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Tuesday November 19, 2024

Meet Dubai's richest family who lives in $2bn palace with private zoo inside

The Al Maktoum family owns private island with 37 villas, yachts, private jets

By Web Desk
May 10, 2024
Sheikh Mohammed bin Rashid Al Maktoum is the ruler of Dubai and has a net worth of $18bn. — Gulf Today/File
Sheikh Mohammed bin Rashid Al Maktoum is the ruler of Dubai and has a net worth of $18bn. — Gulf Today/File

Dubai is well known for its luxurious lifestyle, from its towering skyscrapers to its extravagant party life. However, beyond the flashy exterior of this desert metropolis lies the lavish life of its ruler, Sheikh Mohammed bin Rashid Al Maktoum, and family, Luxury Launches reported.

Sheikh Mohammed bin Rashid Al Maktoum has a net worth ranging between $14 billion to $18 billion making him one of the richest royals in the world and the wealthiest in Dubai.

Sheikh Mohammad along with his six wives and children lives in the Zabeel Palace which spans over 37 acres and has more than 150 rooms, including a ballroom, a private zoo, and several swimming pools. The house is valued at $2 billion.

Sheikh Mohammad’s first wedding set a Guinness World Record for the "Most expensive wedding." The month-long extravaganza had cost $100 million, with a specially created stadium for the nuptials.

The ruler of Dubai owns several other impressive properties such as a beachfront mansion on Palm Jumeirah, Zaya Nurai island, and several properties in the United Kingdom and Europe among other things.

The President of Dubai is also a huge yacht fan. Out of his several yachts, the most noteworthy is the $400 million Dubai and $180 million megayacht Quattroelle.

The billionaire's fleet of private jets includes a Boeing 747-400, aka the Dubai Air Wing One, a Boeing 737, and a Gulfstream G650.