| Name: | Crown Prince Mohammed bin Salman (MBS) |
| Net Worth: | $10 billion |
| Source of Wealth: | Crown Prince Of Saudi Arabia |
| Born: | August 31, 1985 |
| Age: | |
| Country: | Saudi Arabia |
| Wife: | Sara bint Mashoor bin Abdulaziz Al Saud |
| Children: | 4 |
| Residence: | Al Yamamah Palace, Riyadh, Saudi Arabia |
| Private Jet: | Boeing 747 BBJ (HZ-HM1) |
| Yacht: | Pegasus VIII |
| Yacht (2): | Serene |
Renowned as the Crown Prince of Saudi Arabia, Prince Mohammed bin Salman has steadily risen to become a central figure in Saudi government and a key player in Middle Eastern affairs. Born in 1985, the son of King Salman of Saudi Arabia, he took the mantle of defense minister at an early age, marking him as the world’s youngest in this position. Known widely as the architect of Vision 2030, Prince Mohammed aims to diversify Saudi Arabia’s economy and reduce the country’s reliance on oil.
Being the youngest defense minister globally, Prince Mohammed has used his influential role to shape major policy decisions and strengthen Saudi Arabia’s strategic ties, notably with the Trump White House. Prince Mohammed’s close relationship with Jared Kushner, President Trump’s son-in-law, has further cemented his place as a pivotal figure in Middle Eastern politics.
Apart from his political role, Prince Mohammed is a generous philanthropist. He founded the Prince Mohammed bin Salman Foundation, also known as MISK, aiming to foster young Saudis’ growth in diverse fields, from business and science to literature and culture. He also presides over the King Salman Youth Center, an initiative by King Salman Bin Abdulaziz to empower and support Saudi youth.
Prince Mohammed net worth is estimated to be between $1 billion and $10 billion, with wealth amassed from investments spanning real estate, technology, and media companies. This estimate, though undisclosed, ranks him among the world’s wealthiest individuals. His investment portfolio reflects a keen eye for diverse sectors, including oil, media, real estate, and technology.
The Crown Prince’s love for luxury is no secret, and this is evident in his ownership of the renowned yacht, Pegasus, since 2014, and the acquisition of Yuri Shefler’s yacht Serene in 2015. Built by Fincantieri, Serene is one of the world’s largest yachts, boasting amenities like a spa, gym, movie theater, indoor climbing wall, an on-board helicopter, and a submarine. Both Serene and Pegasus underwent refits in the Netherlands in 2016.
In 2017, Prince Mohammed secured Leonardo da Vinci’s famous painting, Salvator Mundi, for a staggering US$ 450 million. Interestingly, he was in a bidding war with Sheikh Mansour al Nahyan, a member of the United Arab Emirates’ Royal Family. Sheikh Mansour later gifted his yacht Topaz to Prince Mohammed, compensating for the increased price of the artwork.
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We think the main residence the Prince of Saudi Arabia is the Al Yamamah Palace in Riyadh. He also uses the Royal Erga Palace also in Riyadh.
The Al Yamamah Palace is a luxurious palace located in Riyadh, the capital city of Saudi Arabia. It is considered to be one of the largest and most opulent palaces in the world, and is the official residence of the King of Saudi Arabia.
The palace is named after the Al Yamamah desert and is located on a sprawling compound in the heart of Riyadh. It is known for its grand and ornate architecture, and features a range of amenities and facilities, including private bedrooms, dining rooms, conference rooms, and entertainment systems.
The Al Yamamah Palace is a symbol of the wealth and power of the Saudi Arabian monarchy, and is viewed as one of the most important landmarks in the country. Despite its significance, access to the palace is restricted and it is not open to the public. However, it remains an important part of the country’s cultural and architectural heritage, and continues to serve as the hub of political and administrative activity in Saudi Arabia.
In December 2017 is was disclosed that the Crown Prince is the buyer of the US$ 300 million French castle ‘Chateau Louis XIV’.
The castle has been bought by the company Eight Investment Limited, which manages the Prince’s wealth. The same company was also used to buy the yachts Serene and Pegasus VIII.
Chateau Louis XIV is a castle built between 2008 and 2011 near Paris, France. In 2015 his Royal Highness bought the castle for US$ 300 million from Cogemad, the property developer owned by Emad Kashoggi.
It is considered to be the most expensive private residence in the world. The castle features include a large indoor swimming pool, a cinema for 12, a garage for 8 cars, a safe room, and a nightclub.
He is the owner of the motor yacht Pegasus VIII. The superyacht was built as Princess Mariana for Mexican billionaire Carlos Peralta.
Later, she was purchased by California-based construction tycoon Ronald Tutor. He named her Pegasus V.
Pegasus VIII, originally known as Princess Mariana, was built for Mexican billionaire Carlos Peralta by Royal Denship in 2002.
The yacht boasts a steel hull and aluminum superstructure, with twin Deutz engines that allow it to sail at a top speed of 18 knots and a cruising speed of 16 knots.
Designed by Espen Oeino and with interiors by Zuretti, Pegasus VIII is renowned for its luxurious features, including a float-in dry dock that transforms into a 12-meter swimming pool.
In 2015 Prince Mohammed also bought Yuri Shefler’s yacht Serene. In October 2016 both Pegasus and Serene were in Vlissingen, the Netherlands for a refit.
The Prince of Saudi Arabia has access to the full Saudi Arabia Royal Fleet. The fleet includes several Boeing 747 private jets. We think he often uses the HZ-HM1 a 747 built in 2001.
The Boeing 747 BBJ (Boeing Business Jet) is a luxury private jet that is based on the popular Boeing 747 commercial airliner. The BBJ is designed to provide an exceptional level of comfort and convenience for its passengers, and it features a range of high-end amenities and custom-designed interiors.
Some of the key features of the Boeing 747 BBJ include private bedrooms, dining rooms, conference rooms, and entertainment systems, as well as advanced communication and navigation systems. The jet is also equipped with a range of state-of-the-art safety and security features, making it one of the safest and most secure private jets available.
In terms of performance, the Boeing 747 BBJ has a range of up to 8,000 nautical miles, which allows it to fly non-stop on long-haul flights. The jet also features a large cabin and spacious interiors, making it ideal for large groups of passengers or for those who require extra space and comfort.
The cost of a Boeing 747 BBJ can vary depending on the specific specifications and features, but it is typically in the range of $200 million to $300 million.
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Yacht Owners Database 2024
