8 Richest Royal Families in India that still live a lavish life
8 Richest Royal Families in India In the tapestry of India’s history, the era of monarchs has faded, and kingdoms are now echoes of the past. Yet, within the intricate fabric of contemporary India, remnants of royal grandeur persist among noble families. Some inhabit opulent palaces, while others hold substantial stakes in diverse real estate ventures.
The year 1971 marked a transformative moment for India with its 26th constitutional amendment, leading to the erosion of many privileges traditionally enjoyed by royal families. Despite the loss of titles and formal status, a select few continue to bask in lives of opulence, sustained by the legacy of wealth bequeathed by their forebears. This enduring affluence fortifies their royal identity, affording them enduring influence and authority.
However, the treasures bestowed by their ancestors are finite, particularly the monetary ones, and this awareness permeates the consciousness of these royal families. While upholding the vestiges of their regal heritage, many have embarked on diverse paths to secure their livelihoods. Though the prospect of reclaiming their former treasures and authority remains elusive, the preservation of luxury and stature is an ongoing commitment.
Presented here is an exploration of eight affluent royal families in India, illuminating the intricacies of their lifestyles and the diverse avenues through which they sustain their livelihoods.
8 Richest Royal Families in India
Royal Family of Jodhpur
Major Source of Income: Hospitality Industry
Primary Revenue Stream: Hospitality Sector Maharaj Gaj Singh II, the titular head of Jodhpur, presently resides in the expansive Umaid Bhawan Palace. This architectural marvel, housing the royal family, also features a Taj Hotels-managed hotel segment and a museum, welcoming discerning tourists. The projected net worth of the Royal Family of Jodhpur stands at an estimated INR 224 billion.
How does the Royal Family of Jodhpur make money?
Umaid Bhawan Palace, sprawled over 11 hectares, boasts 347 rooms and diverse amenities, serving as a noteworthy source of revenue.
Maharaja Gaj Singh II, apart from his regal responsibilities, has previously served in the Rajya Sabha and as the Indian High Commissioner to Trinidad and Tobago.
Royal Family of Jaipur
Major Source of Income: Hospitality Industry
In the tapestry of Jaipur’s history, the Royal Family, tracing its roots back to the Rajput lineage known as the Kachhwaha, weaves a tale of legacy and transitions. Bhawani Singh, the final titular head of Jaipur, departed this realm at the age of 79 in April 2011.
Beyond his regal role, Bhawani Singh adorned the ranks of lieutenant Colonel and Brigadier in the Indian army, a journey that unfolded from 1951 to 1975. Faced with the absence of a male heir, he chose a distinctive path, embracing the tradition of adoption. Thus, Padmanabh Singh, the grandson through adoption, emerged as the chosen successor, inheriting the mantle as the Maharaja of Jaipur in 2011. This regal narrative, rich in twists and turns, encapsulates the essence of a dynastic continuum.
How does the Royal Family of Jaipur make money?
- Padmanabh Singh is a national-level polo player. The young man is also an enthusiastic traveller who has grabbed the attention of various magazines.
- The royal family contributed the Rambagh palace to the Taj Hotel to manage and run the place like a hotel.
- Padmanabh has recentlyย partnered with Airbnbย and has put up a suite in Jaipur. It also aids in the financial income of the family.
8 Richest Royal Families in India
Royals of Mewar
Major Source of Income: Tourism & Hospitality Industry
In the annals of Indian history, the realm of Mewar stands adorned with illustrious monarchs, none more renowned than Maharana Pratap. This kingdom boasts one of India’s most distinguished royal lineages. Even today, the descendants of Maharana Pratap continue to reside in the picturesque city of Udaipur. At the helm of the Mewar Dynasty, Maharaja Arvind Singh Mewar assumes the esteemed role of the 76th custodian of the House of Mewar, a title steeped in tradition and heritage. Notably, he isn’t merely a custodian of royal legacy but also a prosperous entrepreneur, adding a contemporary chapter to the saga of Mewar’s enduring influence.
How does the Royal Family of Mewar make money?
- Arvind Singh is the head of the HRH Group of Hotels, which has over 10 hotels under it.
