Bangkok: Thai Crown Prince Maha Vajiralongkorn was proclaimed as the new king of Thailand on Thursday.


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The 64-year-old ascended the throne 50 days after his father and late King Bhumibol Adulyadej passed away.


The Thai monarchy is considered one of the richest in the world.


Vajiralongkorn's ascension to the throne was broadcast live on the national television.


He was reportedly invited to take over the new role by the National Legislative Assembly (NLA) after after weeks of protocols.


"I agree to accept the wishes of the late king... for the benefit of the entire Thai people," AFP quoted Vajiralongkorn as saying.


The ascension ceremony at his Bangkok palace was attended by the powerful junta leader Prayut Chan-O-Cha, the chief of the NLA, among others.


Buddhist temples across the country were asked to beat drums and gongs after his proclamation, the report said.