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WITH a € 449 million superyacht, a € 258 million chateau and ambitious plans to build a € 449 billion megacity, there are few bigger spenders than Mohammed bin Salman.
Known as MBS, the Crown Prince is the driving force behind Saudi Arabia’s attempts at modernization and is seen as the real power of the kingdom.
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The 35-year-old is the public face of the House of Saud, and the collective wealth of its members is estimated at around 1 trillion euros.
It is a staggering figure almost 16 times higher than that of the British royal family.
Its riches come from the vast oil reserves discovered in Saudi Arabia more than 75 years ago during the reign of King Abdulaziz ibn Saud.
While the family normally likes to keep their fortune private, MBS is believed to live a life of luxury almost inconceivable thanks to his wealth.
He is known for his luxurious properties and is even rumored to be the owner of the most expensive paint in the world.
And it was thought that he had been part of the failed big money deal to buy Newcastle United after missing Manchester United.
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In 2015, the world was stunned when an unidentified buyer splurged 258 million euros on an incredible castle in France, west of Paris.
At the time, it was recorded as the most expensive “home” sale in the world.
Two years later, reports surfaced that the buyer was bin Salman, who fell in love with the 50,000-square-foot Château Louis XIV on a business trip.
The property has ten bedrooms, an indoor and outdoor pool, a library and an aquarium.
The aquarium functions as a meditation room and has a transparent underwater camera, something that would not look out of place in a James Bond movie.
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The 17th-century castle also has a 3,000-bottle wine cellar, its own movie theater, and a moat.
And if that wasn’t enough, it has indoor and outdoor swimming pools, a private cinema, a squash court, two dance halls and a disco.
Before the prince bought the palace, Kim Kardashian once considered it as a location for her wedding to Kanye West.
MBS carefully concealed its ownership through the use of shell companies in France and Luxembourg.
And alongside this property, the prince is also believed to own the Le Rouvray estate, a 620-acre piece of land an hour’s drive from Paris.
The Crown Prince is reportedly planning to renovate the manor house on the grounds, which has not been improved in 60 years.
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The king reportedly gave nearly 400 million pounds to Russian vodka mogul Yuri Shefler for his superyacht in 2015.
The Serene is one of the largest ships in the world, with an overall length of 439 feet and a beam of 60 feet wide.
Bin Salman also loves his art and is rumored to be the owner of a painting that is worth almost as much as his yacht.
In 2017, it was reported that someone bought Leonardo da Vinci’s Salvator Mundi for 381 million euros on behalf of the Crown Prince.
That sum made 16th-century painting the most expensive art sale in history.
The work is rumored to be hanging aboard MBS’s yacht, making the floating palace apparently worth more than 785 million euros.
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And if all that wasn’t enough, MBS has big plans to build a 449 billion euro megacity on a massive 10,200-square-mile site along the Red Sea.
Named Neom, the development will be 17 times the size of London and run on 100% renewable energy.
It will become a cross-border city-state with its own economic zone and more relaxed laws than the rest of Saudi Arabia.
MBS hopes his city can surpass Silicon Valley in terms of technology and surpass Hollywood as the entertainment capital of the world.
Sci-fi ideas are built into the plans, including flying taxis, cloud seeding to make it rain, and a giant artificial moon to light up Neom at night.
Households will have robot maids and scientists will work in the city to develop genetic modifications to improve humans.
Beaches will glow in the dark sand, and a Jurassic Park-style robot dinosaur theme park is expected to open.
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Despite his public status and extraordinary wealth, MBS leads a very private personal life.
It is said that he married Sarah bint Mashhoor, known as “Princess Barbie” in 2008 and they have four children.
“I want my children to live a very normal life away from the limelight, political pressures and attention,” she said in 2018.
“I want them to live a very normal life and my wife wants the same.”
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Yet despite his glamorous lifestyle and talks about a new and more open Saudi Arabia, his regime remains under scrutiny for its human rights record.
Images released this week show African immigrants herded into squalid cells in Saudi Arabia as part of the kingdom’s push to stop the spread of Covid-19.
It comes after it was learned that Saudi Arabia has executed 800 people in five years, double the number when King Salman ascended the throne in 2015.
MBS is also suspected of being involved in the 2018 murder of journalist Jamal Khashoggi, who was dismembered at the Saudi consultation in Istanbul.
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