The king had appointed six members of the bureau's governing board, with the seventh the sitting Minister of Finance of Thailand[9] until the Thai military junta reign in 2017-2018, a royal property law was modified.

[11]: 282 [12] In 2018, King Vajiralongkorn was granted full, personal ownership of royal assets thought to be worth at least $70bn to as much as $130bn.

The Crown Property Bureau, which controlled the royal fortune on behalf of the monarchy, said it transferred ownership of the assets following a change in the law a year earlier.

Wan Muhamad Noor Matha (PCC) Pichet Chuamuangphan (PTP) Paradorn Prissanananthakul (BTP) Natthaphong Ruengpanyawut (PP)

Mongkol Surasajja Kriangkrai SrirakBunsong Noisophon President: Chanakarn Theeravechpolkul President: Prasitsak Meelarp President: Nakarin Mektrairat Diplomatic missions of / in Thailand Passport Visa requirements Visa policy Borders : Cambodia Laos Malaysia Myanmar (Maritime : India Indonesia Vietnam) Foreign aid The Crown Property Bureau was established under the Royal Assets Structuring Act of 1936 and became a juristic person in 1948.

According to the act, a Board of Crown Property was set up, to be chaired ex officio by the finance minister, and served by at least four royally-appointed directors.

The CPB claims to be responsible for protecting and managing the royal assets and property as well as supporting other activities for the benefit of Thai subjects and society.

[14] Historically, the bureau would rent the land cheaply to small shop owners and members of the lower class.

The CPB has the authority to assist tenants who are affected by floods or political unrest with rent and fee reductions.

With Bangkok's real estate values increasing in 2017, with average land prices projected to climb four percent, the CPB negotiated deals for some of its central Bangkok prime real estate: The CPB has expanded its diversified social projects such as temple restorations, and rice research and development with the Rice Department of the Ministry of Agriculture and Cooperatives.

The projects have been aimed at supporting the Ministry of Education for inculcating the king's "sufficiency economy" philosophy in the Thai school system and the establishment of the Nitasrattanakosin Exhibition Hall on Ratchadamnoen Avenue for Thai youth to learn, appreciate, and take pride in Thailand's artistic and cultural accomplishments of the Rattanakosin era.