Who is Prince Muqrin bin Abdulaziz?
Prince Muqrin is the former Crown Prince of Saudi Arabia. He was born on September 15, 1945. He is married to Abta bint Hamoud Al Rashid.
He is the youngest surviving son of King Abdulaziz of Saudi Arabia and for 3 months he was Crown Prince of Saudi Arabia in 2015.
In 2014 he was named Deputy Drown Prince, making him second in the line of succession behind his brother King Salman bin Abdulaziz. In 2015, upon King Abdullah’s death and the accession of Salman, Muqrin became Crown Prince and first deputy prime minister. Only three months later King Salman replaced Muqrin with Prince Muhammad bin Nayef. We were told he received the yacht Solandge as a gift.
Prince Muqrin has been Governor of the Ha’il Province and the Medina Province. And he has been director general of Saudi Arabia’s intelligence agency Al Mukhabarat Al A’amah.
During his position as Governor of the Ha’il Province, he founded the Hail Agricultural Development Company, which became the largest wheat producer in Saudi Arabia.
He is married to Abta bint Hamoud Al Rashid. She was president of the Women’s Council when he was Governor of Medina.
They have 14 children.
How Much is Prince Muqrin Net Worth?
His net worth is estimated at $1 billion. The assets of the Saudi royal family are vast and varied, and it’s difficult to estimate their total worth. The Saudi royal family, also known as the House of Saud, has control over the country’s oil reserves, which are the largest in the world. As a result, the family’s wealth is closely tied to the value of Saudi Arabia’s oil industry. In addition to oil, the Saudi royal family has investments in a wide range of industries, including real estate, finance, and telecommunications. Some of the family’s most valuable assets include: Saudi Aramco: The state-owned oil company is the world’s largest oil producer and is estimated to be worth over $2 trillion. Investment companies: The Saudi royal family has investments in several large investment companies, including Kingdom Holding Company, which is run by Prince Alwaleed bin Talal, and Fawaz Alhokair Group. Real estate: The family owns a significant amount of real estate both in Saudi Arabia and abroad, including high-end hotels and luxury properties.
Art and antiques: The Saudi royal family has a significant collection of art and antiques, including works by famous artists such as Picasso and Van Gogh. Private jets and yachts: The family owns a fleet of private jets and yachts, which are used for both personal and business purposes. Overall, the Saudi royal family’s wealth is estimated to be in the hundreds of billions of dollars, making them one of the wealthiest families in the world.
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