[mfringel]

Not unrelated: The House of Saud is losing a lot of money on the Credit Suisse rescue/buyout.

[realce]

"Some estimates of the royal family's wealth measure their net worth at $1.4 trillion."

A billion isn't worth losing sleep over here.

[whoisthemachine]

Basically the worth of a nation given to one family.

[boeingUH60]

Officially, it's the Saudi National Bank that is getting burned. But, in an absolute monarchy, you might as well say it's Crown Prince MBS because there's no distinction.

There's a reason why Forbes does not even rank royals' wealth. It's a futile journey trying to decipher what belongs to the king and what belongs to the state. But, note that the king must spend a lot on social services (free healthcare, free education (both local and foreign) in Saudi Arabia, etc., to please his countrymen, lest they revolt.

[spaceman_2020]

Nothing that Aramco can't make up for in a few weeks.

The House of Saud is sitting on the real money printer.