Tag: Brunei

The Sultan of Brunei Rented Out Half of Busan Luxury Hotel

| December 17, 2014

I guess a billionaire has to find ways to spend his money:

The Sultan of Brunei rented out half of a luxury hotel in Busan for the two days of the ASEAN-Korea Commemorative Summit, according to an industry source.

The source said Sultan Hassanal Bolkiah, accompanied by 12 princes and princesses, booked 119 rooms. The sultan stayed in a presidential suite measuring 654 square meters, with a spectacular ocean view, which costs 10 million won per day. [Korea Times]

You can read more at the link, but the Sultan is worth $40 billion from his kingdom’s oil and gas riches.