September 15, 2007

The king makes how much?

Filed under: Maghreb Issues — taamarbuuta @ 11:31 pm

A Moro in America reports that King Mohammed VI is the 7th richest royal in the world - while I am left here wondering who the first 6 are, the Moroccan monarch’s salary blows my mind, but not as much as the amount he apparently spends daily on clothes and car repairs: $960,000.

King of the poor my left arm.

9 Responses to “The king makes how much?”

  1. trevor Says:

    Surely only a Borges would have an item in his expenses labelled “clothes and car repairs”.

  2. Aimee Says:

    Wow - I had to read twice to see that was the DAILY figure.

  3. Madghis Says:

    $960,000 DAILY?!?!?! Are you sure?!?! I know that Mohammed VI is really developing the country but that kind of spending is EXCESSIVE!

    Gone are the days where the king was accountable to the people and where he can meet them as a normal human without any fear.

  4. La Gatita Gringa Says:

    When I originally saw the list I had to look at it 3 times and I still think it’s a misprint. A net worth of $2 billion? Wealthier than the Emir of Qatar, the Sultan of Oman and the Emir of Kuwait? Wealthier than QEII? Where are the natural resources? Frankly, I don’t believe it.

  5. taamarbuuta Says:

    I’m not sure, no. Look at Forbes Magazine (http://members.forbes.com/forbes/2007/0917/054.html), they originally reported it.

  6. Gatita Gringa Says:

    No, it’s there … I just don’t believe it.

  7. Quixoti Says:

    The king has a dozen of palaces in Morocco. Each palace is a huge palace and it employs cooks,gardners, housemaids, accountants, and engineers and so . Each palace has an eletric bill,water bill, Gas bill, vehicles and their chauffeurs. Mind you , it’s just one palace. Now calculate it times 12(palaces). When we say vehicles, we are not talking about economy cars :) I have been to the Palace in Ifran ( just the outside of it) . I seriously considered plunging in the grass. It was so green and beautiful :) I am sure it requires a sophisticated and expensive irrigation and maintenance system ;)

    When I studied at Al Akhawayn, the sprinklers were always on, and more often than not, pointed at the pavement more than the grass!

    -Jill

  8. Lambert Says:

    Ok boys and girls.

    These are the official figures how the King of Morocco
    earn every month .
    1. The king monthly salary is 62,000.00 dollars a months.not much compare to any CEO in north America.

    2. The king personal Net figures are around 1.6 billions dollars. This may sound as lots of money but these are assets not cash !!! most of these assets are
    family assets

    3. Palaces cost of opeartion is around 1 million dollar a month . The Palace is the highest institution in the country that includes staff, telecommunications, security . it is just like any other governement office which requires budgets.

    these numbers are quiet official to the letter . don’t assume anything you read over the net is true.!!

    George W Bush makes 250,000.00 a year as salary . this is not the white house budget or his administration expenses.

    now do the math and you will see the reall numbers .

  9. simon mayhall Says:

    How many palaces does Mohammed 6 have in total?

Leave a Reply