the opulence of the
17th century boast lavish Interiors meticulously manicured Gardens and even a moat with its price tag of over $300 million it stands as a testament to the Royal Family's extravagant lifestyle but it's not just about owning Grand residences the Saudi royal family also invests in high end hotels and resorts one notable example is the Four Seasons Hotel George V in Paris which is partially owned by Prince alwalied bin talal this luxurious Hotel known for its impeccable service and stunning architecture attracts Elite travelers from around the world in addition to real estate the Saudi royal family also
indulges in Fine Art and collectibles their vast collection includes Priceless paintings rare artifacts and even rare gemstones these Treasures are not only a reflection of their immense wealth but also serve as Investments That appreciate in value over time one notable piece in their collection is the Salvatore Mundi a painting attributed to Leonardo da Vinci this masterpiece purchased by Prince badra bin Abdullah fetched a staggering $450 million at auction making it one of the most expensive artworks ever sold this acquisition not only showcases the Royal Family's appreciation for art but also their ability to acquire the
rarest and most sought-after pieces how powerful are the royal family in 1932 IB sa declared the establishment of the Kingdom of Saudi Arabia solidifying the house of sa's position as the ruling Dynasty this marked a turning point in the history of the Arabian Peninsula and set the stage for the house of saud's unparalleled power the green flag of Saudi Arabia with its iconic she hudder and sword became a symbol of the House of saud's Authority and the unity of the Saudi people the house of saud's Journey to power was not without its challenges they faced
opposition from various groups including the Ottoman Empire the Sharif of Mecca the al-rashid family and islamist movements yet through strategic alliances military strength and a deep connection to the wahhabi religious establishment the house of Saud prevailed the Saudi royal family is truly powerful the political system in Saudi Arabia is based on traditional Islamic lines with decisions made through consultation among the king the Council of ministers Islamic scholars tribal leaders and other traditional Elites the king who holds the most influential position within the royal family is both the head of state and government wielding absolute power
today the house of sa is led by King Salmon bin abdulaziz Al sa who succeeded his half brother Abdullah in 2015 under his Reign the house of Saud continues to hold significant political power shaping the destiny of Saudi Arabia and exerting influence on the global stage the government itself is dominated by the royal family with most of the important posts in the political system reserved for them the key Ministries such as Defense Finance and Foreign Affairs are held by members of the royal family ensuring their continued influence and control the AMA the body of Islamic
religious leaders and jurists also play a significant role in the political system they have a strong influence over the judicial and education systems shaping the legal framework and societal Norms in accordance with Islamic principles however the house of saud's rule has not been without controversy corruption allegations have plagued the political landscape with accusations of nepotism patronage systems and blurred lines between State assets and the personal wealth of senior princes these allegations have raised concerns about transparency and accountability within the Saudi political system turning our attention to the economic realm the house of saud's control over
Saudi Arabia's vast oil reserves has granted them immense economic power Saudi Arabia is one of the world's leading oil producers and the Royal Family's wealth is built on the revenues generated from this valuable resource the country's economy is heavily reliant on oil with the revenues flowing into the central government in Riyad however there is little public accounting of the total revenues to the alsa coffers or their spending on behalf of the people and the royal family this lack of transparency has fueled debates about the distribution of wealth and the extent of the Royal Family's personal
Fortunes in recent years Saudi Arabia has embarked on ambitious economic reforms aiming to diversify its economy and reduce its dependence on oil these reforms led by Crown Prince Muhammad bin Salman have sought to modernize the country and attract foreign investment however critics argue that the pace of these reforms has been slow or merely cosmetic the house of sa's political and economic power has allowed them to shape policies Forge alliances and exert influence not only within Saudi Arabia but also on the global stage their immense wealth and connections have given them a seat at the table
of international Affairs enabling them to play a significant role in Regional and international politics social works and philanthropy to the Saudi royal family life is not just about acquiring valuable assets the Saudi royal family also engages in philanthropy their charitable Endeavors span a wide range of causes from education and health care to disaster relief and cultural preservation through their generous donations they aim to make a positive impact on society and improve the lives of those in need one notable example is Princess lamia bint Majid alaud who serves as the Secretary General of alwalied philanthropies this
organization founded by Prince al-walid bin talal focuses on empowering women supporting Youth Development and providing humanitarian Aid their initiatives have touched the lives of millions around the world showcasing the Royal Family's commitment to giving back in the early years the Saudi royal family laid the foundation for their remarkable philanthropic Journey their commitment to social Works began with the establishment of numerous charitable organizations and initiatives that aim to uplift the lives of their fellow citizens one of the key initiatives during this time was the creation of the King abdulaziz foundation for research and archives founded in
