Thailand rebuffs Forbes' claims about king's wealth

0 Comments | AFP, August, 2008

BANGKOK (AFP) — Thailand's government hit out Friday at a US magazine's claim that the country's revered monarch, King Bhumibol Adulyadej, is the wealthiest royal sovereign in the world.

Describing the report as "inaccurate and inconsistent", the foreign ministry said Forbes magazine had wrongly attributed assets to the King that were not part of his personal fortune.

Forbes' royal rich list of the 15 wealthiest monarchs was released on Thursday and placed 80-year-old King Bhumibol top with an estimated personal fortune of 35 billion dollars.

"The Crown Property Bureau has clarified that the report is inaccurate and inconsistent," the foreign ministry said in a statement.

"Forbes has included land and other assets belonging to the Crown Property...

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