The Al Nahyan royal family of Dubai has a presidential palace worth Rs 4078 crore, which is equivalent to the size of three Pentagons. It also owns eight private aircraft and a well-known football team, making it the richest in the world. President Sheikh Mohammed bin Zayed Al Nahyan heads the family, which includes 18 brothers and 11 sisters. The Emirati royal family comprises nine children and eighteen grandkids.
UAE President Sheikh Mohammed bin Zayed Al Nahyan, who recently visited India, has once again made headlines. His family is the most wealthy on the planet. People are astonished to learn their net worth. Nahyan’s family ranked top on Bloomberg’s list of the World’s Richest Families in 2023. Sheikh Mohammed is the 17th Emir or ruler of Abu Dhabi.
Presidential Palace worth 4,000 crore rupees
According to media sources, Dubai’s Al Nahyan royal family has a presidential palace worth Rs 4,078 crore, which is about the size of three Pentagons. It also has eight private planes and a popular football club, the richest in the world.
According to GQ, the family resides in the opulent Qasr Al-Watan presidential palace in Abu Dhabi, the largest of numerous such palaces in the UAE. The huge palace, spanning around 94 acres, features a chandelier made of 350,000 crystals as well as rare historical treasures.
The family is led by the President of the United Arab Emirates, Sheikh Mohammed bin Zayed Al Nahyan, popularly known as MBZ. He has 18 brothers and 11 sisters. The Emirati royal family comprises nine children and eighteen grandchildren.
Collection of more than 700 automobiles
Sheikh Hamad bin Hamdan Al Nahyan, the Abu Dhabi ruler’s younger brother, owns over 700 cars, including the world’s largest SUV, five Bugatti Veyron, a Lamborghini Reventon, a Mercedes-Benz CLK GTR, a Ferrari 599XX, and a McLaren MC12.
Shares of several large companies
The family owns approximately 6% of the world’s oil reserves, Manchester City Football Club, and stock in other well-known companies. He owns investments in everything from singer Rihanna’s beauty firm Fenty to Elon Musk’s SpaceX. Tahnoun bin Zayed Al Nahyan, the president’s brother, is the CEO of the family’s major investment company, which has grown in value by almost 28,000 per cent over the last five years.
Received the title of ‘Landlord of Dubai’
The corporation is now valued at $235 billion. Aside from the UAE, the royal family of Dubai owns luxurious residences all over the world, including Paris and London. Sheikh Mohammed bin Zayed Al Nahyan is one of the wealthiest landowners in London. Many buildings in London were purchased under the name of Sheikh.
Wealth equals that of the British royal family
According to a New Yorker story from 2015, the Dubai royal family was as wealthy as the British royal family. In 2008, MBZ’s Abu Dhabi United Group paid Rs 2,122 crore for Manchester City, a football club in the United Kingdom. The corporation also owns 81% of City Football Group, which operates Manchester City, Mumbai City, Melbourne City, and New York City football teams.
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