- The family also owns various heritage hotels, resorts, and charitable institutions across Rajasthan.
- Some of the royal properties, such as the Lake Palace and the Fateh Prakash Palace, are given to the Taj Group of Hotels for management on lease.
- They have opened a part of the Udaipur City Palace for tourism.
Pataudi Clan
Major Source of Income: Arts
No compilation of influential Indian families is complete without a nod to the Pataudi Clan, a shining beacon in the tapestry of Bollywood. The name Saif Ali Khan resonates across the nation, a cinematic icon whose roots trace back to the esteemed Nawabs of Pataudi.
At the helm of the Pataudi Clan, the last titular head was Mansoor Ali Khan Pataudi, adorned with the title of Nawab. His legacy extends beyond the realm of cinema; Mansoor Ali was a distinguished former captain of the Indian Cricket Team. In a union that transcended boundaries, he wedded the Bollywood luminary Sharmila Tagore, and their familial saga unfolded with the blessings of three children, among them the charismatic Saif Ali Khan. The Pataudi narrative, a fusion of cricketing prowess and cinematic charm, remains etched in the cultural consciousness of India.
- Presently Saif Ali Khan holds the title of Nawab of Pataudi and is an actor, and he has outstanding earnings from Bollywood.
- Apart from being a Bollywood actor, he also owns the Pataudi Palace, worth around โน800 crores.
- He is also married to Bollywood Actress Kareena Kapoor, which also adds income to the Pataudi Family.
The Nawab has a net worth of around INR 1100 Crores.
Alsisar Royal Family
Major Source of Income: Hospitality Industry & Events
Within the vibrant tapestry of Rajasthan, the Alsisar Royal family stands as a testament to regal grandeur, hailing from the kingdom of Khetri. Leading this noble lineage is HH Abhimanyu Singh, the esteemed sixteenth scion of the Alsisar royal family, and the present custodian of its legacy. Amidst the rich cultural heritage of Rajasthan, the Alsisar Royal family adds a chapter of distinction, with HH Abhimanyu Singh at its helm, steering the course of tradition into the modern era.
How does the Alsisar Royal Family make money?
- The Alsisar family owns grand palaces across Jaipur and Ranthambore.
- The royal family also runs several hotels on their properties.
- Apart from running all these palaces and hotels, Abhimanyu Singh is also a co-sponsor of India’s hippest annual EDM festival, Magnetic Fields. And so, Singh is called the party prince of India.
Gaekwads of Baroda
Major Source of Income: Politics & Real Estate Business
Originating from Pune, the Gaekwads have held sway over Vadodara since the 18th century, a testament to their enduring legacy. At the helm of this venerable royal family is Samarjitsinh Gaekwad, the current head of the Vadodara lineage. Upon ascending to the throne, Samarjitsinh Gaekwad possessed a considerable fortune, estimated at approximately โน20,000 crores. This melding of historical significance and contemporary affluence paints a vivid portrait of the Gaekwads’ enduring influence in the cultural landscape of Vadodara.
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- It includes primarilyย real estate, land, and Laxmi Vilas Palace.
- He also inherited paintings by Raja Ravi Verma and gold, silver, and royal jewellery.
- One of the primary sources of his income is managing temple trusts that add up to 17 temples across Gujarat and Banaras.
- Samarjitsinh has also represented himself in the Ranji trophy of his state, being a cricketer.
- He was also engaged in politics for some time but has been inactive since 2017.
Wadiyar Dynasty
Major Source of Income: Hospitality Industry & Silk Business
In times of yore, the Kingdom of Mysore was governed by the venerable Wadiyar Dynasty, tracing its roots to the Yaduvanshi clan of Lord Krishna.
The historical tapestry takes a fascinating twist in 1612 when Queen Alamelamma of Vijaynagar cast a fateful curse upon the Wadiyar Dynasty. The prophecy foretold that Mysore kings would be bereft of descendants, a foreboding that seems to have held true for four centuries.
