Sheikh Mohammed bin Rashid al Maktoum Net Worth
| Net Worth: | $14 Billion |
|---|---|
| Date of Birth: | Jul 15, 1949 (72 years old) |
| Gender: | Male |
| Profession: | Politician |
| Nationality: | United Arab Emirates |
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How much money does the president of Dubai have?
In addition to controlling 97.8 billion barrels of reserves; he runs one of the largest sovereign wealth funds, with reported assets of $830 billion.
How rich is the leader of Dubai?
Wealth and assets In 2021, the Organized Crime and Corruption Reporting Project estimated that Sheikh Mohammed owned assets worth $14 billion.
How many billionaires are there in Dubai?
The number of billionaires in Dubai increased by two to 12 in 2021, while the city’s population of centimillionaires grew to 165 from 152 in December 2020. The number of multimillionaires increased to 2,480 in June from 2,430 in December 2020, the study found.
Who is Dubai’s wife?
A High Court judge said Sheikh Mohammed bin Rashid Al Maktoum must pay 251.5 million pounds to his U.K.-based sixth wife, Princess Haya Bint Al Hussein, and make ongoing payments for their children Jalila, 14, and Zayed, 9, underpinned by a bank guarantee of 290 million pounds.
Who is the richest king in history?
With a fortune of around $400bn in today’s money, Mansa Musa I of Mali, the first king of Timbuktu, may not be a household name, but was by most estimates one of the richest people in history.
Who is the richest family in the world?
At $215 billion, the Waltons are the richest family in the world thanks to their massive stake in Walmart, the world’s largest company by revenue. The fourth generation of the Mars family, the second-richest clan after the Waltons, currently runs the eponymously named Mars candy company.
Who is the poorest royal family?
The poorest royal family The king of Norway is one of the poorest monarchs on Earth, and this royal family lives the most modest life compared to the other royal families in Europe. The members of this family dress in a very simple way, even at formal events, which distinguishes them from other noble people.
Is Saudi royal family rich?
As of 2020, the combined net worth of the entire royal family has been estimated at around $100 billion, which makes them the richest royal family among all monarchs, as well as one of the wealthiest families in the world.
Sheikh Mohammed bin Rashid al Maktoum Net Worth
The net wealth of Sheikh Mohammed bin Rashid al Maktoum has not been disclosed.
| Net Worth: | $14 Billion |
|---|---|
| Age: | 71 |
| Born: | July 15, 1949 |
| Country of Origin: | United Arab Emirates |
| Source of Wealth: | Politican and Businessman |
| Last Updated: | 2021 |
United Arab Emirates Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum is also the country’s Vice President and Prime Minister. The ruler of the Emirate of Dubai is Sheikh Mohammed bin Rashid Al Maktoum. Following the death of his brother, he has worked to restructure the administration of the United Arab Emirates. In addition to Emirates Airline, DP World, and the Jumeirah Group, he is also in charge of a number of other large corporations. Sheikh Mohammed bin Rashid Al Maktoum’s net worth is expected to be around $14 billion by 2022, according to estimates.
Early Life
Sheikh Mohammed bin Rashid Al Maktoum was born on the 15th of July in the city of Dubai, on the 15th of July in the year 1949. Al Maktoum is married to six women and has 30 children. Sheikha Latifa bint Hamdan Al Nauhyan was the name of his mother. Since he was four years old, he has had individual tutoring in Arabic and Islamic Studies, among other subjects. Al Ahmedia School, where he began his official education in 1955, was his first stop. He started attending Al Shaab school when he was ten years old.
Career
In 2006, upon the death of his brother, Al Maktoum ascended to the position of Ruler of Dubai. The next day, he was appointed as the new Vice President of the United Arab Emirates (UAE), effective immediately. In addition to his political career, he is responsible for the expansion of a number of economic assets in the United Arab Emirates. Both Dubai World and Dubai Holding are responsible for the operation of these enterprises. In 2006, Dubai World became a holding company for a variety of businesses.
It has subsequently grown and now has assets in countries throughout the world, including the United States, the United Kingdom, and South Africa.
The airline is regarded as one of the world’s safest and most reliable airlines in the industry.
Dubai Holding manages the property, which was built by Sheikh Mohammed’s hotel management firm, Jumeirah, which was founded in 1997.
Mohammed Bin Rashid Global Initiatives is a nonprofit foundation he founded that brings together 33 other charitable foundations and companies under a single umbrella. Sheikh Mohammed bin Rashid al Maktoum’s net worth is expected to be around $14 billion by 2022, according to estimates.
How Does Sheikh Mohammed bin Rashid al Maktoum Spend His Money?
Sheikh Mohammed bin Rashid al Maktoum spends his riches on trips, charitable endeavors, and extravagant activities such as elaborate wedding receptions.
Sheikh Mohammed bin Rashid al Maktoum Marriages
In his personal life, he like to go all-out and be extravagant. With a budget of $100 million, his wedding in 1979 set a Guinness World Record for “Most Expensive Wedding,” culminating in a ceremony attended by 20,000 people in a stadium constructed particularly for the occasion.
Sheikh Mohammed bin Rashid al Maktoum’s Vessel
Al Maktoum owns a 531-foot, $350 million yacht named Dubai, which has seven decks and adequate luxurious rooms for 24 guests and 80 staff members. Dubai is owned by the United Arab Emirates.
Sheikh Mohammed bin Rashid al Maktoum’s Charity Work
Al Maktoum has been engaged on the humanitarian front, donating $5 million to the World Trade Center Victims Appeal as part of the organization’s efforts. In 2007, he made one of the greatest philanthropic gifts in history, donating $100 million to establish the Mohammed bin Rashid Al Maktoum Foundation, which remains one of the most successful charity organizations in the world.
Highlights
Here are some of the most memorable moments in Sheikh Mohammed bin Rashid al Maktoum’s professional life:
- Vice President and Prime Minister of the United Arab Emirates
- Founder of the Godolphin horse racing organization, which is controlled by the Maktoum family.
