Sultan Qaboos bin Said Net Worth

$700 Million

Qaboos bin Said Al Said (Arabic: قابوس بن سعيد آل سعيد‎ Qābūs bin Saʿīd ʾĀl Saʿīd; born 18 November 1940) is the Sultan of Oman and its dependencies. He rose to power after overthrowing his father, Said bin Taimur, in a palace coup in 1970. He is the 14th-generation descendant of the founder of the Al Bu Sa’idi dynasty.

Qaboos was born in Salalah in Dhofar on 18 November 1940. He is the only son of Sultan Said bin Taimur and Sheikha Mazoon al-Mashani. He received his primary and secondary education at Salalah and Pune, India where he was the student of Shankar Dayal Sharma, the former President of India and was sent to a private educational establishment in England at age 16. At 20, he entered the Royal Military Academy Sandhurst. After graduating from Sandhurst, he joined the British Army and was posted to the 1st Battalion The Cameronians (Scottish Rifles), serving in Germany for one year. He also held a staff appointment with the British Army.

After his military service, Qaboos studied local government subjects in England and, after a world tour, returned home to Salalah where he studied Islam and the history of his country.

Qaboos acceded to the throne on 23 July 1970 following a successful coup against his father, with the aim of ending the country’s isolation and using its oil revenue for modernization and development, moving to Muscat. There he declared that the country would no longer be known as Muscat and Oman, but would change its name to “the Sultanate of Oman” in order to better reflect its political unity.