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700 Cars, ₹4,000 Crore Palace, 8 Jets: THIS World’s Richest Family Owns It All

The company's significant growth has led to increased employment opportunities, benefitting tens of thousands of people.

Edited By : Saurav Gupta | Updated: Jan 19, 2024 11:39 IST
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700 Cars, ₹4,000 Crore Palace, and 8 Jets: THIS World’s Richest Family Owns It All
700 Cars, ₹4,000 Crore Palace, and 8 Jets: THIS World’s Richest Family Owns It All

From Lavish Palaces to a Vast Car Collection, Discovering the Wealth of the World’s Richest Family

The Al Nahyan royal family of Dubai, headed by UAE president Sheikh Mohamed bin Zayed Al Nahyan (MBZ), has garnered global attention for its unparalleled opulence. With a net worth surpassing ₹4,000 crore, the family’s assets range from a sprawling presidential palace to an impressive car collection and extensive global investments.

  1. Presidential Palace Extravaganza:

The family’s crown jewel is the ₹4,078 crore Qasr Al-Watan presidential palace in Abu Dhabi, sprawling across nearly 94 acres.

The palace features a chandelier adorned with 350,000 crystals and houses priceless historic artefacts.

  1. World’s Richest Family –  Jet-Setting Lifestyle:

The Al Nahyan family owns eight private jets, facilitating their global travel in utmost luxury and style.

  1. Magnificent Car Collection:

Sheikh Hamad bin Hamdan al Nahyan, the president’s younger brother, boasts a collection of over 700 cars, including the world’s largest SUV.

The collection includes five Bugatti Veyrons, a Lamborghini Reventon, a Mercedes-Benz CLK GTR, a Ferrari 599XX, and a McLaren MC12.

  1. World’s Richest Family – Expansive Global Investments:

The family owns approximately six per cent of the world’s oil reserves, contributing significantly to their vast wealth.

Their investment company, led by Tahnoun bin Zayed Al Nahyan, has seen a staggering 28,000 per cent increase in value over the last five years, now valued at $235 billion.

The company holds stakes in renowned brands like Rihanna’s beauty brand Fenty and Elon Musk’s Space X.

  1. Football Empire:

In 2008, MBZ’s Abu Dhabi United Group acquired the UK football team Manchester City for ₹2,122 crore.

The family’s City Football Group owns 81 per cent of Manchester City and controls football clubs globally, including Mumbai City, Melbourne City, and New York City.

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  1. World’s Richest Family – Global Real Estate Holdings:

Apart from their luxurious properties in the UAE, the Al Nahyan family owns opulent residences in prestigious locations like Paris and London.

The family’s former head earned the moniker “landlord of London” due to extensive property holdings in the UK’s poshest neighborhoods.

  1. Comparable Wealth to British Royalty:

As reported in 2015, the Al Nahyan family’s wealth was deemed comparable to that of the British royal family, underlining their global financial influence.

  1. World’s Richest Family – Diverse Business Empire:

The family’s chief investment company operates across diverse sectors, including agriculture, energy, entertainment, and maritime businesses.

The company’s significant growth has led to increased employment opportunities, benefitting tens of thousands of people.

In the lap of luxury, the Al Nahyan royal family continues to be a symbol of unparalleled wealth and influence on the global stage. Their extravagant lifestyle and diverse investments underscore their prominence as the world’s richest family.

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First published on: Jan 19, 2024 11:39 AM IST

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