Sheikh Mohammed bin Rashid al Maktoum Net Worth

Sheikh Mohammed bin Rashid al Maktoum Net Worth : $14 billion

Profile

Vice President and Prime Minister of the UAE

Nationality

Emirati

Source of Wealth

Business, Politics

Years of Experience

8 years

Date of Birth

July 15, 1949

Education

Attended the Bell Educational Trust’s English Language School in the UK

Marital Status

Married

Children

23 (9 sons and 14 daughters)

Sheikh Mohammed bin Rashid al Maktoum’s Total Net Worth

Rashid al Maktoum is the Prime Minister of the United Arab Emirates. With $14 billion fortune, sick he also serves as the constitutional monarch of Dubai and Vice-President of the UAE. He was born on July 15, 1949 in Dubai, Trucial States. He started his formal education at Al Ahmedia School, and later, moved to Al Shaab School, at the age of 10. He also attended Dubai Secondary School, and then went to the Bell Educational Trust’s English Language School. He is popular for his first wedding in 1979, which was a grand and lavish celebration. It also holds the Guinness World Record for being the most expensive wedding costing almost $100 million.

Business Investments

Rashid al Maktoum is a majority shareholder in one of the biggest conglomerates ‘Dubai Holding’ and owns around 99.67% of the company’s stakes. He is also involved in the construction of some of the biggest estates in Dubai, like man-made Palm Resorts, the luxurious Burj Al Arab Hotel, and the world’s tallest building, Burj Khalifa. He loves horse-racing and horse-breeding and possesses a big stud farm in Kentucky, United States.

Properties: Private Fortune

Rashid al Maktoum has invested his enormous wealth in buying numerous estates and lavish properties. He owns the huge and luxurious ‘Longcross Estate’ in England. He owns another £45 million estate spread over an area of 3,300 acres in Dalham, England.

He is also the fortunate owner of the world’s most expensive penthouse in Monaco, which he purchased for a whopping amount of $308 million. It is a two-storey penthouse with its exteriors built in Mediterranean style and contemporary style interiors. Well-equipped with all the lavish facilities, the penthouse has a full height library, cinema rooms, and an infinity pool.

A golf lover, Rashid al Maktoum, owns several golf courses all over the world. One of his most expensive and beautiful golf courses- “Turnberry Golf Course” is located in South Ayrshire in Scotland.

Last, but not the least, the world’s second largest yacht “Dubai Yacht” is also owned by the Sheikh. This enormous yacht measures 531 feet, along with 8 decks that can accommodate 115 guests with a crew of 80 members. It has all the luxurious amenities, like several swimming pools, spa, a squash room, as well as a helipad.

The list of Sheikh Mohammed’s collection of luxurious cars is endless. It includes some of the biggest car brands, such as Mercedes, Ferrari, Maybach, Rolls-Royce and Lamborghini.

Philanthropy

Sheikh Mohammed founded “Mohammed bin Rashid Al Maktoum Foundation”, which aims to improve the educational and job opportunities for the Arab youth.