Al Nahyan family: World’s wealthiest with $300 billion net worth
Wealthiest family owns palaces, jets, football clubs, and high-profile investments
The Abu Dhabi royal family, Al Nahyan, holds the title of the wealthiest family globally, boasting a net worth exceeding $300 billion. Their extensive assets include a presidential palace, private jets, a football club, and substantial oil reserves. They also have significant investments in high-profile companies like Rihanna’s Fenty and Elon Musk’s SpaceX.
The Al Nahyan family’s presidential palace, Qasr Al-Watan in Abu Dhabi, spans nearly 94 acres and is valued at ₹4,078 crore, according to a GQ report. The palace is comparable in size to three Pentagons. The family owns eight private jets and a renowned football club.
Leading the family is UAE President Sheikh Mohamed bin Zayed Al Nahyan (MBZ), who has 18 brothers, 11 sisters, nine children, and 18 grandchildren.
Key assets of the Al Nahyan family include:
1. Around six per cent of the world’s oil reserves.
2. Investments in prominent companies, including Manchester City football club, Fenty, and SpaceX.
3. The luxurious Qasr Al-Watan presidential palace.
4. A chandelier featuring 350,000 crystals.
5. A chief investment company, led by the president’s brother Tahnoun bin Zayed Al Nahyan, valued at $235 billion.
6. Diverse investments in sectors such as agriculture, energy, entertainment, and maritime, employing tens of thousands of people.
7. Sheikh Hamad bin Hamdan al Nahyan, the younger brother, owns a collection of over 700 cars, including the world’s largest SUV, five Bugatti Veyron, a Lamborghini Reventon, a Mercedes-Benz CLK GTR, a Ferrari 599XX, and a McLaren MC12.
8. Luxury properties worldwide, notably in Paris and London.
9. The family’s former head earned the nickname “landlord of London” for owning numerous properties in the UK’s prime neighbourhoods.
10. In 2008, MBZ’s Abu Dhabi United Group purchased the UK football team Manchester City for ₹2,122 crore.
11. The company holds an 81 per cent stake in the City Football Group, managing Manchester City, Mumbai City, Melbourne City, and New York City football clubs.
What Other Media Are Saying
- Hindustan Times reveals the Al Nahyan family’s lavish assets, including a ₹4,078 crore palace and 700 cars, highlighting their unparalleled wealth and opulence.(read more)
- Republic World highlights the Al Nahyan family’s immense wealth, owning a ₹4,000 crore palace, eight private jets, and 700 cars, emphasizing their vast oil reserves and global business investments.(read more)
- The Economic Times details the Al Nahyan royal family’s opulence, including a ₹4,078 crore palace, 700 cars, and investments in oil reserves, football clubs, and luxury brands.(read more)
Frequently Asked Questions
Here are some common questions asked about this news
How much is the Al Nahyan family’s net worth?
Over $300 billion.
What football club does the Al Nahyan family own?
Manchester City.
What notable properties do the Al Nahyan family own?
Qasr Al-Watan presidential palace, luxury properties in Paris and London.
What companies have the Al Nahyan family invested in?
Fenty, SpaceX, Manchester City.
Who heads the Al Nahyan family’s investment company?
Tahnoun bin Zayed Al Nahyan.