Favorite Quotes from Sheikh Mohammed bin Rashid al Maktoum
Each day in Africa, a gazelle awakens with the knowledge that he must outrun the quickest lion in order to survive. A lion stirs and stretches at the same moment, knowing that he must outrun the quickest gazelle or he would starve. The human race is no exception to this rule. No matter if you think yourself a gazelle or a lion, in order to live, you must just run faster than others.” Mohammed bin Rashid Al Maktoum is the ruler of Dubai. ‘I’d like Dubai to be a location where people from all over the globe come together and don’t worry about fighting or hating each other; they simply love it and enjoy their sport,’ says the architect.
- “I believe that life is a lovely thing.
- You have a day, a night, a month, and a year at your disposal.
- “It is up to you how you live your life.” Mohammed bin Rashid Al Maktoum is the ruler of Dubai.
- We have no choice but to close this gap as soon as possible since our generation is characterized by knowledge.” Mohammed bin Rashid Al Maktoum is the ruler of Dubai.
- We shall be there for one another when we are in need of assistance.” Mohammed bin Rashid Al Maktoum is the ruler of Dubai.
3 Lessons from Sheikh Mohammed bin Rashid al Maktoum
Now that you’ve learned everything there is to know about Sheikh Mohammed bin Rashid al Maktoum’s net worth and how he gained success, let’s look at some of the lessons we can take away from him:
1. Take the Opportunities
Opportunities are created, rather than simply sitting around waiting for someone to take advantage of them.
2. Challenges Is Key
Men are not made, and nations are not built, by living a comfortable existence. Challenges shape men, and it is these guys who are responsible for the development of nations.
3. Life is Beautiful
The notion of life holds that life is a thing of beauty. Nothing has changed in my life. You have a day, a night, a month, and a year at your disposal. We, as individuals, may change — we can be sad or pleased at any time. It is up to you to decide how you will live your life.
Summary
Sheikh Mohammed bin Rashid al Maktoum is a businessman and politician from the United Arab Emirates. He is the Vice President of the United Arab Emirates and the Prime Minister of the country. Sheikh Mohammed is the majority shareholder of Dubai Holding, owning 99.67 percent of the company. He is the mastermind behind the development of palm islands in the Persian Gulf. Sheikh Mohammed bin Rashid al Maktoum’s net worth is estimated to be around $14 billion as of 2022.
What do you think about Sheikh Mohammed bin Rashid al Maktoum’s net worth? Leave a comment below.
A businessman and politician from the United Arab Emirates, Sheikh Mohammed bin Rashid al Maktoum is known as Sheikh Mohammad. He is the Vice President of the United Arab Emirates and the Prime Minister of that country. In Dubai Holding, Sheikh Mohammed owns 99.67 percent of the stock. Palm islands dotting the Persian Gulf are credited to him. Heik Mohammed bin Rashid al Maktoum’s net worth is expected to reach around $14 billion by the year 2022.
Early Life and Family
Sheikh Mohammed bin Rashid al Maktoum was born on July 15, 1949, in Dubai, and is the ruler of the United Arab Emirates. Even though he was born during a time when the United Arab Emirates had not yet been established, He is a member of the Al Maktoum dynasty, who are also descended from the House of Al-Falasi and are the rulers of the Emirate of Dubai. His maternal grandfather was a previous ruler of the United Arab Emirates. Sheikh Mohammed bin Rashid Al Maktoum is the third son of Sheikh Rashid bin Saeed Al Maktoum and Sheikha Latifa bint Hamdan Al Nahyan (out of a total of four sons).
Sheikh Mohammed was born in Dubai and raised there until 1966.
Political Career
Sheikh Mohammed bin Rashid al Maktoum was born on July 15, 1949, in Dubai, UAE. He is the ruler of Dubai and the United Arab Emirates. The United Arab Emirates had not yet been established at the time of his birth. He is a member of the Al Maktoum dynasty, who are also descended from the House of Al-Falasi and are the rulers of the United Arab Emirates. Former king of Abu Dhabi, his maternal grandfather, is a prominent figure in the family. A total of four boys have been born to Sheikh Rashid bin Saeed Al Maktoum and his wife, Sheikha Latifa bint Hamdan Al Nahyan.
Until 1966, Sheikh Mohammed had his education in Dubai, at which point he and his cousin relocated to London, where they attended the Bell Educational Trust’s English Language School.
In Aldershot, he attended the Mons Officer Cadet School, where he studied and underwent military training (now a part of Sandhurst).
Business Career
Sheikh Mohammed bin Rashid al Maktoum was born on July 15, 1949, in Dubai, UAE. He is the ruler of Dubai. The United Arab Emirates had not yet been constituted when he was born. He is a member of the Al Maktoum dynasty, who are also descended from the House of Al-Falasi and are the rulers of Dubai. His maternal grandfather was the previous ruler of the United Arab Emirates. Her Highness Sheikh Mohammed bin Rashid Al Maktoum is the third son of Sheikh Rashid bin Saeed Al Maktoum and Sheikha Latifa bint Hamdan Al Nahyan (out of a total of four sons).
After that, he attended the Mons Officer Cadet School at Aldershot, where he studied and got military training (now a part of Sandhurst).
Philanthropic Work and Other Activities
Sheikh Mohammed bin Rashid al Maktoum was born on July 15, 1949, in Dubai, UAE. At the time of his birth, the United Arab Emirates had not yet been established. He is a member of the Al Maktoum family, the rulers of Dubai, who are also descended from the House of Al-Falasi. His maternal grandfather was the former king of Abu Dhabi. Sheikh Mohammed bin Rashid Al Maktoum is the third son of Sheikh Rashid bin Saeed Al Maktoum (out of a total of four sons) and Sheikha Latifa bint Hamdan Al Nahyan.
He subsequently went on to study and get military training at the Mons Officer Cadet School in Aldershot (now a part of Sandhurst).
Personal Life
Sheikh Mohammed is a person who enjoys going all out in his private life. He has been the father of 19 children. A month-long celebration in Dubai culminated in a wedding for 20,000 guests in a stadium built specifically for the occasion, setting a Guinness World Record for “Most Expensive Wedding.” His 1979 wedding to his first wife still holds the title of “Most Expensive Wedding,” with a budget of $100 million (in today’s dollars). His second official wife was Jordanian Princess Haya bint Hussein; they were married in 2004 and divorced in 2019).
Princess Haya and her two children left Dubai in June of this year, after which she applied for protection and sold custody of the children in a Dubai court of law.
