The Al Nahyan Royal Family’s Reign as the Richest in the World
The Al Nahyan royal family stands at the zenith, surpassing even Walmart Inc.’s heirs. According to Bloomberg, the Emirate of Abu Dhabi, under Sheikh Mohamed bin Zayed Al Nahyan, has propelled the family to a net worth of $305 billion, making them the richest family globally.
The Al Nahyan family’s wealth is anchored in their strategic investments, which span various sectors, from Rihanna’s Savage X Fenty lingerie line to Elon Musk’s SpaceX. The family, often associated with the United Arab Emirates (UAE) President Sheikh Mohamed bin Zayed Al Nahyan, holds approximately six percent of the world’s oil reserves, contributing significantly to their vast fortune.
One of the family’s key figures, Tahnoun bin Zayed Al Nahyan, known as Sheikh Tahnoon, oversees the International Holding Co., a colossal investment firm. In the last five years, its value has surged by almost 28,000 percent, currently estimated at approximately $235 billion. The company operates across diverse industries, including agriculture, energy, entertainment, and maritime, employing tens of thousands worldwide.
The Al Nahyan family’s property portfolio mirrors their affluence, featuring grand palaces and estates across the globe. The crown jewel is the Qaṣr Al-Waṭan, a presidential palace in Abu Dhabi valued at $475 million. Boasting a sprawling 380,000 square meters, the palace houses a “House of Knowledge” and symbolises the family’s influence.
Beyond their presidential palace, the family owns an array of luxurious properties, including the Chateau de Baillon in Paris and various estates in the UK. The former family head, Sheikh Khalifa bin Zayed Al Nahyan earned the moniker “landlord of London” for his extensive property holdings.
The Al Nahyan family’s penchant for luxury extends to the high seas, where they own some of the world’s most extravagant megayachts. The Azzam and the Blue superyachts, each valued at $600 million, surpass even Amazon founder Jeff Bezos’s vessel. The Azzam, reportedly the longest yacht globally at 591 feet, features amenities such as a golf training room.
With a fleet of eight private jets, including the Airbus A320-200 and Boeing 787-9s, the family travels in unparalleled style. Sheikh Mohamed bin Zayed Al Nahyan’s personal collection includes the Boeing 747 and Boeing 787, valued at $478 million and $176 million, respectively.
On land, Sheikh Hamad bin Hamdan al Nahyan showcases a museum-worthy car collection exceeding 700 vehicles. This assortment includes the world’s largest SUV and a coveted Willys Jeep. Sheikh Mansour bin Zayed bin Sultan Al Nahyan also boasts a lavish car collection featuring prestigious models like Bugatti Veyrons and a Lamborghini Reventon.
In sports, the Al Nahyan family is a major player. Sheikh Mohamed bin Zayed Al Nahyan’s acquisition of the English football club Manchester City in 2008 for $255 million marked a significant investment in the sporting world. Furthermore, their 81 percent majority stake in the City Football Group oversees clubs in major cities worldwide, including Mumbai, Melbourne, and New York.
As the Al Nahyan family continues to amass wealth and expand its influence, their extravagant lifestyle and far-reaching investments underscore their status as the undisputed wealthiest family on the planet.
Fun Facts about the Al Nahyan Family
From Falcons to Falconry:
- Sheikh Zayed bin Sultan Al Nahyan, the founding President of the UAE, was a passionate falconer and owned over 8,000 falcons! His love for these majestic birds led to introducing the falcon as the national emblem of the UAE.
- The Al Nahyan family is renowned for their global philanthropic endeavours. Sheikha Manal bint Mohammed bin Rashid Al Maktoum established the Noor Dubai Foundation, which has restored sight to over 25 million people worldwide.
Horsepower and High Stakes:
- Members of the Al Nahyan family are avid horse enthusiasts, owning top-class thoroughbreds and racing stables. Sheikh Mohammed bin Rashid Al Maktoum, the current ruler of Dubai, established the Godolphin racing empire, which has won prestigious races like the Epsom Derby and Breeders’ Cup Classic.
- The Al Nahyan family embraces technology and innovation. Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, founded Masdar City, a sustainable city powered by renewable energy, showcasing its commitment to a futuristic vision.
- The family actively promotes Emirati culture and heritage. They support numerous museums and cultural institutions, like the Louvre Abu Dhabi, reflecting their dedication to preserving their rich history and traditions.
- Some family members pursue unusual hobbies. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, is a skilled skydiver and free diver, showcasing his adventurous spirit.
- Not just falcons! The Al Nahyan family also cares deeply about conservation efforts. Sheikh Zayed bin Sultan Al Nahyan established the Abu Dhabi Falcon Hospital, one of the world’s largest sanctuaries for falcons and other birds of prey.
Beyond Oil Wealth:
- While known for their oil wealth, the Al Nahyan family invests heavily in diversifying the UAE’s economy. They focus on developing sectors like tourism, technology, and renewable energy, aiming for a sustainable future beyond oil dependence.