How The Eswatini Royal Family Spends Their Billions

King Mswati III has a vast fortune. His personal net worth is about $200 million and he controls a trust worth $10 billion. He owns private jets, expensive cars, and numerous palaces. King Mswati has deep pockets and an extremely expensive car collection. King Mswati’s private planes have led to a lot of controversies. His $20 million McDonnell Douglas MD-87 was allegedly given to him by an Indian mining company. For his 50th birthday, the King bought himself a $16 million Airbus A340-300. He purchased the private plane from China Airlines in Taiwan and received the plane before Eswatini’s Golden Jubilee. The annual budget of the Eswatini royal family is about $61 million, and the King and his wives regularly spend millions redecorating their palaces. This is how the Eswatini Royal Family spends their billions. King Mswati owns 60% of Eswatini’s land, making him the largest landowner in Africa. He owns 1 million hectares of farmland and much of it is used by locals to grow crops and raise livestock. The King’s most luxurious residence is the Lozitha royal palace. It’s his primary residence and is often used for political meetings with visiting dignitaries. King Mswati’s wives are known to go on extravagant shopping sprees, and residents usually protest as the queens spend thousands on high-end fashion and luxury goods. The King’s wives were spotted in Italy buying goods made by Versace, Tommy Hilfiger, and Burberry. His children spend much of their time traveling around the world. Keep watching to learn more about the Eswatini Royal Family and their incredible fortune.


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Written by: Max Power
Narrated by: Craig Freeman
Edited by: Gonzalo Lugo
Animated by: Gonzalo Lugo


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CHAPTERS:
00:00 Intro
00:43 Expensive Cars
04:13 Private Planes
05:16 Palaces
06:51 Fashion, Travel, and Parties