Wednesday, November 30, 2022

Royal wealth 1

How many of us normal people can relate to the wealth of an Elon Musk or Jeff Bezos? They are at the top of the list of wealthy Americans. Probably, unlike the rest of us, they could buy any car or home or toy or luxury vacation either of them could want.

But the wealth of the royal family of Qatar surpasses both of them . . combined. It's pretty much unimaginable wealth. The small nation of Qatar is on the east side of the Saudi Arabian peninsula, circled on the map below.


Oil/gas is the source of their wealth, as you might guess from their Middle East location. Relatively tiny in size compared to some nations, Qatar holds about 10% of the world's reserves.

Their holdings have gone way beyond their own country. By some accounts, the royals of Qatar hold more property in London than the British monarchy.

(cont'd tomorrow)

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