Tuesday, September 9, 2025
28.1 C
New Delhi

Nepal’s Last King: How Rich Is India-Educated Gyanendra Shah?

Curated By :

Last Updated:

Gyanendra Shah’s formative years were largely spent in India, where he attended St Joseph’s School in Darjeeling before completing his graduation in Kathmandu

font

Former Nepal King Gyanendra Shah has retained substantial wealth despite losing the crown. (AP File Photo)

Former Nepal King Gyanendra Shah has retained substantial wealth despite losing the crown. (AP File Photo)

Former King Gyanendra Shah returned to Nepal on Sunday amid a wave of youth-led protests demanding systemic reform, good governance, and an end to corruption. The 77-year-old deposed monarch was welcomed with a show of public enthusiasm upon his return to Kathmandu, after spending two months in Pokhara.

Thousands of supporters gathered outside Tribhuvan International Airport, holding placards demanding the restoration of the monarchy. Some bore slogans such as, “We want our king back”, “End the federal republican system and re-establish the monarchy” and “The king and the country are dearer than our lives”.

Recommended Stories

The crowd’s fervour also included calls for Hinduism to be reinstated as the state religion, a stark contrast to the public sentiment when the monarchy was abolished amid nationwide protests. Gyanendra Shah was received at the airport by senior leaders of the Rastriya Prajatantra Party (RPP), the primary political force advocating for the return of the monarchy. Among those present were RPP President Rajendra Lingden, Rastriya Prajatantra Party-Nepal chief Kamal Thapa, and other senior party figures.

Addressing the nation through his dialogue secretariat on Tuesday, Shah urged that the growing movement “must not turn violent, must not descend into chaos, and must not be infiltrated by any external forces”. He emphasised that the grievances of the younger generation could be addressed internally through sincere dialogue and national unity.

A Monarch Twice Crowned

Gyanendra Shah’s ascension to the throne was marked by tragedy and political upheaval. He first became king at the age of three in 1950 due to political instability. His early childhood was spent in isolation at his grandmother’s residence, following astrological advice that his presence with Crown Prince Mahendra’s second child could bring misfortune. Coins were minted in his name, and he received Rs 3,00,000 for personal expenses during this period. A year later, power returned to his family.

His second and more permanent coronation followed the murder of his elder brother, King Birendra Bir Bikram Shah, and most of the royal family in 2001. Initially a constitutional monarch with limited powers, Gyanendra assumed full executive control in 2005, dissolving parliament, jailing politicians and journalists, and using the army to enforce rule during a state of emergency. The king’s tenure coincided with a Maoist insurgency, which he failed to quell despite promises to restore peace within three years.

The Fall Of The Monarchy

Street protests in 2006 forced Gyanendra to relinquish power. Subsequently, Nepal’s multiparty government negotiated a peace agreement with Maoist insurgents, ending a decade-long civil war that claimed thousands of lives. In 2008, Nepal’s parliament formally abolished the monarchy, transitioning the country into a secular federal republic. Gyanendra vacated the Narayanhiti Palace and moved to the Nagarjuna Palace, historically a summer residence of the royal family, where he now resides permanently.

Education And Personal Life

Gyanendra’s formative years were largely spent in India, where he attended St Joseph’s School in Darjeeling before completing his graduation in Kathmandu. He cultivated a reputation as an environmentalist, engaging in conservation efforts for forests and wildlife. In 1970, he married his second cousin, Komal Rajyalakshmi Devi, and the couple had two children.

Despite relinquishing the crown, Gyanendra continues to possess substantial wealth. While properties inherited from the state were returned, the former king maintains extensive personal assets. His investments span luxury hotels, including the Soaltee Hotel, whose value in 2008 was estimated at over $100 million.

He also holds significant shares in companies such as Himalayan Goodricke, Surya Nepal Tobacco, and Annapurna Hotel, along with tea estates in Nepal, an entire island in the Maldives, and stakes in a Nigerian oil company. Gyanendra’s portfolio also includes Nirmal Mahal in Maharajganj, priceless heritage from the Shah and Rana dynasties, as well as valuable jewels and artifacts.

Gyanendra’s rise to power has long been shrouded in controversy. Suspicions arose around the royal massacre, with some alleging he orchestrated the killings. Although the official investigation attributed responsibility to Crown Prince Dipendra, Gyanendra’s demolition of Tribhuvan Sadan, the site of the massacre, fuelled public skepticism. While democracy has been in place for 17 years, political instability and frequent government changes have prompted segments of the Nepali population to reminisce about monarchical rule, with rumours resurfacing that a restoration could stabilise the nation.