1972 this organization focused on preserving and promoting the rich cultural heritage of Saudi Arabia it funded research projects published scholarly works and organized exhibitions to showcase the country's history and traditions another significant contribution came in the form of the King fisel foundation established in 197 6 named after King fisel bin Abdul aiz Al saoud this Foundation aimed to promote education healthc care and social welfare it provided scholarships to Saudi students supported medical research and funded the construction of Hospitals and Clinics across the country during the 1980s the Saudi royal family extended their philanthropic efforts to
the international stage they established the International Islamic relief organization iro in 1978 which became one of the largest humanitarian organizations in the world the iro focused on providing Aid and support to Muslim communities in need regardless of their geographical location from disaster relief to Poverty alleviation the Aro played a crucial role in improving the lives of millions in addition to these institutional initiatives individual members of the Saudi royal family also made significant contributions Prince alwalied bin talal known for his immense wealth has been actively involved in philanthropy for decades his alw philanthropies foundation has supported
numerous causes including education healthc care and women's empowerment both within Saudi Arabia and globally princess Adela bint Abdullah the daughter of King Abdullah Bin abdulaziz Al saoud has also been a driving force in philanthropy she established the Adela Foundation which focuses on improving the lives of women and children in Saudi Arabia the foundation has implemented various programs including vocational training Healthcare initiatives and support for victims of domestic violence the Saudi Royal Family's commitment to social works and philanthropy continued to grow in the 1990s and early 2000s they recognized the importance of investing in education and
established numerous universities and educational institutions across the country king far University of petroleum and minerals King Saud University and Princess Nora bint Abdul ramman University are just a few examples of their dedication to providing quality education to Saudi citizens furthermore the Saudi royal family has been actively involved in humanitarian efforts during times of Crisis they have provided substantial financial aid to countries affected by natural disasters such as earthquakes and floods their contributions have helped rebuild communities provide essential supplies and support the affected populations in their recovery it is important to note that the Saudi Royal
Family's philanthropic efforts are not limited to financial contributions they actively engage in Hands-On initiatives visiting hospitals schools and charitable organizations to understand the needs of the people and provide direct support their personal involvement and dedication to making a difference have inspired countless individuals and organizations to join the cause in recent years the Saudi royal family has continued to demonstrate their unwavering commitment to philanthropy through a range of impactful initiatives these projects have addressed pressing social issues promoted cultural development and provided Aid to those in need both within Saudi Arabia and around the world one notable
recent initiative is the misk foundation established by Crown Prince Muhammad bin Salman in 2011 the foundation aims to empower Saudi youth by providing them with opportunities for Education entrepreneurship and leadership development through various ious programs and Partnerships the misk foundation has supported thousands of young Saudis in realizing their full potential and contributing to the nation's progress another significant project is the king salmon humanitarian Aid and Relief Center KS relief established in 2015 this organization plays a vital role in providing humanitarian assistance to countries affected by conflicts natural disasters and other crises KS relief has been
at the Forefront of relief efforts delivering essential Aid medical supplies and emergency support to millions of people in need worldwide the Saudi royal family has also made substantial contributions to the field of healthcare the king Salman Center for disability research founded in 2016 focuses on improving the lives of individuals with disabilities through research Innovation and advocacy the center has pioneered groundbreaking initiatives and technologies that have enhanced accessibility and inclusivity for people with disabilities in addition to these institutional initiatives individual members of the Saudi royal family have spearheaded projects that address specific social issues princess Rema
bint bandar Al saoud the Saudi ambassador to the United States has been a prominent advocate for women's rights and empowerment her efforts have included initiatives to increase women's participation in the workforce promote gender equality and combat domestic violence Prince Sultan bin Salman bin abdulaziz Al Saud the first Saudi astronaut and president of the Saudi commission for tourism and National Heritage has played a pivotal role in preserving and promoting Saudi Arabia's cultural heritage under his leadership the commission has undertake an extensive restoration projects develop tourism infrastructure and organize cultural events to showcase the country's Rich history
and traditions the Saudi royal family has also been actively involved in supporting Global education initiatives the alwad philanthropies foundation led by Prince alwalied bin talal has made significant contributions to educational institutions and programs worldwide their support has enabled underprivileged students to access quality education funded research projects and facilitated knowledge Exchange between Saudi Arabia and the International Community furthermore the Saudi royal family has been at the Forefront of efforts to combat the covid-19 pandemic they have provided substantial financial aid medical supplies and resources to countries affected by the virus their contributions have supported healthare systems facilitated
vaccine distribution and helped mitigate the impact of the pandemic on vulnerable populations that brings us to the end of this video we hope that you like it if you would like to watch other videos like this click on the cards on your screen