Sheikh Mohamed bin Zayed Al Nahyan Richest Family in the world 2024, 700 Cars, ₹ 4,000 Crore Palace, 8 Jets

Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates, is the head of the Al Nahyan royal family of Dubai, which has been recognized as the wealthiest family in the world. This family possesses an extravagant collection of assets, which includes a presidential palace that is valued at $490 million which is ₹4,078 crore, eight private jets, and even a football club.

Additionally, the family's interests include a football empire, which includes Manchester City, as well as strategic stakes in significant companies such as Rihanna's beauty brand Fenty and Elon Musk's SpaceX. The family's astonishing riches is derived from their control of about six percent of the world's oil reserves.

In addition to nine children and 18 grandkids, the family resides in the luxurious Qasr Al-Watan presidential palace in Abu Dhabi, which spans over 94 acres and is ornamented with a beautiful chandelier made of 350,000 crystals. The family has a total of 18 brothers and 11 sisters.

The sheer magnitude of their wealth is further highlighted by the expansive car collection that is managed by Sheikh Hamad bin Hamdan al Nahyan. This collection includes over 700 automobiles, including the largest SUV in the world as well as high-end automobiles such as Bugatti Veyrons, a Lamborghini Reventon, a Mercedes-Benz CLK GTR, a Ferrari 599XX, and a McLaren MC12. Their extravagant way of living extends all over the world, as evidenced by the fact that they own prestigious residences in both Paris and London.

Beyond the extravagant way of life that they lead, the family's influence is widespread. The president's brother, Tahnoun bin Zayed Al Nahyan, is in charge of the family's primary investment company, which has had an extraordinary growth of about 28,000 percent over the course of the past five years.

With a current valuation of $235 billion, the corporation has interests in a variety of industries, including agriculture, energy, entertainment, and maritime, and it has an impact on a number of different sectors all over the world. Their tremendous economic influence is highlighted by the substantial growth of their investment company, which has resulted in the creation of employment possibilities for tens of thousands of people.

The initiatives that the Al Nahyan family has taken in the realm of football have left an everlasting impression on the landscape of sports. At a cost of $255 million (₹2,122 crore), the Abu Dhabi United Group, which is owned by MBZ, acquired the United Kingdom football team Manchester City in the year 2008.

The City Football Group, which is owned by the family, is the owner of 81 percent of the football empire. It is responsible for the management of teams not only in the United Kingdom but also in other places across the world, such as Mumbai, Melbourne, and New York. Their entry into the football industry is in line with their extensive portfolio, which demonstrates the extent of their broad and influential investments across a variety of industries.

According to a story that was published in the New Yorker in 2015, the revelation that the Al Nahyan royal family is wealthy placed them in a level that is equivalent to that of the ruling British royal family.