That’s part of the headline in a profusely illustrated story in Britain’s Mirror Online.
The story doesn’t appear to display all of its content, and much that is missing seems to be about the Thai king. However, the graphs are powerful. Here’s one:
The complaint PPT has about the story is that the data under-estimate the wealth of the royal house and monarchy in Thailand. The data presented essentially draws on calculations made in 2005.
That’s a decade ago, and despite the ongoing political crisis, the wealth of all Thailand’s big Sino-Thai tycoons increased remarkably while the baht strengthened against the dollar. Based on a quick scan of the main companies owned by the Crown Property Bureau and listed at the stock exchange, we’d estimate that their value has more than doubled in the period.
The biggest tycoon and capitalist conglomerate in the country is, we’d suggest, far wealthier than the story suggests.
[…] Of course, a constitutional monarchy is not unique at all, but Prayuth probably felt the need to tells the kids that Thailand’s version has existed with military backing and, together, they have repeatedly intervened to throw out elected governments while the monarchy has become the wealthiest in the world. […]
[…] Of course, a constitutional monarchy is not unique at all, but Prayuth probably felt the need to tells the kids that Thailand’s version has existed with military backing and, together, they have repeatedly intervened to throw out elected governments while the monarchy has become the wealthiest in the world. […]