King Mswati III Net Worth: The Swaziland King, Mswati III is worth an estimated $100 million as of 2014, according to Forbes; down $100 million of his 2012 fortune. King Mswati III is the last monarch of Africa who took the throne at age 18; he has often been criticized for lavish spending; several of his 13 wives reportedly went on a $6 million shopping spree in summer 2009.
The King was born Prince Makhosetive Dlamini on 19 April in 1968, he attended Masundwini Primary School, Lozitha Palace School and Sherborne School (International College) in England, before taking the throne from his father, King Sobhuza II in 1986.
King Mswati III currently has 15 wives and 24 children, while his father had 125 wives. As of 2014, the annual royal household budget is USD$61 million, while 63% of Swazis are living below $1.25 per day. The King has been criticized for his expensive lifestyle; buying all kinds of luxury cars, including a $500,000 DaimlerChrysler’s flagship Maybach 62, and prohibited anyone from photographing the cars. He is known to have larger personal stake in portion of Swaziland’s economy.