House of Saud
The House of Saud (ʾĀl Suʿūd) is the ruling royal family of Saudi Arabia. It is composed of the descendants of Muhammad bin Saud, founder of the Emirate of Diriyah, known as the First Saudi state (1727–1818), and his brothers, though the ruling faction of the family is primarily led by the descendants of Abdulaziz bin Abdul Rahman, the modern founder of Saudi Arabia. It forms a subtribe of the larger prominent ancient Banu Hanifa tribe of Arabia, of which well known 7th century Arabian theologist Maslama ibn Ḥabīb originates. The most influential position of the royal family is the King of Saudi Arabia, an absolute monarch. The family in total is estimated to comprise some 15,000 to 20,000 members; however, the majority of power, influence and wealth is possessed by a group of about 2,000 of them. Some estimates of the royal family's wealth measure their net worth at anywhere from 2 trillion. This figure includes the market capitalization of Saudi Aramco, the state oil and gas company, and its vast assets in fossil fuel reserves, making them the wealthiest family in the world and the wealthiest in recorded history. The House of Saud has had four phases: the Sheikhdom of Diriyah (1446–1744); the Emirate of Diriyah (1727–1818), marked by the expansion of Salafism; the Emirate of Nejd (1824–1891), marked with continuous infighting; and the current state (1902–present), which evolved into the Kingdom of Saudi Arabia in 1932 and now wields considerable influence in the Middle East. The family has had conflicts with the Ottoman Empire, the Sharif of Mecca, the Al Rashid family of Ha'il and their vassal houses in Najd, numerous Islamist groups both inside and outside Saudi Arabia and Shia minority in Saudi Arabia. The succession to the Saudi Arabian throne was designed to pass from one son of the first king, Abdulaziz, to another. The monarchy was hereditary by agnatic seniority until 2006, when a royal decree provided that future Saudi kings are to be elected by a committee of Saudi princes.
