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Every little thing World’s Richest Household Owns

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700 Cars, Rs 4,000 Crore Palace, 8 Jets: Everything World's Richest Family Owns

UAE president Sheikh Mohamed bin Zayed Al Nahyan, often known as MBZ, heads the household

The Al Nahyan royal household of Dubai which owns a Rs 4,078 crore presidential palace (the dimensions of three Pentagons), eight personal jets and a preferred soccer membership is the richest on the planet, a report by GQ stated.

UAE president Sheikh Mohamed bin Zayed Al Nahyan, additionally recognized by his initials MBZ, heads the household and has 18 brothers and 11 sisters. The Emirati royal additionally has 9 youngsters and 18 grandchildren.

The household personal about six per cent of the world’s oil reserves, the Manchester Metropolis soccer membership and holds stakes in a number of well-known firms — from singer Rihanna’s magnificence model Fenty to Elon Musk’s Area X.

The president’s youthful brother Sheikh Hamad bin Hamdan al Nahyan has a set of over 700 automobiles together with the world’s largest SUV together with 5 Bugatti Veyrons, a Lamborghini Reventon, a Mercedes-Benz CLK GTR, a Ferrari 599XX and a McLaren MC12.

The household lives within the gilded Qasr Al-Watan presidential palace in Abu Dhabi, the largest out of the a number of such palaces it owns in UAE. Unfold throughout practically 94 acres, the large-domed palace has a chandelier manufactured from 350,000 crystals and homes prized historic artefacts.

Tahnoun bin Zayed Al Nahyan, the president’s brother, heads the household’s chief funding firm whose worth has shot by nearly 28,000 per cent within the final 5 years. The corporate, presently valued at $235 billion, owns agriculture, power, leisure and maritime companies and employs tens of hundreds of individuals.

Other than UAE, the Dubai royals additionally personal luxurious properties throughout the globe together with in Paris and London. The household’s former head was nicknamed the “landlord of London” for the huge array of properties owned by him in UK’s most posh neighbourhoods.

Based on a report by the New Yorker in 2015, the Dubai royal household had property corresponding to the British royal household.

In 2008, MBZ’s Abu Dhabi United Group purchased the UK soccer workforce Manchester Metropolis for Rs 2,122 crore. The corporate additionally owns 81 per cent of the Metropolis Soccer Group that additionally operates Manchester Metropolis, Mumbai Metropolis, Melbourne Metropolis and New York Metropolis soccer golf equipment.



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