image

Thai King Bhumibol Adulyadej

Thailand’s King Bhumibol Adulyadej, also known as Rama IX, was the longest-serving head of state and monarch in Thai history, serving for 70 years. He died on October 13, 2016, following several years of illness. Widely respected at home and abroad, he was credited with restoring the prestige of the previously floundering institution of Thai monarchy and unifying a country beset with deep-seated political divisions.

Thai King Maha Vajiralongkorn Bodindradebayavarangkun. Photo: EPA

Thai king takes control of US$30 billion royal fortune

The official agency that had managed the vast wealth of Thailand’s royal family has announced that its assets have formally been turned over to King Maha Vajiralongkorn Bodindradebayavarangkun, who assumed the throne after the death of his father in 2016.

2