No. 1 on Forbes’ list, for the second year in a row, is Thailand’s King Bhumibol Adulyadej.

He is worth $30 billion, $5 billion less than last year, as a result of double-digit declines in real estate and stocks owned via the Crown Property Bureau, the state investment vehicle of which he is a trustee.

Rising political tensions have also destabilized the country, dampening even the important tourism sector.