According to a GQ study, the richest family in the world is the Al Nahyan royal family of Dubai, which owns a ₹ 4,078 crore royal palace (which is the price of 3 Pentagons), 8 private planes, and a well-known football squad.
The family is led by UAE President Sheikh Mohamed bin Zayed Al Nahyan, whose initials are MBZ. He has 18 brothers and 11 sisters. In addition, the Emirati king has nine kids and eighteen grandkids.
The family holds part of several well-known businesses, including Elon Musk’s Space X and singer Rihanna’s Fenty beauty brand, in addition to owning around 6% of the world’s oil reserves and the Manchester City football team.
Sheikh Hamad bin Hamdan al Nahyan, the younger brother of the ruler of Abu Dhabi, possesses more than 700 vehicles in his collection, which includes the biggest SUV in the world, five Bugatti Veyrons, a Lamborghini Reventon, a Mercedes-Benz CLK GTR, a Ferrari 599XX, and a McLaren MC12.
The family resides in the largest of its several presidential palaces in the United Arab Emirates, the opulent Qasr Al-Watan palace in Abu Dhabi. Encompassing over 94 acres, the grand palace has a chandelier crafted from 350,000 crystals and is home to valuable historical relics.
The president’s brother, Tahnoun bin Zayed Al Nahyan, is in charge of the family’s principal investment firm, which has seen an almost 28,000% increase in value over the past five years. Tens of thousands of people work for the $235 billion conglomerate, which owns companies in the energy, entertainment, marine, and agricultural sectors.
The Dubai royal family has luxurious residences not just in the United Arab Emirates but also in Paris and London. The former head of the family was dubbed the “landlord of London” because to the large number of homes he held in the most affluent districts in the United Kingdom.
The Dubai royal family have holdings similar to those of the British royal family, according to a 2015 New Yorker article.
Manchester City was purchased by MBZ’s Abu Dhabi United Group for ₹ 2,122 crore in 2008. In addition, the business owns 81% of the City Football Group, which runs the football teams Manchester City, Mumbai City, Melbourne City, and New York City.
