Re:What the Fluck
by dredmorbius on Friday December 06, 2013 @02:51AM
(#6859969)
The House of Saud (15,000 members, core of which is some 200-2000, holding most of the wealth), which effectively owns Saudi Arabia, is pretty hard to pin down. The richest individuals seem to be in the $15-20 billion range. Total family wealth may exceed $1.4 trillion.
Saudi Arabia's 2011 GDP was $576 billion, putting the family's worth at as over 240% of GDP.
Since Saudi GPD is about 1% of total global GDP, this means the family's wealth is about 2% of the world's GDP.
Saudi Arabia's 2011 GDP was $576 billion, putting the family's worth at as over 240% of GDP.
Since Saudi GPD is about 1% of total global GDP, this means the family's wealth is about 2% of the world's GDP.
http://www.tradingeconomics.com/saudi-arabia/gdp
http://www.alearned.com/saudi-royal-family/ (I'm not convinced this source is accurate).