Sultan of Brunei Net Worth: Hassanal Bolkiah's Rise to Power 

CELEBZ NET WORTH

Hassanal Bolkiah is currently the ruling figure of Brunei. The country’s revenue mostly comes from oil and gas.

Sultan of Brunei - Net Worth

Business Insider’s top 10 wealthiest royals note Hassanal Bolkiah in second place with $20 billion.

The Bolkiah, back then, was the furthest from being called wealthy. The greatest legacy for the next ruler to inherit was the eternal problems with money.

A country once the poorest in Asia suddenly became one of the biggest fuel exporters. But by no means did the sultan, or any of his people, make their fortunes from the discovery  of oil.

Since the discovery of oil and gas, Brunei has never diversified from the industry to find other sources of income.

The Asia Pacific Research Center said that natural oil reserves run out after 25 years. For natural gas, it’s 40 years.

Unless the country trades or attempts to invest in something else,the  kingdom will suffer devastating effects once its reserves have been depleted.

FOR MORE ABOUT THIS POST, VISIT CELEBZ NET WORTH