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
Born:1949
Age:
Country:UAE
Wife:Hamda al Habtoor
Children:Mohammed Khalaf al Habtoor
Residence:Dubai
Private Jet:(A6-KAH) Embraer Lineage 1000
Yacht:Alexandra


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.

Philanthropy

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.

Sources

Mohammed Al Habtoor – Wikipedia

Al Habtoor Group Announces Official Support For Expo 2020 Dubai (forbesmiddleeast.com)

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Yacht Alexandra Owner

Khalaf al Habtoor


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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

Desert Storm yacht

He is building a new 52-meter yacht in Egypt at the Hefni Shipyard.  More here: http://www.hefni-shipyard.com/projects/ins50m/

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.