Kuwait Richest Family: Prime Minister Narendra Modi Has left for his two-day visit to Kuwait. He will stay in this Gulf country till 21st and 22nd November. This is the first visit of an Indian Prime Minister to Kuwait in the last 43 years. According to the Ministry of External Affairs, PM Modi has reached here on the invitation of the Amir of Kuwait. However, here we will talk about the richest family of Kuwait, in front of which even the biggest rich people of the world seem pale.
Kuwait is a Gulf country, but the Al-Sabah family, ruling here since 1752, has turned this country into a global center of natural gas and oil. On one hand, countries around the world are adopting democracy, while monarchy still prevails in Kuwait, the king here is called Amir. Talking about a report, the net worth of this family is around 360 billion dollars, that is, in Indian rupees this wealth is 30.07 lakh crores.
One of the richest families in the world
Kuwait’s Al-Sabah family is one of the richest families in the world. At present the Amir of Kuwait is Mishaal Al-Ahmad Al-Jaber Al-Sabah. His family has been ruling Kuwait for almost three centuries. A lot of money of this family is also invested in the American stock market. According to reports, there are more than 1000 members in this royal family. Most of the family members are associated with the oil business.
Where does so much money come from?
The main source of income for the Al-Sabah family is its large oil reserves. Kuwait sells this oil to many countries including China and India. Apart from this, this royal family has invested money in big companies of America including real estate, telecom sector. The Al-Sabah family has also invested in ports, airports, electricity distribution.
Thousands of crores were spent just in building the palace.
The royal family of Kuwait lives a very luxurious life. This family has a special palace, which is called Bayan Palace. According to a report, this palace is so luxurious that Rs 1045 crores were spent in building it. Apart from this, the royal family also has luxury cars like Rolls Royce, Ferrari F40, Porsche Carrera. This royal family is also fond of horses.
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