Sheikh Mohammed bin Rashid Al Maktoum is known as one of the richest politicians in the world, as he has estimated net worth as high as $14 billion. Mohammed bin Rashid has accumulated his amazingly high net worth while being the Prime Minister of United Arab Emirates (UAE). Furthermore, he is also the constitutional monarch of Dubai. Sheikh Mohammed was able to transform his country into a fascinating business centre and tourism place to visit. The Prime Minister of UAE is also the person who usually makes donations for the sake of his country.
Sheikh Mohammed bin Rashid al Maktoum Net Worth $14 Billion
Sheikh Mohammed bin Rashid Al Maktoum was born on July 15, 1949, in Dubai, United Arab Emirates (then Trucial States). He was raised together with his three brothers while his father was a well known politician Rashid bin Saeed Al Maktoum – tribal leader of the House of Al-Falasi. From an early age, Mohammed attended Al Ahmedia School, since 1955. For the next ten years he was educated in his home country, however, from 1966 together with his relative Sheikh Mohammed bin Khalifa Al Maktoum, he studied in the English language, in school in the United Kingdom. After finishing his education, Mohammed bin Rashid started to gain his net worth.
We should pay more attention to the Burj Khalifa if we want to understand how rich is Mohammed bin Rashid Al Maktoum – this is the largest building in the world built by the man, which is located in Dubai. Furthermore, Maktoum’s net worth was high enough to purchase several gorgeous estates. For example, he is the owner of Dalham Hall. This building was purchased by him for 45 million pounds and is located in Suffolk, England. Another building associated with Sheikh Mohammed bin Rashid Al Maktoum’s net worth is Monaco Penthouse. This great building was purchased by the leader of Dubai in 2010 for a sum which is bigger than $300 million. This is considered to be one of the greatest investments in Maktoum’s net worth, especially because the house is designed with in unique Mediterranean style, and that makes the value of this great building only bigger. The house is equipped with the dressing hall, several bedrooms, the living room, kitchen and the room which is called “the room of complete relaxation”.
One more place owned by Rashid Al Maktoum is Longcross estate, which is located in the United Kingdom. It was purchased by the Dubai Royal in 1990 and since then remains one of the most beautiful places to reside in as it was valued for more than $1 million. But maybe the best known purchase made by Mohammed is the Dubai Yacht. This great yacht is not only extremely fast in comparison with others, but also amazingly huge. Inside it has three elevators, the ability to turn on air condition and even a special lounge for VIP guests.
These are the reasons why Mohammed bin Rashid Al Maktoum’s net worth is so extremely high.