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The Golden Palace is built on an area of approximately 94 acres.
GQ reports that Dubai’s Al Nahyan royal family owns 4.078 billion rupees (the size of three Pentagons), eight private jets, and a popular soccer club, making them the richest royal family in the world. It is said that
UAE President Sheikh Mohammed bin Zayed Al Nahyan, also known by his initials MBZ, is the head of a family with 18 brothers and 11 sisters. The Emirah also has nine children and 18 grandchildren.
The family owns soccer club Manchester City, which has about 6 percent of the world’s oil reserves, and holds stakes in several well-known companies, from singer Rihanna’s beauty brand Fenty to Elon Musk’s SpaceX. I own it.
The president’s brother Sheikh Hamad bin Hamdan Al Nahyan owns the world’s largest SUV, as well as more than 700 vehicles, including five Bugatti Veyrons, a Lamborghini Reventon, a Mercedes-Benz CLK GTR, a Ferrari 599XX and a McLaren MC12. owns a collection of cars.
في كلّ ركنٍ قصة من وحي تاريخ دولة الإمارات العربية المتحدة!
كتشفوا قصص تراث الأمة الغني والعظيم وخططوا لزيارتكم إلى #قصر_الوطن ah. #في_أبوظبيpic.twitter.com/Uv4zQH6bXb— Qasr Al Watan (@QasrAlWatanTour) November 1, 2022
The family lives in Abu Dhabi’s gilded Qasr al-Watan presidential palace, the largest of several palaces it owns in the United Arab Emirates. Spread over approximately 94 acres, the large domed palace features a chandelier made of 350,000 crystals and houses a collection of priceless historical artifacts.
The president’s younger brother, Tahanun bin Zayed Al Nahyan, heads the family’s top investment firm, whose value has soared almost 28,000 percent in the past five years. The company is currently valued at $235 billion, owns agriculture, energy, entertainment and maritime businesses, and employs tens of thousands of people.
Apart from the United Arab Emirates, the Dubai royal family owns luxury properties around the world, including in Paris and London. The former head of the family was nicknamed the “Landlord of London” due to his vast holdings in some of Britain’s most exclusive areas.
According to a 2015 report in The New Yorker, the Dubai royal family had assets comparable to the British royal family.
In 2008, MBZ’s Abu Dhabi United Group acquired English soccer team Manchester City for 2.122 billion rupees. The company also owns an 81 per cent stake in City Football Group, which operates Manchester City, Mumbai City, Melbourne City and New York City football clubs.
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