The wealth of Dubai’s Al Nahyan Royal Family will surprise you.
This family has a grand palace worth Rs 4,078 crore. He also has 8 private jets and a famous football club. In the report of GQ, it has been described as the richest family in the world.
The President of the United Arab Emirates (UAE) is Sheikh Mohammed bin Zayed Al Nahyan, also known as MBZ.
Nahayan has 18 brothers and 11 sisters. The Emirati royal also has nine children and 18 grandchildren. This family owns about 6 percent of the world’s oil reserves.
Apart from this, there are stakes in Manchester City Football Club and many big companies, including singer Rihanna’s beauty brand Fenty to Elon Musk’s Space X.
The President’s younger brother Sheikh Hamad bin Hamdan Al Nahyan has a collection of more than 700 cars. These include the world’s largest SUV along with 5 Bugatti Veyron, Lamborghini Reventon, Mercedes-Benz CLK GTR, Ferrari 599XX and McLaren MC12.
People of this family live in the gold-built Qasr Al-Watan Presidential Palace in Abu Dhabi. It is the largest of the many such palaces present in the UAE.
This palace is spread over about 94 acres. The large domed palace houses a magnificent chandelier made of 350,000 crystals and houses priceless historical artefacts.
Luxury properties even in expensive cities like Paris and London
The president’s brother Tahnoun bin Zayed Al Nahyan heads the family’s main investment company, whose value has increased by nearly 28,000 percent in the past five years.
The current value of this company is 235 billion dollars which employs thousands of people. This royal family of Dubai has properties not only in the United Arab Emirates, but they also have luxury properties in expensive cities like Paris and London.
The former head of this family was named ‘London Landlord’ by the people. The nickname came from the vast properties he owned in some of Britain’s most posh areas.