Sheikh Mohammed is the owner of the schooner Dubai, which is 531 feet long and has seven decks.
Hamdan bin Mohammed bin Rashid Al Maktoum Net Worth
Hamdan bin Mohammed bin Rashid Al Maktoum’s net worth is estimated to be $1 billion. Hamdan bin Mohammed bin Rashid is the Crown Prince of Dubai in the United Arab Emirates, and he has a net worth of $400 million, according to Forbes. He was born in the United Arab Emirates in November 1982, at Zabeel Palace in Dubai. His father is Sheikh Hamdan bin Mohammed bin Rashid. He writes poetry and publishes it under the pen name Fazza. On February 1, 2008, the Crown Prince of Dubai, Hamdan bin Mohammed bin Rashid, was formally installed in the position.
He went to the London School of Economics to further his education while in the United Kingdom.
Hamdan bin Mohammed bin Rashid was named president of Hamdan bin Mohammed Smart University in 2009, and he also serves as the director of the Sheik Mohammed bin Rashid Establishment, which supports young businesspeople.
His other passion is horse riding, and he has represented the United Arab Emirates in equestrian competitions in the World Equestrian Games, where he has won gold medals in both the team endurance and individual endurance competitions in 2010 and 2014.
Sheikh Mohammed bin Rashid al Maktoum Net Worth
- Haya bint Al Hussein and Hind bint Maktoum bin Juma Al Maktoum are married
- They have two children.
Full Name:
- Prime Minister, Vice President, and Constitutional Monarch are all titles held by the same person.
Education:
- Mons Officer Cadet Training School, Al Shaab School, Dubai Secondary School, and Bell Educational Trust’s English Language School are among the institutions at which students can learn English.
Children:
According to Forbes, Sheikh Mohammed bin Rashid al Maktoum has an estimated net worth of $18 billion as of 2008. He is the Prime Minister of the United Arab Emirates (UAE), as well as the Vice President of the country, and the constitutional ruler of Dubai. The role was created when he replaced his elder brother Maktoum bin Rashid Al Maktoum, who had held the office since January 2006. Born on July 22, 1949, in Dubai, United Arab Emirates, he is the third of Rashid bin Saeed Al Maktoum’s four sons.
- Since he was four years old, he has received private instruction in Arabic and Islamic subjects.
- He began attending Al Shaab School when he was 10 years old.
- In 1966, he went to the Bell Educational Trust’s English Language School in the United Kingdom, where he completed his education.
- He is a significant presence in the world of horse racing, and he also owns a 3,800-acre farm in the Kentucky state of Kentucky.
- A chunk of MGM Mirage was purchased for $5 billion by Dubai’s sovereign wealth fund, which also spent another $825 million to acquire the shop Barneys New York in its entirety.
EarningsFinancial Data
The following financial data has been gathered and compiled by TheRichest analysts team to give you a better understanding of Sheikh Mohammed bin Rashid al Maktoum Net Worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. Sheikh Mohammed bin Rashid al Maktoum Net Worth has been calculated based on the information provided to us by the official sources. Amount spent on the acquisition of Maktoum’s Turnberry golf course, despite the fact that he does not really play golf; £55 million ($92 million) in 2013.
Maktoum’s Longcross Estate in England is valued at $30,000,000, according to the most recent estimates.
$100,000 Asset 2013He invested $3 million to acquire Maktoum’s Inverinate Estate in the Scottish Highlands near the Kyle of Lochalsh, which is now valued at $50 million$50,000,000.
2013, the estimated cumulative worth of Maktoum’s Maybach, Ferrari, Rolls Royce, Lamborghini, and Mercedes collection is $100,000,000, according to Asset 2013.
Maktoum’s magnificent Monaco Penthouse is worth $308,000,000, according to Asset 2010. His Woodlands Stud enterprise was worth $460,000,000 in 2008, according to his assets.
Sheikh MOHAMMED BIN RASHID AL MAKTOUM • Net Worth $5 billion • Palace • Yacht • Private Jet
He is the Ruler of the Emirate of Dubai. In Vice President and Prime Minister of the United Arab Emirates, he serves as a dual role (UAE). He was born in the year 1949. In 2006, he was appointed Ruler of Dubai. He has three wives and a total of 23 children. Sheikh Mohammed bin Rashid Al Maktoum is the third of Sheikh Rashid bin Saeed Al Maktoum’s three sons. He is descended from the House of Al-Falasi, whose tribe chief is Sheikh Mohammed, and he is a descendent of that house.
Sheikh Rashid
Among those responsible for the change of Dubai was Sheikh Rashid bin Saeed Al Maktoum, who died in 2013. From a modest cluster of communities around the Dubai Creek to a sophisticated port metropolis and economic centre, Dubai has grown tremendously in recent years. He attempted to improve the economic situation in Dubai. In order for it to be able to endure once oil production is no longer possible. In Dubai, Sheikh Mohammed is credited with the establishment and expansion of a number of enterprises and economic assets.
He was in charge of the first launch of Emirates Airlines.
Horse breeding and Racing
Maktoum is the founder of the Godolphin Racing stable, which is owned by the Maktoum family. In addition, he is the owner of Darley, a thoroughbred breeding enterprise with activities in six different nations.
Sheikh Mohammed Bin Rashid al Maktoum Net Worth
Sheikh Maktoum founded the Godolphin Racing stable, which is now a family-owned business. In addition, he is the owner of Darley, a thoroughbred breeding enterprise that operates in six nations.
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Sheikh Mohammed bin rashid al maktoum net worth 2022, Wife, age, Children, Ex-wife, House , Instagram
Listed here is information about Sheikh Mohammed bin Rashid al Maktoum’s net worth in 2022 as well as his wife, age, children, ex-wife, home, and Instagram account. Sheikh Mohammed bin Rashid al Maktoum’s net worth is estimated to be $14 billion dollars.
| Name | Mohammed bin Rashid Al Maktoum |
| Net Worth: | $14 Billion |
| Date of Birth: | Jul 15, 1949 (72 years old) |
| Gender: | Male |
| Profession: | Politician |
| Wives | 1.Randa bint Mohammed Al Banna (m. 1972, divorced) 2.Hind bint Maktoum Al Maktoum (m. 1979) 3.Haya bint Hussein (m. 2004; div. 2019) 4.Delila Aloula (divorced) 5.Houria Ahmed Lamara (divorced) 6.Zoe Grigorakos (divorced) |
| Children | 16 |
| Nationality: | United Arab Emirates |
Counted among the wealthiest people in the world, Sheikh Mohammed bin Rashid al Maktoum is an Emirati politician and businessman with a net worth of $14 billion. He is the Vice President and Prime Minister of the United Arab Emirates, as well as the ruler of the Emirate of Dubai. He was born in the United Arab Emirates and grew up in Dubai. Mr. Sheikh Mohammed is the owner of 99.67 percent of Dubai Holding and the man who is responsible for the creation of those really amazing man-made palm islands off the coast of the Persian Gulf.
