Dubai's Al Nahyan Royal Family: Rs 4,078 Cr Palace, 700+ Lavish Cars, Largest Yachts And More

dubai’s al nahyan royal family: rs 4,078 cr palace, 700+ lavish cars, largest yachts and more

The Al Nahyan royal family of Dubai has emerged as the wealthiest dynasty globally, epitomising unparalleled affluence on the world stage. At the helm is UAE President Sheikh Mohamed bin Zayed Al Nahyan, commonly known as MBZ, overseeing an extensive family network comprising 18 brothers, 11 sisters, nine children, and 18 grandchildren, showcasing the vast reach of their influence.

The family, renowned for controlling approximately six percent of the world’s oil reserves, has diversified its portfolio beyond petroleum, holding significant stakes in various esteemed enterprises spanning diverse industries. From Rihanna’s Fenty beauty brand to Elon Musk’s SpaceX, the Al Nahyan family’s global financial influence is a testament to their strategic investments.

At the heart of their opulent lifestyle is the Qasr Al-Watan presidential palace, situated in Abu Dhabi across approximately 94 acres. According to The Economic Times report quoting GQ India, this lavish sanctuary not only boasts a monumental Rs 4,078 crore price tag but also features a magnificent chandelier adorned with 350,000 crystals.

Playing a pivotal role in the family’s financial endeavors is Tahnoun bin Zayed Al Nahyan, who oversees the family’s chief investment company. Experiencing a staggering surge of almost 28,000 percent in the last five years, the company, valued at a whopping $235 billion, extends its influence across agriculture, energy, entertainment, and maritime sectors, providing employment to tens of thousands.

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Beyond the UAE borders, the Dubai royals possess opulent properties worldwide, including prestigious locations in Paris and London. Earning the moniker “landlord of London,” the family’s former head amassed extensive property holdings in the UK’s most upscale neighborhoods, drawing comparisons to the financial standing of the British royal family.

In a 2015 report by the New Yorker, parallels were drawn between the assets of the Dubai royal family and those of their British counterparts, highlighting the Al Nahyan family’s formidable financial standing on a global scale.

The report added that the family’s foray into sporting ventures is exemplified by MBZ’s Abu Dhabi United Group’s acquisition of the UK football team Manchester City in 2008 for Rs 2,122 crore. With an 81 percent stake in the City Football Group, the family oversees operations for football clubs like Manchester City, Mumbai City, Melbourne City, and New York City.

In the realm of maritime grandeur, the Abu Dhabi royal family quietly owns three of the world’s top ten largest yachts. Sheikh Hamad bin Hamdan Al Nahyan, a prominent family member, possesses an impressive collection of over 700 cars, including the world’s largest SUV, five Bugatti Veyrons, and various other luxurious models, showcasing the family’s penchant for opulence and grandeur.

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