|Net Worth:||$600 Million|
|Date of Birth:||June 16, 1929 - September 29, 2020 (91 years old)|
|Height:||5 ft 6 in (1.7 m)|
What is the Sheikh of Kuwait’s net worth? How does the Sheikh of Kuwait make his money? Below is the current net worth of the Sheikhs of Kuwait and how the Sheikh of Kuwait makes his money.
What is the Sheikh of Kuwait’s Net Worth?
Sheikh of Kuwait was an Emir of Kuwait who has a net worth of $600 million before he passed away.
He was also the Commander of the Military of Kuwait and head of the Sabah monarchy.
On the 16th of June 1929, Sabah IV Al-Ahmad Al-Jaber Al-Sabah was brought to the world in Kuwait City, Sheikhdom of Kuwait. He was also Kuwait’s Military Commander and the head of the Sabah Monarchy.
Due to a stroke attack, he suffered for more than a year, Sabah passed away on 29 September 2020 when he was 91 years old.
Sabah regime was later succeeded by Crown Prince Sheikh Nawaf al-Ahman al-Jaber al-Sabah his stepbrother.
When Sabah was birthed, oil was not yet discovered in Kuwait as of then but today, the country is rich in oil production of over 6% in the world.
In 1954, he kickstarted his work at the local government, and later from 1963 to 2003, he was appointed Foreign Minister of Kuwait.
As a task he was expected to have performed after the Gulf War, he was bent on restoring Kuwait’s international relations. From 2003 to 2006, he also worked as a Prime Minister in Kuwait.
Sheikh Saad was made the new emir in January 2006 after emir Sheikh Jaber’s death but unfortunately, he was not able to continue his reign and passed away that same month. Sheikh Sabah was then made the new Emir of Kuwait.
In 2008 he stopped the National Assembly of Kuwait from working and increased his annual allowance from the equal of $25 million to $188 million. In 1990, his wife and cousin passed away with two other children.
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