How The Sultan Of Brunei Spends $20 Billion

the sultan of brunei was briefly the richest man in the world with a net worth of 40 billion dollars however excessive spending caused his net worth to plummet don't feel too bad for him he's still worth about 20 billion and remains one of the richest royals in the world the sultan has curbed his spending and become more financially prudent in recent years but he still likes to splurge from time to time he has a grand palace a gold-plated rolls-royce a private zoo and luxury hotels all over the world this is how the sultan of brunei spent 20 billion dollars sultan hassanal bulkia's 20 billion dollar net worth is all thanks to brunei's rich oil and gas reserves oil production and extraction in the country is overseen by brunei shell petroleum which is a joint venture owned by the brunei government and royal dutch shell the sultan makes about 103 dollars every second from oil and gas production the sultan has turned all that black gold into real gold his coronation in 1968 was a lavish affair and after brunei declared its independence from the british monarchy in 1984 he briefly became the richest person in the world with a net worth of 40 billion dollars the sultan's excessive spending quickly spiraled out of control and he and his brother prince jeffrey bulkier flew through billions like it was going out of style so how did the sultan spend all that money the sultan of brunei has an incredibly impressive real estate portfolio he owns luxurious properties all over the world in addition to lavish homes and palaces in brunei the sultan's official residence is a 1.5 billion dollar grand palace with 1 178 rooms and 257 bathrooms no expense was spared during construction the interior is adorned with gold woven carpet diamond fixtures rare italian marble and the finest silks from china istana naruliman's stunning banquet hall can fit 5 000 guests and the sultan's gold throne is the size of a small apartment the 2.2 million square foot palace has five swimming pools two mosques and 564 diamond chandeliers according to the guinness book of world records estana neruliman is the largest residential palace in the world frankly the sultan of brunei's palace is so luxurious that it makes buckingham palace look like an outhouse the sultan doesn't need to leave brunei for a luxurious vacation because he owns a private zoo theme park and a world-class golf course his 10 million dollar private zoo is filled with rare and expensive animals including 30 bengal tigers falcons flamingos and extremely talented cockatoos that can play basketball ride bicycles and even imitate other animals jaredong park which was built by the brunei government for one billion dollars has roller coasters bumper cars and water slides admission used to be free but now you'll have to pay a nominal entrance fee we bet the sultan still gets in for free the sultan's opulent golf course at the empire hotel and country club was designed by none other than legendary golfer jack nicholas the course offers stunning sea views and regularly host top level professional tournaments if you're rich enough you can even stay at one of the sultan's palatial hotels through the brunei investment agency the sultan owns the dorchester hotel in london the beverly hills hotel in los angeles county le maurice in paris and hotel eden in rome move over jay leno the sultan and brunei might have the largest and most valuable car collection in the world he owns more than 7 000 vehicles and his entire collection is valued at 6.4 billion dollars the sultan has a 500 car fleet of rolls royces including a 14 million dollar gold-plated silver spur 2 limo that's used for ceremonies and special occasions his 600 000 rolls royce phantom 6 was custom made to his specifications and his 14 million rolls-royce phantom 2 continental nicknamed the star of india is one of the most expensive cars ever sold at auction some of the cars in the sultan's collection are so rare that they're one of a kind he owns the only right-hand drive mercedes-benz clk gtr in the world the 2.7 million dollar supercar is fast and powerful thanks to its 6.0 liter v12 engine speaking of speed the sultan reportedly owns five mclaren f1s worth about 20 million dollars each one car is never enough for the sultan the ferrari mythos never made it into production but the sultan still owns two of them there are more concept cars in his garage too he owns a 3 million bentley java that's one of only 18 ever made if you somehow manage to get inside the sultan's garage you'll see a hundred koenigseggs 500 mercedes a fleet of 450 ferraris 21 lamborghinis and 11 aston martins his rolls-royce collection is the largest in the world according to the guinness book of world records and he owns three bugatti eb-110 super sports worth about 2.5 million dollars each in the 90s ferrari built six exclusive fx's for the brunei monarchy and the sultan reportedly still owns five of them today the sultan keeps his collection locked away in the garage but in his younger days he was known for being quite the speed demon he and his brother prince jeffrey reportedly raced through the streets of bandar saribegawan in ferraris when they were younger you'll never catch the sultan of brunei flying coach when he needs to fly around the world he hops in his 400 million dollar boeing 747. it's so luxurious that many people call it a flying palace and it's equipped with 120 million dollars worth of accessories like wash basins made of solid gold and lalique crystal the boeing 747 isn't the only private jet in the sultan's hangar he also owns a grandiose airbus a34212 that he purchased for 103 million dollars it obviously wasn't luxurious enough because he spent another 124 million customizing it to his exact specifications the sultan and brunei didn't buy his 500 million 150 foot super yacht the stunning party vessel was once owned by prince jeffrey but the sultan had to seize the yacht after his brother allegedly embezzled 16 billion dollars the super yacht features 24 karat gold fittings loads of marble and elevators connecting the multiple decks when the sultan in brunei plans a party he spares no expense he hosted a 27 million party for his 50th birthday which included a gala dinner for 3 000 people and three exclusive performances by michael jackson the sultan paid 17 million dollars to have the king of pop sing and dance the sultan's daughter was also treated to a lavish shindig whitney houston performed at her wedding for seven million dollars when the sultan travels around the globe he only stays in the finest hotels he's been known to spend as much as one million dollars per trip and he usually rents out the entire floor for himself and his entourage when he's in london the sultan stays at st john's lodge the fabulous mansion was purchased by the brunei government for 55 million dollars but the land is still loaned by the british monarchy it's nowhere near as luxurious as histana neruliman but it's still one of the most expensive private residences in the uk did you know that the sultan is also an avid art collector he bought the painting young girls at the piano by french impressionist pierre august renoir in the 1980s for 70 million dollars and histano neruliman is filled with paintings by monet and picasso prince jeffrey once owned a 700 million dollar art collection but the sultan seized that too and sold it at auction you won't find the sultan and brunei getting a trim at supercuts he spends as much as 24 000 per haircut so why is the sultan's quaff so pricey well he pays for his favorite stylist ken modesto to fly from london to brunei modesto gets to fly first class in a singapore airlines luxury suite the haircut itself costs a few thousand and the sultan even pays for modesto's accommodations in brunei that's it folks thanks for watching stay tuned to this channel for more great [Music] videos you

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Keywords: Brunei Sultan net worth. Sultan of Brunei fortune, Brunei palace, Sultan of Brunei, Sultan of Brunei car collection, Sultan of Brunei palace, Sultan of Brunei private jets, Sultan of Brunei spending, Sultan of Brunei yacht, therichest, the richest

Id: ANC62Qy4Md4

Length: 8min 2sec (482 seconds)

Published: Tue Apr 27 2021