|Net Worth:||$20 billion|
|Date of Birth:||December 31, 1935 (87 years old)|
What is Salman bin Abdulaziz Al Saud’s net worth? How does Salman bin Abdulaziz Al Saud make his money? Below is the current net worth of Salman bin Abdulaziz Al Saud and how Salman bin Abdulaziz AI Saud makes his money.
What is Salman bin Abdulaziz Al Saud’s Net Worth?
Salman bin Abdulaziz Al Saud is the current King of Saudi Arabia who has a net worth of $20 billion. He was installed as King of Saudi Arabia in January 2015.
Salman bin Abdulaziz was born on 31 December 1935. He is King Abdulaziz’s 25th child. His father founded Saudi Arabia as well as being the first monarch of the country.
He was brought up in the Marabba Palace and attended the Princes’ School in the Saudi capital of Riyadh for his early education. His father started the institution primarily to give his children an education. There, he pursued studies in both modern science and religion.
He held the position of deputy governor of the province of Riyadh for almost a year after being assigned to it when he was 19 years old.
He was named provincial governor in 1963, a position he held until 2011.
Salman succeeded his ailing brother Crown Prince Sultan as the second deputy prime minister in 2011. He was made the First Deputy Prime Minister and Crown Prince of Saudi Arabia a year later.
He created a Twitter account in 2013 and presided over the country when King Abdullah was abroad. At this moment, it was obvious that he was being prepared to succeed his father as king of Saudi Arabia.
After the demise of his half-brother Abdullah in 2015 at the age of 79, he was given the throne in official inheritance.
One of his initial objectives as King was to reduce the size of the government bureaucracy, which he accomplished by reducing the eleven government secretariats to just two: the Council of Political and Security Affairs and the Council for Economic and Development Affairs.
He also gave the go-ahead for Yemen to be bombed and for military action against the Shia Houthis in March 2015. He accomplished this by first putting together a group of ten Sunni Muslim nations, and later dubbed the Saudi airstrikes, the first since 1991, Operation Decisive Storm.
King Salman appointed his son, Mohammed bin Salman, as the next Crown Prince in June 2017, replacing his nephew, Muhammad bin Nayef.
By appointing new labor and Islamic affairs ministers in 2018, King Salman attempted to implement reforms in the workplace and in religion. At this time, he also created the Ministry of Culture, whose responsibility was to carry out Saudi Vision 2030, a plan for the future growth of Saudi Arabia.
Furthermore, he established the Council of Royal Reserves, a body tasked with advancing various forms of environmental defense.
Salman has thirteen kids from three different marriages.
Salman has struggled with his health on a number of occasions in his later years.
He had spinal surgery in the US in 2010, and his left arm is now less functional as a result of a stroke he had in 2010.
He has Alzheimer’s disease, a mild form of dementia. In 2020, he also had gallbladder surgery.
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