Early Life and Family
Sheikh Mohammed bin Rashid al Maktoum was born on July 15, 1949, in Dubai, and is the ruler of the United Arab Emirates. Even though he was born during a time when the United Arab Emirates had not yet been established, He is a member of the Al Maktoum dynasty, who are also descended from the House of Al-Falasi and are the rulers of the Emirate of Dubai. His maternal grandfather was a previous ruler of the United Arab Emirates. Sheikh Mohammed bin Rashid Al Maktoum is the third son of Sheikh Rashid bin Saeed Al Maktoum and Sheikha Latifa bint Hamdan Al Nahyan (out of a total of four sons).
Sheikh Mohammed was born in Dubai and raised there until 1966. After that, he went to the Mons Officer Cadet School at Aldershot, where he studied and got military training (now a part of Sandhurst).
Political Career
His father, who was the ruler of Dubai at the time of Sheikh Mohammed’s homecoming, appointed him as the chief of police and deputy commander of the Dubai Defence Force upon his return (which is now part of the Union Defence Force). When Sheikh Rashid of Dubai and Sheikh Zayed of Abu Dhabi met for the first time in January 1968 to agree on the construction of a federation between the two emirates, Sheikh Mohammed was there to see history being made. Following this, the new nation of the United Arab Emirates was established on December 2, 1971, and Sheikh Mohammed was appointed as the country’s first Minister of Defense in 1972.
He received the title from his older brother, Sheikh Maktoum bin Rashid Al Maktoum, who served as Dubai’s ruler at the time.
The Federal National Council of the United Arab Emirates, the nation’s governing body, appointed him as the country’s new Vice President the next day.
Sheikh Mohammed bin Rashid al Maktoum is the ruler of Dubai.
Business Career
Sheikh Mohammed is a successful businessman who, in addition to his political career, has been responsible for the development and expansion of various economic assets in Dubai, including the Dubai World Trade Centre. His two holding companies, Dubai World and Dubai Holding, own the majority of the businesses and assets under question. Dubai World was established as a holding company in July 2006 and began operations in August of same year. It merged assets such as the transportation business DP World and the property developer Nakheel Properties into a single entity.
- Dubai Holding is the Sheikh’s other firm, and it is divided into four main operating units: the Jumeirah Group, TECOM Investments, Dubai Properties Group, and Emirates International Telecommunications.
- In addition, Sheikh Mohammed has demonstrated his commercial ability in the fields of tourism and airlines, among other things.
- The airline is a part of The Emirates Group, which is wholly controlled by the government of the United Arab Emirates (UAE).
- In addition, Sheikh Mohammed pushed for the development of the low-cost airline FlyDubai, which is also controlled by the government of the United Arab Emirates.
- Dubai Holding manages the property, which was built by Sheikh Mohammed’s hotel management firm, Jumeirah, which was founded in 1997.
- The Burj Khalifa, which is the world’s tallest structure and opened to the public in January 2010, is another project he is responsible for.
The Dubai Mall, which is the world’s largest retail mall by total area and is located in the same development as the Burj Khalifa, is also part of the same development as the Burj Khalifa.
Philanthropic Work and Other Activities
Sheikh Mohammed Bin Rashid Global Initiatives is a charity foundation created by the Sheikh that brings together 33 other charitable foundations and organisations under one roof for the benefit of humanity. Also in 2005, he helped to create the Mohammed bin Rashid School of Government (formerly known as the Dubai School of Government), which continues to this day.
Personal Life
Sheikh Mohammed is a person who enjoys going all out in his private life. He has been the father of 19 children. A month-long celebration in Dubai culminated in a wedding for 20,000 guests in a stadium built specifically for the occasion, setting a Guinness World Record for “Most Expensive Wedding.” His 1979 wedding to his first wife still holds the title of “Most Expensive Wedding,” with a budget of $100 million (in today’s dollars). His second official wife was Jordanian Princess Haya bint Hussein; they were married in 2004 and divorced in 2019).
Princess Haya and her two children left Dubai in June of this year, after which she applied for protection and sold custody of the children in a Dubai court of law.
SHEIKH MOHAMMED’S NET WORTH REVEALED AMID £550M DIVORCE SETTLEMENT
The High Court of Justice in London has ordered Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum to pay £550 million to his ex-wife Princess Hayain as part of a divorce settlement. The astronomical sum is believed to be the greatest judgement of its sort ever made by an English court of law. Despite the fact that Sheikh Mohammed is making news for the divorce settlement, we decided to have a peek at his personal wealth.
£550M DIVORCE SETTLEMENT EXPLAINED
According to Sky News, Princess Haya, 47, and her two children fled the United Arab Emirates for England in 2019 after saying she was “terrified” of her husband, Sheikh Mohammed bin Rashid al-Maktoum. Sheikh Mohammed bin Rashid al-Maktoum is the ruler of Dubai. Sheikh Mohammed, the ruler of Dubai, has been ordered by a Dubai court to pay his former wife a divorce settlement in the amount of around £550 million. Among other things, Princess Haya’s ex-husband must compensate her for property she has lost as a result of the divorce, make a one-time payment of £251.5 million for the upkeep of her homes in the United Kingdom, contribute £3 million to the education of their children, and pay £9.6 million in back taxes.
“She is not requesting a monetary reward for herself other than to serve as security,” Judge Moor ruled.
