According to Bloomberg, the Al Nahyan family owns the Manchester City Football Club, a dozen or more mansions, and has made significant investments in Savage X Fenty and SpaceX.
In December 2022, as part of its “Revenue” coverage, Bloomberg released a story by Devon Pendleton, Ben Bartenstein, Farah Elbahrawy, and Nicolas Parasie that discussed the Al Nahyan royal family’s “secretive treasure,” which is not just based on oil wealth.
That doesn’t stop rumors about the Abu Dhabi prince (who also serves as the chief spy for the United Arab Emirates) that he effectively controls a sizable portion of the largest family wealth in the world.
Al Nahyan estimated net worth.
It is no secret that the Al Nahyans are wealthy because the UAE is home to around 6% of the world’s proven oil reserves and is noted for the concentration of wealth among royal families. But investments in everything from Elon Musk’s SpaceX and big data to fast food and Rihanna’s lingerie business have increased the family’s riches to unprecedented heights.
According to a Bloomberg Billionaires Index examination of their complicated assets, which included regulatory filings, real estate records, and business declarations, their net worth has increased to at least $300 billion. That is more than the $225 billion attributed to the Waltons, who have long been acknowledged as the richest family in the world as a result of the hegemony of Walmart Inc. in the retail industry.
Who is Mohammed bin Zayed al Nahyan?
Sheikh Zayed bin Sultan al Nahyan’s third child is Sheikh Mohammed bin Zayed. The United Arab Emirates was founded by Sheikh Zayed, who also served as the country’s primary impetus.
In March of 1961, Mohammed was born. Sheikha Salama bint Hamdan Al Nahyan is his wife. The couple has nine kids. The ruler of Abu Dhabi is Khalifa bin Zayed Al Nahyan, his eldest sibling.
Mohammed is Abu Dhabi’s Crown Prince and the head of the Abu Dhabi Executive Council. He also serves as the UAE’s Deputy Supreme Commander. The council is in charge of planning and developing the Emirate of Abu Dhabi. Furthermore, he is the CEO of Mubadala Investment Company and owns the yacht Rabdan.
The family’s assets
A number of palaces, including Chateau de Baillon north of Paris, prize properties like Manchester City Football Club, and the majority of London’s opulent Berkeley Square are among the holdings of the Al Nahyans. However, the Royal Group is where the family’s rise to prominence began.
The group oversees a vast network of businesses that employ over 27,000 people in industries like robotics finance. According to persons familiar with its operations who wanted to remain anonymous because the information is private, it has expanded over the past 20 years from a very tiny organization to command assets worth close to $300 billion.
The wealth and power of the Al Nahyans are expanding, both locally and globally. Sheikh Tahnoon is a crucial architect of their expanding commercial empire and a significant political emissary. Investments in nations like Turkey and Egypt frequently aid his brother Sheikh Mohammed bin Zayed, the ruler of the UAE known as MBZ, in his efforts to increase the country’s influence.