Hassanal Bolkiah Mu'izzaddin Waddaulah, the Sultan and Yang Di-Pertuan of Brunei Darussalam, GCB GCMG (July 15, 1946) is the 29th Sultan of Brunei, the eldest son of Sultan Omar Ali Saifuddien III, the previous Sultan of Brunei, and Raja Isteri Pengiran Anak Damit. In the 2008 Forbes list of the 100 wealthiest people, he appears at no. 16, with an estimated net worth of $23.1 billion.
The Sultan has a sizable private fortune derived from his total control over the national economy's finances and the appropriation of the state's sizeable oil revenues to bankroll his extravagant lifestyle. The Sultan's fortunes, in line with oil prices, have fluctuated since an estimated high of $55.63 billion in 1997, which made him the richest man in the world at that time.
The Sultan has a sizable private fortune derived from his total control over the national economy's finances and the appropriation of the state's sizeable oil revenues to bankroll his extravagant lifestyle. The Sultan's fortunes, in line with oil prices, have fluctuated since an estimated high of $55.63 billion in 1997, which made him the richest man in the world at that time.