In the present day, the mantle of the dynasty rests on the shoulders of the 27-year-old Yaduveer Krishnadutta Chamaraj Wadiyar, who, interestingly, is not the direct heir. The unfolding drama of succession saw his uncle, Srikantadatta Wadiyar, pass away in 2013 without a named successor, as he had no children. Consequently, the Rajmata, his wife, adopted Yaduveer as their son, ushering him into the role of the monarch, thus weaving a contemporary chapter into the intricate fabric of Mysore’s regal history.
How does the Wadiyar Dynasty of Mysore make money?
- Royal Silk of Mysore was started by Srikantadatta. Mysore as the top silk producer, the familyโs brand remained a significant income source.
- The present king, Yaduveer, holds a degree in English Literature and economics and works onย tourism and heritage infrastructure development and promoterย in Mysore.
- They also earn an income by renting their palace grounds in Bangalore for marriages and functions. 8 Richest Royal Families in India
- It is speculated that the family has assets worth Rs 10,000 crore.
Bhonsale Dynasty
Major Source of Income: Politics
Residing in India, it’s likely you’re acquainted with the legendary Chhatrapati Shivaji Maharaj and the expansive Maratha Empire. Shivaji Maharaj, a luminary of the Bhonsle Maratha Dynasty, left an indelible mark on history. What might be less known is that his descendants still thrive in various corners of Maharashtra.
Among them, Udayanraje Bhosale of Satara stands as the 13th Chhatrapati, bearing the weight of a storied title. Beyond the echoes of royalty, Udayanraje Bhosale dons another hat as an Indian Politician, navigating the realms of governance in contemporary Maharashtra. This fusion of historical lineage and modern political engagement adds a dynamic layer to the enduring legacy of the Bhonsle Maratha Dynasty.
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How does the Bhonsale dynasty make money?
- Udayanraje Bhosale has been serving as a member of the Rajya Sabha from Maharashtra since 2020 and is a member of the Bharatiya Janata Party (BJP).
- He was also an MP of Lok Sabha from the Satara Constituency from 2009 to 2019.
- Bhosale was earlier a member of the Bharatiya Janata Party and a member of the Maharashtra Legislative Assembly from 1998 to 1999.
- Politics had been a significant source of income for this family, and it has been declared to have a net worth of around INR 200 crores as of 2020. 8 Richest Royal Families in India
All Data Source – startuptalky.com
Peoples Also ask- About 8 Richest Royal Families in India and Their Source of Lavish
As of my last knowledge update in January 2022, India does not have a reigning royal family since it is a democratic republic. However, India has a rich history of princely states and royal families that played significant roles before independence in 1947. While there is no official ranking of royal families, here are some notable ones based on historical prominence: 8 Richest Royal Families in India
- Mewar Dynasty (Udaipur): The Mewar dynasty is one of the oldest and most respected royal families in India, known for their historic capital of Udaipur.
- Jaipur Royal Family: The Kachwaha Rajputs of Jaipur have a prominent place in Indian history. Jaipur is known as the “Pink City,” and the city’s rulers have left a lasting architectural legacy.
- Jodhpur Royal Family: The Rathores of Jodhpur are known for their impressive Mehrangarh Fort and have been influential in the history of Rajasthan.
- Mysore Royal Family: The Wadiyars of Mysore have a long history in southern India and were patrons of art and culture.
- Patiala Royal Family: The Phulkian dynasty in Patiala had a significant role in the Sikh Empire and later became a princely state under British rule.
- Baroda Royal Family: The Gaekwads of Baroda were prominent Maratha rulers and played a crucial role in the history of Gujarat.
- Travancore Royal Family: The Travancore royal family in Kerala had a long and distinguished rule and were known for their progressive governance.
- Bhonsle Dynasty (Nagpur): The Bhonsles were Maratha rulers of Nagpur and played a role in the historical events of the region.
- Kolhapur Royal Family: The Bhonsle Chhatrapatis of Kolhapur were another branch of the Bhonsle dynasty and played a role in the Maratha Confederacy.
- Sikar Royal Family: The Shekhawat Rajputs of Sikar have a rich history in Rajasthan.
It’s important to note that the titles and privileges of these families were largely abolished with the integration of princely states into the Indian Union in 1947. The individuals mentioned may still be active in various capacities, but their roles are more symbolic and cultural than ruling in a political sense. For the most up-to-date information, please verify from current sources.
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