SHEIKH MOHAMMED’S NET WORTH REVEALED
He has a net worth of $14 billion, according to Celebrity Net Worth. Sheikh Mohammed is 72 years old. The vast majority of the wealth accumulated by the ruler of Dubai comes from his endeavors as a politician and businessman. Sheikh Mohammed, who holds the positions of vice president and prime minister of the United Arab Emirates, as well as ruler of the Emirate of Dubai, is the reputed owner of 99.67 percent of Dubai Holding. Similarly, the billionaire is responsible for the tremendous increase in the value of Dubai’s economic assets.
According to Biography.com, the 72-year-old has invested in the building of the Palm Islands, the Burj al-Arab hotel, and the Burj Khalifa tower, transforming Dubai into a world-class luxury tourist destination for international travelers.
HOW LONG WERE THE COUPLE MARRIED?
Before Princess Haya departed in 2019, according to The Sun, Sheikh Mohammed bin Rashid al-Maktoum and Princess Haya had been married for 16 years. Princess Haya is the billionaire’s sixth wife, and the couple has two children: Al Jalila, 14, and Zayed, nine. Princess Haya is the billionaire’s sixth wife, and they have two children: Al Jalila and Zayed. According to Biography.com, Sheikh Mohammed is the father of a total of 16 children. The net wealth of Sheikh Mohammed bin Rashid al Maktoum has not been disclosed.
Who is Sheikh Mohammed bin Rashid al Maktoum?
Sheikh Mohammed bin Rashid al Maktoum was born on July 15, 1949, in Dubai, UAE.
At the time of his birth, the United Arab Emirates had not yet been established as a separate country.
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Sheikh Mohammed’s net worth revealed amid £550m divorce settlement
According to Sky News, Dubai ruler Sheikh Mohammed bin Rashid al-Maktoum has been ordered by the High Court to pay £550 million to his ex-wife Princess Hayain as part of their divorce settlement. The astronomical sum is believed to be the biggest award of its sort ever made by an English court of law. Despite the fact that Sheikh Mohammed is making news for the divorce settlement, we decided to have a peek at his personal wealth.
- Learn how to acquire a free Mariah Carey shirt from McDonald’s.
Photograph courtesy of Chris Jackson/Getty Images
£550m divorce settlement explained
According to Sky News, Princess Haya, 47, and her two children fled the United Arab Emirates for England in 2019 after saying she was “terrified” of her husband, Sheikh Mohammed bin Rashid al-Maktoum. Sheikh Mohammed bin Rashid al-Maktoum is the ruler of Dubai. Sheikh Mohammed, the ruler of Dubai, has been ordered by a Dubai court to pay his former wife a divorce settlement in the amount of around £550 million. Among other things, Princess Haya’s ex-husband must compensate her for property she has lost as a result of the divorce, make a one-time payment of £251.5 million for the upkeep of her homes in the United Kingdom, contribute £3 million to the education of their children, and pay £9.6 million in back taxes.
“She is not requesting a monetary reward for herself other than to serve as security,” Judge Moor ruled.
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Francois Nel/Getty Images contributed to this image.
Sheikh Mohammed’s net worth revealed
He has a net worth of $14 billion, according to Celebrity Net Worth. Sheikh Mohammed is 72 years old. The vast majority of the wealth accumulated by the ruler of Dubai comes from his endeavors as a politician and businessman. Sheikh Mohammed, who holds the positions of vice president and prime minister of the United Arab Emirates, as well as ruler of the Emirate of Dubai, is the reputed owner of 99.67 percent of Dubai Holding. Similarly, the billionaire is responsible for the tremendous increase in the value of Dubai’s economic assets.
According to Biography.com, the 72-year-old has invested in the building of the Palm Islands, the Burj al-Arab hotel, and the Burj Khalifa tower, transforming Dubai into a world-class luxury tourist destination for international travelers.
How long were the couple married?
Before Princess Haya departed in 2019, according to The Sun, Sheikh Mohammed bin Rashid al-Maktoum and Princess Haya had been married for 16 years. Princess Haya is the billionaire’s sixth wife, and the couple has two children: Al Jalila, 14, and Zayed, nine. Princess Haya is the billionaire’s sixth wife, and they have two children: Al Jalila and Zayed. According to Biography.com, Sheikh Mohammed is the father of a total of 16 children.
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List of royalty by net worth – Wikipedia
According to Wikipedia, the free encyclopedia. Navigate to the next page Jump to the search results A list of the wealthiest royals, as determined by the CEOWORLD magazine in 2019 and Business Insider in 2018, based on their personal net worth (excluding properties owned by the state, government, or Crown), expressed in United States dollars (excluding royal residences).
| Rank | Name | Title | Residence | Net worth | Source of wealth |
|---|---|---|---|---|---|
| 1 | Vajiralongkorn | King of Thailand | Thailand | $43 billion— $30 billion | Investments derived from theCrown Property Bureau. |
| 2 | Hassanal Bolkiah | Sultan of Brunei | Brunei | $28 billion— $20 billion | Profits from oil and gas industry. |
| 3 | Salman bin Abdulaziz Al Saud | King of Saudi Arabia | Saudi Arabia | $18 billion | Profits from oil industry. |
| 4 | Khalifa bin Zayed Al Nahyan | President of the United Arab EmiratesEmir of Abu Dhabi | United Arab Emirates | $15.0 billion | Investments from theAbu Dhabi Investment Authority. |
| 5 | Mohammed VI | King of Morocco | Morocco | $8.2 billion— $2.1 billion | Investments inSNIandSiger Holdings. |
| 6 | Hans-Adam II | Prince of Liechtenstein | Liechtenstein | $7.2 billion— $3.5 billion | Holdings in thePrince of Liechtenstein Foundation. |
| 7 | Mohammed bin Rashid Al Maktoum | Prime Minister of the United Arab EmiratesEmir Sheikh of Dubai | United Arab Emirates | $4 billion | Majority share ofDubai Holdingand investments from theAbu Dhabi Investment Authority. |
| 8 | Grand Duke Henri of Luxembourg | Grand Duke of Luxembourg | Luxembourg | $4 billion | |
| 9 | Juan Carlos I, King of Spain | King of Spain(abdicated in 2014) | Spain | $2.3 billion — $2 billion | Oil,enterprise and real estate. Current controversy over the money hidden in offshore banks and the $100 million received from Saudi Arabia. |
| 10 | Tamim bin Hamad Al Thani | Emir of Qatar | Qatar | $2.1 billion— $1.2 billion | From various enterprises. |
| 11 | Albert II | Prince of Monaco | Monaco | $1.0 billion | Various enterprises, includingSociété des bains de mer de Monacoand casinos. |
| 12 | Elizabeth II | Queen of the United Kingdomand otherCommonwealth realms(etc.) | United Kingdom | $530 million— $520 million | From property, jewelry and other assets. SeeFinances of the British royal family. |
| 13 | Charles, Prince of Wales | Prince of Wales | United Kingdom | $420 million | From property, jewelry and other assets. SeeFinances of the British royal family. |
| 14 | Queen Beatrix | Queen of the Netherlands(abdicated in 2013) | Netherlands | $200 million | Real estate, investments, and a stake inRoyal Dutch Shell. |
See also
The Emirate of Dubai’s ruler and Prime Minister of the United Arab Emirates (UAE), Sheikh Mohammed bin Rashid Al Maktoum, 72, has been going through a divorce. Sheikh Mohammed’s enormous net worth has played a role in the settlement he reached with his ex-wife, Princess Haya bint-al Hussein, who filed for divorce from him in 2019. What is the net worth of the businessman? The rest of the article is below the advertisement. Sheikh Mohammed bin Rashid al-Maktoum is the ruler of the United Arab Emirates.
