Sheikh Mohammed bin Rashid al Maktoum Net Worth

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Sheikh Mohammed bin Rashid al Maktoum Net Worth

Wiki Biography

Sheikh Mohammed bin Rashid Al Maktoum has established himself as one of the wealthiest politicians globally, amassing an estimated net worth of around $14 billion. Mohammed bin Rashid has garnered his immense wealth through his roles as the Prime Minister of the United Arab Emirates (UAE) and the constitutional monarch of Dubai. He is credited with transforming Dubai into a thriving business hub and a popular tourist destination. Additionally, Sheikh Mohammed is known for his philanthropy, frequently making substantial donations for the betterment of his country.

Net Worth: $14 Billion

Born on July 15, 1949, in Dubai, United Arab Emirates, Sheikh Mohammed bin Rashid Al Maktoum was raised alongside his three brothers by his father, the influential politician Rashid bin Saeed Al Maktoum, a tribal leader of the House of Al-Falasi. Mohammed received his early education at Al Ahmedia School and later pursued English-language studies in the United Kingdom from 1966, alongside his relative Sheikh Mohammed bin Khalifa Al Maktoum. Following the completion of his education, Mohammed bin Rashid embarked on the journey to accumulate his remarkable net worth.

An iconic symbol of his wealth is the Burj Khalifa, the world’s tallest building, which was developed under his supervision in Dubai. Furthermore, his significant net worth enabled him to acquire several luxurious properties, including Dalham Hall, a lavish estate in Suffolk, England, purchased for £45 million. Another notable addition to his assets is the Monaco Penthouse, acquired for over $300 million in 2010. This extravagant residence, designed in a distinctive Mediterranean style, boasts multiple bedrooms, a grand living room, a well-equipped kitchen, and a “room of complete relaxation,” elevating its value. Additionally, Sheikh Mohammed is the owner of the Longcross estate in the United Kingdom, acquired in 1990 for a valuation exceeding $1 million. Among his most renowned acquisitions is the Dubai Yacht, renowned for its exceptional speed and size, featuring three elevators, air conditioning, and a dedicated VIP guest lounge.

These opulent possessions contribute significantly to Mohammed bin Rashid Al Maktoum’s staggering net worth.

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