KHALAF AHMAD AL HABTOOR • Net Worth $2 Billion • House • Yacht • Private Jet • Al Habtoor Group

Name:Khalaf Ahmad Al Habtoor
Net Worth:$2 billion
Source of Wealth:Al Habtoor Group
Wife:Hamda al Habtoor
Children:Mohammed Khalaf al Habtoor
Private Jet:(A6-KAH) Embraer Lineage 1000

Khalaf Ahmad Al Habtoor: The Visionary Behind Al Habtoor Group

At the heart of Dubai’s business success story is a dynamic figure, Khalaf Ahmad Al Habtoor, who incepted the Al Habtoor Group. Born in 1949 and married to Hamda Al Habtoor, he has laid the foundation for his son Mohammed to take over the family’s diverse business conglomerate.

Key Takeaways:

  • Khalaf Ahmad Al Habtoor, the founder of the Al Habtoor Group, has significantly contributed to Dubai’s business scene.
  • The Al Habtoor Group is involved in a wide array of sectors including hospitality, automotive, real estate, education, and publishing.
  • Al Habtoor Motors, a part of the group, is a major seller of luxury vehicles like Bentley, McLaren, and Bugatti in the UAE.
  • Khalaf Ahmad Al Habtoor’s son, Mohammed Al Habtoor, currently leads the group as CEO.
  • Forbes estimated Al Habtoor’s net worth at $2 billion, underlining his status as one of the wealthiest individuals in the UAE.
  • Khalaf is also known for his philanthropic endeavors, having established the Khalaf Ahmad Al Habtoor Foundation to support those in need within the UAE.

The Multi-faceted Al Habtoor Group

Since its establishment, the Al Habtoor Group has diversified into various sectors including hospitality, automotive, real estate, education, and publishing. Notably, their hospitality division prides itself on 14 world-class hotels. These include gems like the Habtoor Grand Beach Resort, the Waldorf Astoria Dubai Palm Jumeirah, the St. Regis Dubai, and the Imperial Hotel in Vienna, Austria.

The Automotive Leader: Al Habtoor Motors

Their automotive venture, Al Habtoor Motors, is a renowned seller of luxury vehicles including Bentley, McLaren, and Bugatti in the UAE. The Al Habtoor name is also associated with impressive real estate assets like the Al Habtoor Business Tower and the Le Mall shopping center in Beirut, Lebanon.

Leadership Roles Beyond the Group

Khalaf Ahmad Al Habtoor also shoulders responsibility as the Chairman of Dubai National Insurance and Reinsurance Company. He previously served as Chairman of the Commercial Bank of Dubai, demonstrating his widespread influence across the region’s financial sector.

Mohammed Al Habtoor: The Successor

Mohammed Al Habtoor, Khalaf’s son and the current CEO of the group, has embraced his father’s entrepreneurial spirit. An active figure on Instagram and a successful polo player, Mohammed is a prominent figure in the UAE’s social and business spheres.

Al Habtoor’s Affluence

Forbes estimated Khalaf Ahmad Al Habtoor’s net worth at a staggering $2.3 billion in 2006, which stands at $2 billion now. One of his biggest projects is the $3 billion Al Habtoor City, which comprises hotels and residential towers.

The Philanthropic Side of Al Habtoor

True to his commitment to societal development, Khalaf established the Khalaf Ahmad Al Habtoor Foundation. With the mission to uplift the lives of the less fortunate in the UAE, 20% of Al Habtoor Group shares have been allocated to the foundation.


Mohammed Al Habtoor – Wikipedia

Al Habtoor Group Announces Official Support For Expo 2020 Dubai (

Mention SuperYachtFan When Sharing This Information

When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.

Yacht Alexandra Owner

Khalaf al Habtoor

Watch this video!

Khalaf Ahmad Al Habtoor House

Al Habtoor Yacht

He is the owner of the Benetti yacht Alexandra. The yacht is listed for sale, as he is building a new yacht named Desert Storm.

Yacht Alexandra, designed by Stefano Natucci and built by Benetti in 2002, offers a unique blend of style and performance.

With robust MTU engines, MY Alexandra can reach a maximum speed of 18 knots and offers a cruising speed of 14 knots.

The luxurious yacht comfortably accommodates 12 guests and a crew of 14, ensuring a lavish experience.

Desert Storm yacht

He is building a new 52-meter yacht in Egypt at the Hefni Shipyard.  More here:

The yacht – project name Desert Storm – is designed by Insenaval from Spain, while Cyrille Bieri Design from Dubai is responsible for her interior. The yacht can accommodate 12 guests.