Previously, his father served as the ruler of Dubai.
Date of birth: July 15, 1949 Spouse: divorced from Princess Haya, with a history of other marriages
Sheikh Mohammed’s political career
The rest of the article is below the advertisement. Image courtesy of Getty Images In 2008, Sheikh Mohammed met with German Chancellor Angela Merkel for the first time. He was there when the United Arab Emirates was founded as a young man, thanks to the influence of his father, who also served as the ruler of Dubai. When the United Arab Emirates (UAE) was established in December 1971, Sheikh Mohammed was appointed as its first minister of defense. The rest of the article is below the advertisement.
- When that brother passed away in 2006, Sheikh Mohammed stepped in to fill his shoes.
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- Sheikh Mohammed married in 1979 in a ceremony that set a Guinness World Record for the most costly wedding at the time, with a $137 million price tag.
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- They have two children together: a son and a daughter.
- Image courtesy of Getty Images Princess Haya with her lawyer Fiona Shackleton throughout the course of her divorce procedures.
- Princess Haya separated from her spouse in 2019, relocating to the United Kingdom with her children and claiming concern for her safety.
The fact that he had kidnapped two of his own girls from a previous marriage was brought up in the court as proof of the danger the princess was in from her ex-husband was presented as evidence in the case.
Sheikh Mohammed’s large divorce settlement
Sheikh Mohammed has been sentenced to pay around $733 million to his ex-wife in what is believed to be one of the highest divorce settlements ever reached in a U.K. court. He and his attorneys argued that his ex-wife was making unreasonable demands and was using her children as witnesses in her own defense. The rest of the article is below the advertisement. Forbes said that this includes a $333 million advance payment for the upkeep of houses in the United Kingdom, as well as money she claims he owes her for jewelry and racehorses, among other things.
However, the judge decided that Mohammed must pay security expenses for his two children with Haya for the rest of their lives or until another court order is obtained, which means the costs of the divorce settlement are not totally determined.
The world’s richest royal families ranked
According to BuyShares, the world’s ten wealthiest royal families own a combined total of $2.4 trillion (£1.87 trillion) in assets between them. However, the recent publication of the Pandora Papers has highlighted concerns about the manner in which some royal dynasties generate and spend their wealth. Continue reading to learn about the wealthiest royal families and their fortunes. All currency amounts are expressed in US dollars.
10. Liechtenstein’s royal family: $4.4 billion (£3.57bn)
rpe-Albert Nieboer/DPA/PA rpe-Albert Nieboer It’s one of just two European royal families included in our round-up, and Liechtenstein’s regal line occupies the tenth position with an estimated net worth of $4.4 billion (£3.57 billion). Currently, the reigning monarch, Prince Hans-Adam II (pictured), is in control of the lion’s share of the family riches.
10. Liechtenstein’s royal family: $4.4 billion (£3.57bn)
He is the most recent of a long series of kings who have ruled over the tiny Alpine principality since it was established as a sovereign state in 1806. In addition to LTG Group, the family’s private bank, which he controls through a foundation, the financier royal obtains a significant portion of his fortune from other sources. He pays no taxes.
10. Liechtenstein’s royal family: $4.4 billion (£3.57bn)
As well as running the bank, the Prince of Liechtenstein Foundation is in charge of a vast portfolio of high-value real estate, thriving businesses, and other lucrative investments, not to mention a world-class art collection that includes masterpieces by Raphael and Rembrandt, as well as Van Dyck’s The Night Watch. During the month of February 2020, Prince Hans-Adam II made news when he was found to be the wrongful owner of one of his estates that had been taken by Czechoslovakia during World War II was overturned in court.
9. Morocco’s royal family: $8.2 billion (£6bn)
Photograph courtesy of Frederic Legrand/Comeo/Shutterstock In Morocco, the ruling Alaouite dynasty, which was established in 1631 but whose origins date back to the 13th century, reigns supreme.
The core family consists of 19 individuals, all of whom are under the leadership of King Mohammed VI, who succeeded to the throne in 1999.
9. Morocco’s royal family: $8.2 billion (£6bn)
Handouts are provided as a courtesy. The Ministry of Culture and Communication of the Kingdom of Morocco Moroccan royal family’s net worth is estimated to be over $8.2 billion (£6 billion) according to most estimations, making them the ninth wealthiest royal family in the globe. The Moroccan royal family, in addition to possessing billions of dollars’ worth of assets, also boasts one of the world’s longest civil lists, which is a line of royals who are compensated by the government for their services to the state, according to a recent report.
9. Morocco’s royal family: $8.2 billion (£6bn)
Moulay Hassan (shown), the eldest of King Mohammed VI and Princess Lalla Salma’s two children, is the next in line to the throne. He is 17 years old and the eldest of the two children. They also have a 14-year-old daughter, Princess Lalla Khadija, who is the couple’s only child. In 2018, it was reported that the young crown prince had been given a private plane so that he could tour the world and that he planned to pursue a career in aviation after completing his secondary education. According to Moroccan authorities, this allegation is “false news,” and that the jet was acquired by the Royal Armed Forces for use by high officials on legitimate business trips.
