Wealth and Privileges of Saudi Princes
In late 1960s King Faisal issued a decree that every inch land of the country that was not officially registered to a private individual belonged to the Saudi royal family. Thus the entire country is treated as private property of the Royal family.
The King distributed much of the land to royal family members. Princes sold some of the land back to the state and some to the public, but most they kept for themselves. Inside major cities or out in the remote desert, the country's vast landmass remains private property of the Princes now numbering over 5000.
They also treat entire Saudi oil revenues as their private wealth. Every Prince or princess is entitled to a monthly salary starting the date of his/her birth. Minimum monthly salary for the prince is US$ 150K while princess is US$ 50K, which starts on the moment of their birth and continues up to their 11th birthday. Then the salary amount is re-adjusted with higher amount.
[...]
And what is the current size of Saudi royal family? According to information, up to April 1995, Prince Saud married into more than 30 tribes with 42 sons and 125 daughters. It was claimed that, the prince had married at least 1,400 women.
The size of the royal family now should be somewhere above 50,000 members. Almost all the male members of the Saudi royals are polygamists. It will be totally difficult to identify even a couple of princes in the Saudi royal family, who has just one wife and 5-6 children. In most nominal cases, it will be 10-15 wives with at least 3-35 kids. -
Full article