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How Rich Is The Saudi Crown Prince?



British media said the Saudi Crown Prince, Mohammed bin Salman (34) was about to complete the acquisition of Newcastle Club. 
Newcastle owner Mike Ashley is about to end his 13-year reign at the club when the Saudi royal fund PiF has agreed to spend £ 300 million to buy 80% of Newcastle's shares. 

Earlier, the Crown Prince of Saudi Arabia, Mohammed bin Salman had intended to buy MU but was rejected by the Glazer family, owner of the "Red Devil". Eventually, Mohammed bin Salman turned to Newcastle.

Mohammed bin Salman, whose full name is Mohammed bin Salman Al Saud, was born on August 31, 1985 in Jeddah, a coastal city in western Saudi Arabia. He was the son of Prince Salman with his third wife, Fahda bint Falah bin Sultan bin Hathleen - granddaughter of Al Ajman tribal leader.

Crown Prince Mohammed bin Salman may not come to England often to play Newcastle, but he is expected to invest heavily in "Shots." The Daily Star (UK) said that buying Newcastle is nowhere near the huge fortune of Crown Prince Mohammed bin Salman. The British press said Mohammed bin Salman had a fortune of 7 billion pounds.

The Saudi royal family owns an estimated fortune of up to £ 1,000 billion. As heir to the Kingdom, Crown Prince Mohammed bin Salman doesn't have to care about money.
He has a luxury life with personal aircraft, helicopters. In 2015, Crown Prince Mohammed bin Salman swung a £ 380 million acquisition of a yacht named Serene from Russian businessman Yuri Shefler. Serene is one of the largest yachts in the world, with a length of up to 134 meters.

Crown Prince Mohammed bin Salman caused a stir when he bought the beautiful Chateau Louis XIV castle in France for £ 230 million.

In the same year, Crown Prince Mohammed bin Salman caused a stir when he bought the beautiful Chateau Louis XIV castle in France for £ 230 million. At the time, this was the most expensive mansion in the world. 
According to the New York Times, the 33-year-old Prince is also the owner of two London residences, one in southern Spain .
Like many tycoons, Crown Prince Mohammed bin Salman likes to collect paintings. He used to spend 340 million pounds just to buy a picture of the famous artist Da Vinci.
Mohammed bin Salman is the Crown Prince of Saudi Arabia and the Minister of Defense 
In an interview with CBS News, Crown Prince Mohammed bin Salman said that finance is a personal matter and he does not need to apologize for being extravagant: 
"I am a rich person, not a poor person." I am not a leader but a member of the Royal Family who ruled for hundreds of years before Saudi Arabia was born. ”
In January 2015, his father was crowned King of Saudi Arabia after his brother, King Abdullah, died. Prince Mohammed bin Salman was appointed Minister of Defense and was elected Deputy Crown Prince shortly thereafter.

Mohammed's power increased rapidly when he was assigned to manage the national energy corporation Aramco. He also heads the Economic and Development Council, which oversees other ministries and manages the Kingdom's public investment budget.
In June 2017, Mohammed bin Salman was ordained a Crown Prince by his father at the age of 31, making him the second most important figure in Saudi Arabia.


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