8. Dubai’s royal family: $18 billion (£14.6bn)
Photograph courtesy of Maksym Poriechkin/Shutterstock In Dubai, the ruling family is known as the House of Maktoum. The royal dynasty, which dates back to 1833, is comprised of 12 major members and hundreds of extended family members. Their combined fortune has been reported to be in the region of $18 billion (£14.6 billion).
8. Dubai’s royal family: $18 billion (£14.6bn)
Photograph by Francois Nel/Staff/Getty Images Hereditary ruler of Dubai and head of the Al Maktoum family, Sheikh Mohammed bin Rashid Al Maktoum, is by far the wealthiest member of the family. The sheikh, who has been ruler since 2006 and also serves as vice president and prime minister of the United Arab Emirates, oversees the investment vehicle Dubai Holdings and is well-known for his generosity. Rashid Al Maktoum has six spouses, and it is reported that a record-breaking $100 million (£49.4 million) was spent on his wedding to his first wife, Sheikha Hind bint Maktoum, in 1979.
The crown prince of Dubai’s million-dollar camel and other luxury animals are on display at the Dubai International Airport.
8. Dubai’s royal family: $18 billion (£14.6bn)
Image courtesy of MARWAN NAAMANI/Contributor/Getty Images Besides owning magnificent residences around Europe, Rashid Al Maktoum also owns a boat that is one of the largest in the world, and his name is also connected with horse racing. The sheikh is the owner of Darley Stud, the world’s largest horse racing breeding enterprise, and has emerged as the sport’s most powerful player. Recently, with the emergence of tapes showing his daughter Princess Latifa (seen above riding) being held in solitary confinement after attempting to flee Dubai in 2018, speculation about the sheikh’s influence has been prevalent.
7. Brunei’s royal family: at least $28 billion (£22.7bn)
Brunei’s royal dynasty, the House of Bolkiah, was established in 1363 and has been in power in the Southeast Asian country on and off since that day.
This monarchy has been in power for the past 54 years and is led by Sultan Hassanal Bolkiah of Brunei.
7. Brunei’s royal family: at least $28 billion (£22.7bn)
Contributor/Getty Images Sylvia Linares/Contributor With the help of Brunei’s massive oil deposits, the family has amassed an astounding amount of wealth. According to Forbes, the sultan’s net worth was estimated to be $20 billion (£12.29 billion) in 2011. According to Asia Tatler, his net worth might be closer to $28 billion (£22.7 billion) than previously estimated. Prince Azim (shown middle left), who died tragically in October last year after a protracted illness, was another renowned member of the family.
7. Brunei’s royal family: at least $28 billion (£22.7bn)
Sultan Hassanal Bolkiah is known for his luxurious lifestyle. He resides in the Istana Nurul Iman palace, which holds the Guinness World Record for the world’s biggest residential palace with a total size of 2.2 million square feet, according to the Guinness World Records (200,000 square metres). It was constructed in 1984 at a staggering cost of $1.4 billion (£941.8 million). Also rumored to be in possession of 7,000 supercars, including 600 Rolls-Royce and 300 Ferrari, as well as multiple private planes, is the leader of the Bolkiah family.
6. Thailand’s royal family: Up to $60 billion (£48.7bn)
Photo courtesy of Rachen Sageamsak/Xinhua News Agency/PA Since 1782, the Chakri dynasty has served as Thailand’s sovereign royal family, and the family is still held in the highest regard across the country. In 2016, upon the death of his father, King Bhumibol Adulyadej, the new King Maha Vajiralongkorn officially took the throne.
6. Thailand’s royal family: Up to $60 billion (£48.7bn)
Images courtesy of Lauren DeCicca/Stringer/Getty Images The Thai royal family, which is headquartered in Bangkok, is made up of a total of 22 persons, including unofficial members and past wives. However, there are only ten members of the core family. A lèse-majesté law (which translates as “doing wrong to majesty”) protects the royal family’s wealth, and a strict anti-defamation policy has resulted in people being arrested and often jailed for seemingly innocuous acts such as posting mocking images of the King’s favorite dog on social media platforms.
6. Thailand’s royal family: Up to $60 billion (£48.7bn)
In 2018, the monarch personally signed over all of the royal family’s assets, which had previously been maintained by the country’s Crown Property Bureau for the preceding 80 years. Analysts estimate the royal family’s net worth to be between $30 billion and $60 billion (£24.4 billion to £48.7 billion). With an estimated wealth of $30 billion (£24.4 billion), King Maha Vajiralongkorn is often considered to be the wealthiest individual royal in the world. Ses assets, which are available for spending at the “King’s pleasure,” include vast expanses of expensive real estate in central Bangkok, significant holdings in a number of important Thai firms, and shares in the luxury hotel chain Kempinski.
According to reports, the portfolio earns around $3 billion (£2.1 billion) in revenue each year.
5. The British royal family: $88 billion (£69bn)
According to Forbes in 2017, the British royal family was projected to be worth a stunning $88 billion (£69 billion) dollars. This assessment takes into consideration tangible assets such as real estate, as well as the worth of the family’s reputation. According to the Sunday Times Rich List 2020, Queen Elizabeth II has the largest personal net worth, estimated at £350 million ($428.3 million), making her the richest person in the planet. Profits created by the Crown Estate, also known as the Sovereign Grant, as well as revenue from real estate holdings such as Balmoral Castle in Scotland and Sandringham House in Norfolk, England, contribute to this total.
5. The British royal family: $88 billion (£69bn)
According to the Pandora Papers, which were published in October and indicated that the Crown Estate had purchased a £67 million ($91.2 million) London property from Azerbaijani dictator Ilham Aliyev, the Crown Estate was identified. The Aliyev family, which has been widely accused of corruption and human rights violations, is believed to have traded over £400 million ($545 million) in UK real estate. The Estate stated that it will further explore the situation. Learn more about how the British royal family earns and spends their money by reading this article.
