How much is the royal family of Abu Dhabi worth?

Business

Chloe Whelan, News.com.au

June 20, 2023 | 9:59 pm

Their superyachts are big enough to play golf in, their palaces are three times the size of the Pentagon, and their fleet of private jets rivals an airline.

The royal family of Abu Dhabi is worth more combined than Jeff Bezos and Bill Gates combined, and they live a life of almost incomprehensible luxury.

The royal family known as the Nahyan dynasty rules Abu Dhabi — a small but oil-rich emirate in the Middle East that is the capital of the United Arab Emirates.

The Al Nahyan family, which owns 6 percent of the world’s oil reserves, has investments ranging from sports teams to Rihanna’s lingerie line.

luxury release – a site dedicated to luxury and opulence – chronicles their dizzying wealth.

Amazing palaces and empires of property

The crown jewel of the Al Nahyan family estate empire is Qaṣr Al-Waṭan, the presidential palace of the United Arab Emirates in Abu Dhabi.

The $475 million, 380,000-square-meter palace has a white granite and limestone facade. Inside, it has a soaring 37-meter-wide dome and a chandelier made from 350,000 crystal pieces.

Construction of the palace was completed in 2017 and opened to the public in 2019. Its east wing contains a “House of Knowledge”, housing artifacts of cultural, religious and political significance, while the west wing is used for official meetings.

The presidential palace is just one of several palaces owned by the royal family of Abu Dhabi around the world, including the Bayonne castle north of Paris.

However, the impressive portfolio doesn’t stop at the palace. Sheikh Khalifa bin Zayed Al Nahyan, who ruled Abu Dhabi until his death last year, was nicknamed “London” for his properties that spanned some of England’s most expensive neighbourhoods. Landlord”.

according to a reportby 2015, the Al-Nahyan real estate empire was second only to the British royal family in terms of its London holdings, with a home listing estimated to be worth nearly A$10 billion.

Enough private jets to start an airline

The royal family’s presidential fleet consists of eight aircraft, including an Airbus A320-200 and three Boeing 787-9s.

Sheikh Mohamed bin Zayed Al Nahyan’s personal collection alone holds a $478 million Boeing 747 and a $176 million Boeing 787, enough to house the entire royal family.

Details of private jets have not been made public, but such planes often have more luxuries than one needs in the air — including several cabins, meeting rooms, entertainment rooms, luxury bathrooms and spas.

The Superyacht That Made Jeff Bezos Jealous

While Jeff Bezos and his rumored fiancée Lauren Sanchez recently unveiled their new $500 million superyacht, the royal family of Abu Dhabi has moved up several steps.

The royal family owns three of the top 10 yachts in the world – Azzam, Blue and Topaz, now known as A+.

The world’s largest superyacht, Azzam, was built for Sheikh Khalifa. The 590-foot (180-meter) yacht can seat more than 100 people and features a golf practice room, exquisite mother-of-pearl inlays and a chandelier specially designed so it doesn’t rattle as the vessel sails.

It took four years and 4,000 people to build the mammoth yacht, which goes as fast as a Navy frigate and consumes about 13 tons of fuel an hour.

Meanwhile, the $597 million, 525-foot (160 million) Blue Yacht is the fourth-largest yacht in the world.

Its owner, Sheikh Mansour bin Zayed Al Nahyan, also owns A$660 million in A+ assets, which has been taken over by Leonardo Di Leonardo DiCaprio on loan. A+ is rumored to have a dance floor, beach club, gym and wellness center complete with spa, jacuzzi, steam room and beauty salon.

Museum-worthy car collection

The royal family has a seemingly never-ending motorcade spread across four museums in the UAE and Morocco.

The fleet includes the personal collection of Sheikh Hamad bin Hamdan al Nahyan, which alone includes more than 700 vehicles. These include the world’s largest SUV – a curious 10-wheeled 24-tonne beast – and a 6.4-metre-tall Willis Jeep.

Meanwhile, Sheikh Mansour owns shares in Ferrari and Daimler AG, as well as five Bugatti Veyrons, a Ferrari 599XX, McLaren MC12, Mercedes-Benz CLK GTR and a Lamborghini Reventon luxury car series.

A Premier League blunder

Abu Dhabi United Group, the Abu Dhabi royal investment company owned by Sheikh Mansour, owns English soccer team Manchester City.

The group bought the club from former Thai Prime Minister Thaksin Shinawatra for $255 million in September 2008.

ADUG also owns an 81% majority stake in City Football Group, which controls Manchester City, Mumbai City, Melbourne City and New York City FC.

Second version of the Louvre

The Louvre Abu Dhabi is the largest art museum in the Arabian Peninsula and the only Louvre in the world outside of Paris.

Aiming to bridge the gap between Eastern and Western art, the museum’s collections include a sculpture of the Twin Peaks princess from 3000 BC, Paul Gaugin’s Breton Boys Wrestling and Leonardo da Vinci (Leonardo da Vinci) La Belle Ferronnièr.