New look at Thai royal riches

Dec 06, 2007

∙ Paid

Is the Thai royal

family the world’s richest royalty? Over the years, journalists

and academics have attempted to put a value on the Crown Property

Bureau (CPB), the business arm of Thailand’s royal family.

Usually its wealth was

estimated somewhere between the $2 billion cited by Forbes magazine

in 1997 and the $8 billion assigned in Michael Backman’s 1999

bo…

Keep reading with a 7-day free trial

Subscribe to Asia Sentinel to keep reading this post and get 7 days of free access to the full post archives.