5. The British royal family: $88 billion (£69bn)
Contributor/Getty Images DOMINIC LIPINSKI/Contributor/Getty Images It took the whole world by surprise when Prince Harry and Megan Markle revealed on January 8, 2020, that they wanted to quit their roles as senior royals and become financially independent, causing a sensation throughout the world. Markle was projected to be worth $5 million (£3.9 million) as a result of her acting career, and she earned a reported $50,000 (£39,500) every episode of the television show Suits. Meanwhile, Prince Harry is estimated to be worth at least $25 million (£19.3 million), the majority of which he received from his late mother, the Duchess of Cambridge.
They also inked a podcasting deal with Spotify that is said to be worth about $25 million (£18.26 million).
Read on to learn about the royals who are active in the real world.
4. Abu Dhabi’s royal family: $150 billion (£116.6bn)
Photograph by Philip Lange/Shutterstock As a result of its descent from the same clan as Dubai’s governing Al Maktoum dynasty, Abu Dhabi’s ruling House of Nahyan has been the country’s reigning royal family since 1793. The clan has a total of 200 male members; the number of female members is unclear at this time.
4. Abu Dhabi’s royal family: $150 billion (£116.6bn)
The Al Nahyans, like the other royal houses of the Middle East, derive their income from the oil that they produce. The majority of the family’s money, which is believed to be $150 billion (£116.6 billion), was collected during the 1970s, when siphoning off the country’s oil riches was not considered bad form in the country.
4. Abu Dhabi’s royal family: $150 billion (£116.6bn)
Wikimedia Commons has a photo of the Crown Prince Court of Abu Dhabi. The patriarch is the family’s leader. Currently the emir of Abu Dhabi and president of the United Arab Emirates, Sheikh Khalifa bin Zayed Al Nahyan chairs the Abu Dhabi Investment Authority, which manages an estimated $696.6 billion (£526.1 billion) in assets, which includes Dubai’s Burj Khalifa, the world’s tallest building, which is the world’s tallest building. Additionally, Sheikh Khalifa has recently been identified as one of London’s wealthiest landlords, with a sprawling property empire valued at £5.5 billion ($7.1 billion) in England’s capital estimated to generate approximately £160 million ($205.9 million) in rental income each year, according to a report published by theGuardiannewspaper in October.
Discover the most costly constructions that have ever been constructed.
3. Qatar’s royal family: $335 billion (£253bn)
Image courtesy of Casa Rosada Argentina/Wikimedia Commons It is the House of Thani that has ruled Qatar since the mid-19th century, and the present monarch, Sheikh Tamim bin Hamad Al Thani, who is 40 years old, is the world’s youngest sovereign. He was made emir in 2013, making him the world’s youngest sovereign. The family is estimated to number in the thousands, with estimates ranging from 7,000 to 8,000 members.
3. Qatar’s royal family: $335 billion (£253bn)
Image courtesy of the Qatar News Agency The Al Thanis had a falling out with their Gulf neighbours in 2017 after it was stated that they had paid a ransom of $1 billion (£647.5 million) to terrorist organization al-Qaeda in exchange for the release of 28 members of a royal hunting party who had been kidnapped in Iraq two years earlier. Qatar’s ruling family has denied the allegations, claiming that the funds were transferred to the Iraqi government rather than to terrorist organizations. In any case, the money was a drop in the ocean compared to the family’s immense fortune, which is estimated to be worth $335 billion (£253 billion).
3. Qatar’s royal family: $335 billion (£253bn)
Its assets include the Shard skyscraper (pictured), the Olympic Village in London, and the Harrods department store in the United Kingdom. It also has significant stakes in the Empire State Building in New York and well-known companies such as Volkswagen, Barclays Bank, and British Airways, among others. However, the company’s real estate practices have recently come under scrutiny. Qatar’s royal family dodged £18.5 million ($25.2 million) in property tax after purchasing two mansions on Cornwall Terrace in central London for £120 million ($163.4 million), according to papers obtained as part of the Pandora Papers leak investigation.
2. Kuwait’s royal family: $360 billion (£280bn)
courtesy of the United States Department of State/Wikimedia Commons In Kuwait, the Al Sabah family is in charge of the country’s affairs. The dynasty has controlled the Middle Eastern kingdom since 1752, and the current emir is Sheikh Sabah IV Ahmad Al-Jaber Al-Sabah. Sheikh Sabah IV Ahmad Al-Jaber Al-Sabah is the fourth generation of the family. It is estimated that the family has around 1,000 members in total.
2. Kuwait’s royal family: $360 billion (£280bn)
Wikipedia Commons image courtesy of the United States Department of State. The Al Sabah family is in charge of affairs in Kuwait. Founded in 1752, the Al-Sabah family has dominated this kingdom in the Middle East, with Sheikh Sabah IV Ahmad Al-Jaber Al-Sabah as its current ruler. There are around 1,000 members in all, according to family members’ estimates.
2. Kuwait’s royal family: $360 billion (£280bn)
Since the early 1990s, some analysts think the Kuwaiti royal family’s fortune has doubled, with a widely stated number of $360 billion (£280 billion) as the total value of their assets.
Even this estimate may be on the modest side, given the family’s reputed ownership of substantial shares in nearly all of the major blue-chip corporations in the United States.
1. Saudi Arabia’s royal family: $1.4 trillion (£1.1tn)
Thanks to the Saudi Press Agency for their assistance.
1. Saudi Arabia’s royal family: $1.4 trillion (£1.1tn)
Since 1744, the House of Saud has been in control of the country that bears its name. Kingdom of Saudi Arabia’s current King Salman has been on the throne since 2015; the monarchy and his relatives have a great deal of authority and control over the country’s resources. With an estimated wealth of $18 billion (£12.9 billion), he is considered to be the family’s wealthiest individual member.
1. Saudi Arabia’s royal family: $1.4 trillion (£1.1tn)
With an estimated net worth of $13.4 billion (£9.6bn), Prince Alwaleed bin Talal, who was arrested by the Saudi government in 2017 on corruption charges, is the second wealthiest individual member of the Talal family, behind only Prince Mohammed bin Salman. The Bloomberg Billionaires Index estimates his wealth to be $17.1 billion (£12.2bn). Alwaleed’s net worth plummeted in late 2018, as his stock in the Kingdom Holding Company was said to have lost 70 percent of its value since its inception in 2014.
He is said to have paid a settlement price to the authorities in order to secure his release, with rumors stating that the amount was as high as $6 billion (£4.36 billion).
Continue reading about the bankrupt millionaires who lost everything.
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