This 56-member family lives in Rs 4000 crore palace, owns 700 cars; All you should know about world's wealthiest family
Al Nahyan royal family of Dubai has emerged as the wealthiest dynasty globally. Boasting a monumental ₹4,078 crore presidential palace, a fleet of private jets, and ownership of the famed Manchester City football club, this family epitomizes unparalleled affluence on the world stage.
At the helm is UAE President Sheikh Mohamed bin Zayed Al Nahyan, or MBZ, overseeing a vast family network comprising 18 brothers, 11 sisters, nine children, and 18 grandchildren.
This extensive family structure underscores the breadth of their influence.
Global Holdings: Oil Reserves and Corporate Ventures
In a remarkable display of their global financial influence, the Al Nahyan family, renowned for commanding around six percent of the world's oil reserves, has expanded their portfolio beyond petroleum. Holding significant stakes in a range of esteemed enterprises, their investments span diverse industries, from Rihanna's Fenty beauty brand to Elon Musk's SpaceX.
Their involvement in Rihanna's Fenty beauty brand highlights their foray into the world of beauty and fashion, while their stake in Elon Musk's SpaceX showcases their engagement in cutting-edge technological ventures.
With a diversified portfolio, the Al Nahyan family's investments transcend traditional sectors, demonstrating their ability to navigate and thrive in a rapidly evolving global economy.
Their financial footprint extends far beyond the boundaries of the oil industry, solidifying their position as a significant player in the international business arena.
The Al Nahyan family's extensive holdings not only underscore their financial acumen but also serve as a testament to their ability to identify and seize promising investment opportunities.
