Richest Heads of State – The World’s Richest Presidents 2012

Middle East has most richest the head of states in the world. With most of their fortunes coming from their countries’ oil reserves.  The Saudi King became the country’s leader in August 2005 after the death of his half-brother, King Fahd. Saudi Arabia contains the world’s largest crude oil reserves. When oil does well, the king does well. Sultan Haji Hassanal Bolkiah of Brunei for instance, was born into his wealth.

Here’s The  Richest Heads Of State:

#1. Sultan Haji Hassanal Bolkiah

Country: Brunei
Net worth: $20 billion
National GDP per capita: $48,892

He lives in  the largest palace in the world, Istana Nurul Iman. With most of his wealth coming from gas and oil reserves, the sultan of Brunei is the wealthiest non-ceremonial leader in the world. Most of his money comes from oil and gas reserves. The Brunei’s leader owns thousands of luxury cars.

#2. King Abdullah bin Abdul-Aziz

Country: Saudi Arabia
Net worth: $18 billion
National GDP per capita: $23,826

Saudi Arabia have the world’s largest crude oil reserves, which the state-owned oil company, Saudi Aramco, and produces more oil per day than any other oil company in the world.

#3. Sheikh Khalifa bin Zayed Al Nahyan

Country: United Arab Emirates
Net worth: $15 billion
National GDP per capita: $48,821

Like fellow neighbors in the Middle East, the president of the United Arab Emirates and the emir of Abu Dhabi’s wealth comes from oil. Al Nahyan’s net worth dropped from $23 billion in 2008 to $15 billion in 2010, according  Forbes reports.

#4. Sheikh Mohammed bin Rashid Al Maktoum

Country: United Arab Emirates
Net worth: $12 billion
National GDP per capita: $48,821

With his effort, Dubai is now a major center for manufacturing and tourism. The prime minister and vice president of the United Arab Emirates, as well as the emir of Dubai owns 99.67% of Dubai Holding, a government holding company.

#5. Prince Hans-Adam II

Country: Liechtenstein
Net worth: $5 billion
National GDP per capita: 134,045

Along with his siblings and their children, the prince of Liechtenstein, Hans-Adam II, owns LGT Group, the largest family-owned private wealth and asset manager in Europe. He is the richest monarch and the second richest head of state in Europe.

#6. King Mohammed VI

Country: Morocco
Net worth: $2.5 billion
National GDP per capita: $4,754

Though he has made the fight against poverty a major goal of his tenure as king, yet he himself lives an extremely extravagant lifestyle.  The king’s 12 palaces spend about  $1 million a day, according to Forbes.

#7. President Sebastián Piñera

Country: Chile
Net worth: $2.4 billion
National GDP per capita: $15,002

Pinera sold his stakes in various companies, including LAN, to avoid conflicts of interest since he became president of Chile in January 2010. He made his fortune before becoming president through ownership of the television channel Chilevision and LAN Airlines.

#8. Sheikh Hamad bin Khalifa Al Thani

Country: Qatar
Net worth: $2 billion
National GDP per capita: $88,559

He has played a major role in the development of Qatar’s oil and natural gas resources. The Sheikh Hamad has been the ruling emir of Qatar since 1995.

#9. President Asif Ali Zardari

Country: Pakistan
Net worth: $1.8 billion
National GDP per capita: $2,791

With most of his wealth coming from sugar mills across Pakistan and stakes in other businesses. According to the Pakistan Daily Zardari is Pakistan’s second richest man. Most  Zardari became president after the assassination of his wife, Benazir Bhutto, who served as prime minister of Pakistan during the 1990s.

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Richest Heads of State – The World’s Richest Presidents 2012