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Top 10 World Most Richest Royals 2017

4. Mohammed VI – King of Morocco (Net Worth: $5.7 Billion)

richest royal

Mohammed VI, born 21 August 1963, is the King of Morocco. He ascended to the throne on 23 July 1999 upon the death of his father, King Hassan II. Mohammed VI is Morocco’s leading businessman and banker. In 2015, he was estimated by Forbes magazine to be worth US$5.7 billion, and the Moroccan Royal Family has one of the largest fortunes in the world. Along with his family, they hold the majority stakes in the Société Nationale d’Investissement (SNI), which was originally state-owned but was merged in 2013 with Omnium Nord Africain (ONA Group), to form a single holding company that was taken off the Casablanca Stock Exchange—resulting in the scrapping of an equivalent of 50 billion Dirhams Marketcap (US$6 billion). SNI has a diverse portfolio consisting of many important businesses in Morocco and operating in various sectors such as; Attijariwafa Bank (banking), Managem (mining), Onapar, SOMED (tourism/real-estate and exclusive distributor of Maserati), Wafa Assurance (insurance), Marjane (hypermarket chain), Wana-Inwi (telecommunications), SONASID (Siderurgy), Lafarge Maroc (cement manufacturer), Sopriam (exclusive distributor of Peugeot-Citroën in Morocco), Renault Maroc (exclusive distributor of Renault in Morocco) and Nareva (energy).

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