Understanding the Monthly Allowance for Saudi Princes and Princesses

The monthly allowance for members of the Saudi royal family, particularly the thousands of princes and princesses, varies significantly based on their rank status and specific roles within the family. These allowances can range from tens of thousands to several million Saudi riyals per month, depending on the individual's position and contribution to the royal court.

Varied Allowances Depending on Rank and Responsibilities

The exact figures for these allowances are not publicly disclosed, leaving much of the financial details shrouded in mystery. Some reports suggest that some of the princes receive substantial monthly allowances, including those ranging from tens of thousands to several million Saudi riyals. Overall, it is estimated that these allowances could total into the billions of dollars annually when considering the entire royal family. However, specific amounts for individual members are often kept private due to the opaque nature of the royal family's financial arrangements.

Internal Financial Records Remain Confidential

For a more precise understanding of the allowances, one would need to access internal royal family financial records, which are not typically available to the public. Even detailed leaks, such as the 1996 leaked cable suggesting allowances ranging from 800 to 270,000 Saudi riyals per month, provide a glimpse into the past but not the current allowances.

Rank and Hierarchy Determine Financial Benefits

Allowances are determined by the rank of the individual and their position within the family hierarchy. The more prominent the role within the royal court, the higher the allowance. This system ensures that the most high-ranking members of the royal family are well-supported, but it also creates a hierarchy that can affect the daily lives and financial stability of other members.

Source of Wealth and Financial Transparency

While the monthly allowances for Saudi princes and princesses are understated or kept private, the source of their wealth is a matter of public interest. The Saudi royal family's immense wealth is often attributed to the country's vast oil reserves and the corresponding dividend wealth generated from the Saudi Arabian Oil Company (Saudi Aramco). Additionally, the royal family's financial holdings extend beyond oil and include various investments in real estate, businesses, and other industries.

Conclusion

The monthly allowances for Saudi princes and princesses are a reflection of their rank and contributions to the royal court. While the exact figures are not publicly available, it is clear that they form a significant part of the royal family's overall wealth. Understanding these allowances is crucial for grasping the broader financial landscape of the Saudi royal family.