Sheikh of Kuwait net worth: Sabah IV Al-Ahmad Al-Jaber Al-Sabah is the Emir of Kuwait and has a net worth of $600 million. Sheikh of Kuwait is also the Commander of the Military of Kuwait and was born in Kuwait City, Sheikhdom of Kuwait in June 1929. He started serving in local government in 1954. Sabah served as the Foreign Minister of Kuwait from 1963 to 2003. He was tasked with restoring Kuwait's international relations after the Gulf War. He then served as the Prime Minister of Kuwait from 2003 to 2006.
The emir Sheikh Jaber passed away in January 2006 making Sheikh Saad the new emir. Due to health problems Saad was unable to continue and abdicated later that month. Sheikh Sabah was chosen as the new Emir of Kuwait. In 2008 he dissolved the National Assembly of Kuwait. The Sheikh increased his annual stipend from the equivalent of $25 million to $188 million. His wife and cousin passed away in 1990. He has had four children, but two have passed away. The Sheikh is the head of the Sabah monarchy.
