Sultan Qaboos bin Said’s biography, fact, career, awards, net worth & life story

  • Source of Wealth: Oil, Gas Industry (Sultan of Oman)
  • Nationality: Oman

Ascended throne in 1970 after overthrowing his father in a coup. Sultan Qaboos bin Said has an estimated net worth of $700 million. He has led successful diversification of economy with grand objective of reducing the oil sector’s hefty 40% contribution to GDP to 9% by 2020.

Promoting gas and tourism industries; government also owns stake in the Wave, a $2.5 billion mixed-use beachfront development in country’s capital, Muscat. Avid classical music fan; personally financed restoration of mosques across the country.

Graduate of Britain’s Sandhurst Military Academy, served in British Infantry.Divorced with no children, succession plan is matter of much speculation.

You May Also Like