The Saudi royal family is often regarded as the world’s wealthiest due to their lavish lives. However, available information indicates that there is a family that is significantly richer than them......READ THE FULL ARTICLE>>>
Bloomberg reports that the royal Al Nayan family of Abu Dhabi, United Arab Emirates, is the world’s richest family, with over 700 cars, eight private jets, a presidential palace valued at $475 million, and mansions, among other assets. Bloomberg estimates the family’s net fortune at $305 billion.
Sheikh Mohammed bin Zayed Al Nahyan, the family patriarch and ruler of the United Arab Emirates, holds both positions. According to sources, the family has invested in a variety of companies, all of which add to their vast riches. The Al Nahyan family has a mansion worth millions of dollars.
In June 2023, the New York Post reported that the family’s eight aircraft included one Airbus A320-200 and three Boeing 787-9s. Sheikh Mohamed bin Zayed Al Nahyan reportedly owns a $478 million Boeing 747 and a $176 million Boeing 787. Additionally, the family owns three of the world’s top ten largest yachts.
The family has also made some wise and diverse investments, such as acquiring a 6% interest in the world’s oil reserves and investing in Elon Musk’s SpaceX, among others.
The Sheikh’s family includes 18 brothers, 11 sisters, nine children, and 18 grandchildren…CONTINUE READING>>