The most basic way for the Saudi royal family to make money is a monthly salary, and members of the royal family can receive money every month when they are born. According to the cable, in the mid-1990s, members of the "lowest rank and farthest collateral" royal family earned $800 a month, while the son of Abdalasis Saudi Arabia, the founding king of Saudi Arabia, earned $200,000 to $270,000 a month. Abdalasis Saudi Arabia's grandchildren earn $27,000 a month, while the great-grandchildren receive $654.38+$3,000 a month. These royal salaries are managed by a special department of the Saudi Ministry of Finance. "When members of the royal family get married or build palaces, they will get extra red envelopes." According to these cables, the annual budget of Saudi Arabia at that time was 40 billion dollars, and the royal system spent about 2 billion dollars.
It is obvious that a simple salary cannot meet the needs of some members of the royal family. Ma Xiaolin, an expert on Middle East issues, told the Beijing News that the Saudi royal family is very large, and a considerable part of its oil wealth is concentrated in the royal family. King Abdullah's personal assets are $20 billion. Ma Xiaolin said that in addition to salaries, the Saudi royal family also has family companies that earn business income. In addition, business agents are also part of the royal income. In large-scale trade such as oil and arms, the royal family also wooed.
Wikileaks revealed that some members of the Saudi royal family hold "extra-budgetary" projects, such as the * * * temple construction project and the strategic reserve project of the Ministry of National Defense, which cost about $654.38+0 billion annually. The money is "very secret and not regulated by the Ministry of Finance". Some members of the royal family will also "subsidize" foreign workers and provide them with residence permits. In return, each worker must pay $30 to $65,438 +050 a month. There are also some princes who expropriate land from civilians and then sell it to * * * at a high price to meet the upcoming projects.
Originally, it relied on buying and selling, or even on monopoly management. Do oil, arms, major national projects, do not open tender, rely entirely on the influence of the royal family, there is no way not to be rich as enemies. This is a typical feature of the kingdom. The country is just a decoration in the bedroom of the royal family, and the royal family is rich, which is the natural king. Fortunately, the king can make his people live a relatively rich life. In other words, although he eats fat meat and becomes a unique meat eater in China, he is willing to give his subjects soup and even put a few pieces of fat meat in the broth, which is also a wonderful way to stabilize the throne.