Published 14:27 IST, January 20th 2024

Meet The World's Richest Family Who Owns Rs. 4,000 Crore Palace, 700 Cars, 8 Jets

The Al Nahyan royal family of Abu Dhabi which possesses assets such as a ₹4,078 crore presidential palace, 8 private jets and ownership of football clubs.

Reported by: Manasvi Asthana
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This 56-member family lives in Rs 4000 crore palace, owns 700 cars | Image: Twitter
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Al Nahyan royal family of Abu Dhabi which possesses assets such as a ₹4,078 crore presidential palace (equivalent to size of three Pentagons), eight private jets and ownership of a popular football club is considered wealthiest in world, according to a report by local news outlet. 

Sheikh Mohamed bin Zayed Al Nahyan's family members

he of Al Nahyan royal family and President of UAE, Sheikh Mohamed bin Zayed Al Nahyan commonly known as MBZ, les family. He has 18 brors and 11 sisters. ditionally, Sheikh Mohamed has nine children and 18 grandchildren.

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Royal family's possessions

family possesses approximately six percent of world's oil reserves, owns Manchester City Football Club and holds interests in various renowned companies, ranging from singer Rihanna's beauty brand Fenty to Elon Musk's SpaceX.

MBZ's younger bror owns 700 luxurious cars

Sheikh Ham bin Hamdan al Nahyan, younger bror of ruler of Abu Dhabi, boasts a car collection exceeding 700 vehicles. This impressive assortment includes world's largest SUV, along with prized ditions such as five Bugatti Veyrons, Lamborghini Reventon, Mercedes-Benz CLK GTR, Ferrari 599XX and a McLaren MC12.

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Family's royal presidential palace in Abu Dhabi

family possesses opulent Qasr Al-Watan presidential palace in Abu Dhabi, largest among several such palaces scattered across UAE. Encompassing nearly 94 acres. This grand-domed palace features a chandelier orned with 350,000 crystals and serves as a home to valuable historic artefacts.

Or businesses owned by royal family

Tahnoun bin Zayed Al Nahyan, bror of president, les family's primary investment company, which has seen an extraordinary surge of nearly 28,000 percent in value over last five years. Currently assessed at $235 billion, company possesses a diversified portfolio that includes agriculture, energy, entertainment, and maritime businesses, providing employment to tens of thousands of individuals.

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Properties outside Abu Dhabi

In dition to ir holdings in UAE, Abu Dhabi royals possess luxury properties worldwide, including prominent locations in Paris and London. family's former leer earned moniker "landlord of London" due to his extensive ownership of properties in some of UK's most upscale neighborhoods.

A 2015 report by New Yorker revealed that assets of Abu Dhabi royal family were on par with those of British royal family.

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

ditionally, company holds an 81 percent ownership stake in City Football Group which oversees operations of football clubs such as Manchester City, Mumbai City, Melbourne City and New York City.

 

 

 

 

 

 

14:27 IST, January 20th 2024