Who is Khalaf Ahmad Al Habtoor ?
Khalaf Ahmad al Habtoor is the founder of the Dubai-based Al Habtoor Group. He was born in 1949. He is married to Hamda al Habtoor. Their son Mohammed heads their family’s business now.
Al Habtoor Group
The company is active in the hospitality, automotive, real estate, education, and publishing sectors. The Group’s hospitality division includes 14 world-class hotels; including the Habtoor Grand Beach Resort, the Waldorf Astoria Dubai Palm Jumeirah, the The St. Regis Dubai, and the Imperial Hotel in Vienna (Austria).
Al Habtoor Motors
Al Habtoor Motors sells Bentley, McLaren, Bugatti in the UAE. The company also owns real estate such as the Al Habtoor Business Tower and the Le Mall shopping center in Beirut, Lebanon.
Khalaf Ahmad al Habtoor is also Chairman of Dubai National Insurance and Reinsurance Company and he was Chairman of the Commercial Bank of Dubai.
Mohammed al Habtoor
His son Mohammed al Habtoor is CEO of the group. Like his father, he is active on Instagram. Mohammed is a successful polo player.
Al Habtoor Net Worth
In 2006 Forbes estimated the net worth of Al Habtoor at $2.3 billion. His net worth is now $2 billion. He has his own website. His biggest project is the US$ 3 billion Al Habtoor City, which consists of hotels and residential towers.
Khalaf is the founder of the Khalaf Ahmad Al Habtoor Foundation. Its mission is to improve the lives of people in need within the UAE. Twenty percent of Al Habtoor Group shares have been allocated for the foundation.
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Khalaf Ahmad Al Habtoor House
Al Habtoor Yacht
Desert Storm yacht
Al Habtoor owns an Embraer Lineage 1000 private jet with registration A6-KAH The jet seats 19 and has a list price of more than USD 50 million.