Facts About UAE’s Al-Nahyan - the World’s Richest Family with $305 Billion

Jenny Lee December 21, 2023 | 08:40

The Al-Nahyan family is currently the richest family in the world, surpassing numerous wealthy families like the Walton or Rockefeller families.

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Not only are there affluent heirs and self-made billionaires in the world, but there are also numerous large families with enormous fortunes that would make Elon Musk blush.

According to Bloomberg's annual family wealth ranking, among them, the Al-Nahyan family has overtaken the title of richest family in the Middle East to become the richest family globally in 2023. For this reason, even though this is the family's first time on the list, the Abu Dhabi family currently holds the top spot with an amazing fortune of 305 billion USD.

This implies that this family not only officially usurps the Walton family, who owns the largest retail empire in America, but also makes the world's wealthiest billionaires, like Jeff Bezos and Warren Buffett, "jealous." Walmart, with a net worth of USD 260 billion, is regarded as one of the wealthiest and oldest families in America.

Interesting Facts about Al-Nahyan - The Richest Family in the World

UAE’s Al Nahyan Family is the World’s Richest Family with $305 Billion Worth Fortune

The overwhelming wealth of the Al Nahyan family

Many people will be curious as to how one family amassed a fortune worth $305 billion given their extreme wealth.

Contrary to popular belief, the Al-Nahyan family's success stems from more than just oil exploitation. To put it simply, they became wealthy very quickly by making astute investments in a range of companies, from Elon Musk's SpaceX Corporation to Rihanna's Savage X Fenty lingerie line. Their assets grow progressively larger as a result.

Interesting Facts about UAE’s Al-Nahyan - The Richest Family in the World

The Al-Nahyan family owns the largest fortune in the world

The first thing that comes to mind when discussing this family is their palace, Qaṣr Al-Waṭan. It is well known that this is the United Arab Emirates' presidential palace, which is situated in Abu Dhabi, the country's capital. This palace is one of the top 20 art and cultural landmarks in the world, with a potential value of $1 billion USD.

Qasr al Watan Palace is three times larger than the Pentagon and took 7 years to complete

Family members also possess a number of other priceless properties all over the world. In addition, they are passionate about the most opulent super yachts on the planet, such as the $500 million Azzam yacht, which was built especially for the late UAE President Sheikh Khalifa bin Zayed Al-Nahyan.

In addition, this family has a strong interest in supercars; Sheikh Hamad bin Hamdan al Nahyan, the family's $20 billion net worth, has more than 700 umbrellas. bowl. Even palaces cannot hold this amazing collection, which is on show in four museums in Morocco and the United Arab Emirates.

The overwhelming wealth of the Al Nahyan family

Sheikh Mansour, the $22 billionaire owner of Man City Club, owns shares in automakers like Daimler AG and Ferrari in addition to his collection of high-end vehicles. The billionaire family also expanded their collection with a $450 million Boeing 747 and a $180 million Boeing 787, which will enable the whole family to travel in luxury.

The overwhelming wealth of the Al Nahyan family

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