SOURCE : NEW18 NEWS
The family’s head is Sheikh Mohamed bin Zayed Al Nahyan.
The net worth of Abu Dhabi’s Al Nahyan family stands at a reported 305 billion dollars.
Everyone knows about Elon Musk, the world’s richest man with highly ambitious plans for the future of the world. But are you aware of the richest family in the world? As per the reports, their abode is a palace, which is worth thousands of crores. The net worth of this family is reportedly more than the combined net worths of billionaires like Gautam Adani and Mukesh Ambani. We are talking about the Al Nahyan royal family of Abu Dhabi, the United Arab Emirates. The family resides in a presidential palace which is reportedly worth 475 million dollars (Rs 4,078 crore). The family’s net worth stands at 305 billion dollars (₹25,38667 crore), as of 2023, making them the wealthiest in the world. According to more information, they own 8 private jets, 700 luxury cars and the Premier League football club Manchester City. More reports state that the family owns around 6 percent of the world’s oil reserves. They own stakes in companies like Rihanna’s Fenty Beauty and Elon Musk’s SpaceX.
The head of the family is the president of UAE, Sheikh Mohamed bin Zayed Al Nahyan, also known by the initials of MBZ. His family includes 18 brothers, 11 sisters, 9 children and 18 grandkids. His younger brother Sheikh Hamad bin Hamdan Al Nahyan is the owner of 700 luxurious cars. The collection includes cars like Lamborghini Reventon, Mercedes-Benz CLK GTR, Ferrari 599XX, McLaren MC12, five Bugatti Veyrons and the world’s biggest SUV.
Their abode is called the Qasr Al-Watan presidential palace, located in Abu Dhabi. It is the biggest of all the palaces the family owns across the UAE. The luxurious palace is constructed over 94 acres of land, it is installed with a chandelier made of 350,000 crystals and is home to valuable historic artefacts.
Not only in the UAE, the family owns properties in places like London and Paris. A 2015 report claims that the Al Nahyan family’s assets could be compared to the British Royal Family’s.