Legacy Of The Shah Dynasty

The Shah dynasty’s rule in Nepal dates back to 1768, tracing its lineage to Rajput ancestors from India. Gyanendra Shah, often described as the world’s last Hindu king, symbolises both the grandeur and the turbulence of Nepal’s monarchical past, a history now intertwined with personal wealth, political intrigue, and the nation’s ongoing debate over governance.

News world Nepal’s Last King: How Rich Is India-Educated Gyanendra Shah?
Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Loading comments…

Read More

Go to Source

Hot this week

Navya meets Apple CEO Tim Cook, poses with Armaan

Navya Naveli Nanda, granddaughter of Amitabh Bachchan and Jaya Bachchan, recently attended an event at Apple’s headquarters in Cupertino, California. Read More

‘I don’t feel like myself anymore’: Indian-origin couple’s story of being punched, kicked by Chinese man at Switzerland hotel goes viral

An Indian couple claimed they were brutally attacked by a Chinese person at a hotel in Switzerland, unprovoked. Read More

Epstein’s Birthday Letter With Trump’s ‘Signature’ Revealed, White House Dismisses ‘Hoax’ | 4K

CNN name, logo and all associated elements ® and © 2024 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Read More

Apple Watch SE 3 With Sleep Score, Wrist Temperature Sensing Launched: Check Price, Specifications

Apple Watch SE 3 Launch:After weeks of leaks, rumours, and speculations, Apple has officially launched the Apple Watch SE 3, the next-generation addition to its mid-range wearable lineup. Read More

Apple Watch Ultra 3 With Workout Buddy, Sleep Score Launched: Check Out Price, Specifications

Apple Watch Ultra 3 Launch: After months of rumours, leaks, and anticipation, Apple has officially unveiled the Apple Watch Ultra 3 at its much-awaited ‘Awe Dropping’ event on Tuesday, September 9. Read More

Topics

Navya meets Apple CEO Tim Cook, poses with Armaan

Navya Naveli Nanda, granddaughter of Amitabh Bachchan and Jaya Bachchan, recently attended an event at Apple’s headquarters in Cupertino, California. Read More

‘I don’t feel like myself anymore’: Indian-origin couple’s story of being punched, kicked by Chinese man at Switzerland hotel goes viral

An Indian couple claimed they were brutally attacked by a Chinese person at a hotel in Switzerland, unprovoked. Read More

Epstein’s Birthday Letter With Trump’s ‘Signature’ Revealed, White House Dismisses ‘Hoax’ | 4K

CNN name, logo and all associated elements ® and © 2024 Cable News Network LP, LLLP. A Time Warner Company. All rights reserved. CNN and the CNN logo are registered marks of Cable News Network, LP LLLP, displayed with permission. Read More

Apple Watch SE 3 With Sleep Score, Wrist Temperature Sensing Launched: Check Price, Specifications

Apple Watch SE 3 Launch:After weeks of leaks, rumours, and speculations, Apple has officially launched the Apple Watch SE 3, the next-generation addition to its mid-range wearable lineup. Read More

Apple Watch Ultra 3 With Workout Buddy, Sleep Score Launched: Check Out Price, Specifications

Apple Watch Ultra 3 Launch: After months of rumours, leaks, and anticipation, Apple has officially unveiled the Apple Watch Ultra 3 at its much-awaited ‘Awe Dropping’ event on Tuesday, September 9. Read More

VP election: CP Radhakrishnan hails win as triumph of ‘nationalistic ideology’; vows to work for nation’s development

NEW DELHI: National Democratic Alliance’s (NDA) candidate, CP Radhakrishnan on being elected as the Vice President on Tuesday, said that his victory reflects the triumph of “nationalistic ideology,” countering the o Read More

Sweden’s New Health Minister Faints On Stage Moments After Appointment | Watch

Curated By : Last Updated:September 10, 2025, 01:09 IST Security personnel reacted immediately, rushing to assist the minister, as did Prime Minister Kristersson. Read More

Horoscope Today for September 10, 2025: Academic progress drags for one zodiacsign today

Horoscope Today for September 10, 2025: Academic progress drags for one zodiacsign today ByManisha Koushik, Dr Prem Kumar Sharma Published on: Sept 10, 2025 01:00 am IST Share Via Copy Link Daily Horoscope: Read t Read More

Related Articles