| Name: | Kabir Mulchandani |
| Net Worth: | $500 Million |
| Source of Wealth: | FIVE Holdings |
| Born: | October 6, 1972 |
| Age: | |
| Country: | UAE |
| Wife: | Nadia Zaal |
| Children: | 4 |
| Residence: | Dubai |
| Private Jet: | T7-SKA Bombardier Global XRS |
| Yacht: | ASYA |
Kabir Mulchandani, born on October 6, 1972, is the visionary founder of FIVE Holdings. Born and brought up in India, he has risen to prominence as one of the most influential Indians in the Persian Gulf region. Together with his wife, Nadia Zaal, they have shaped a formidable real estate empire and are proud parents of four children.
FIVE Holdings, founded by Mulchandani in 2011, is a dynamic real estate developer operating in Dubai. Initially known as SKAI Holdings, the company underwent a rebranding and emerged as FIVE, a name that resonates with some of the most iconic developments in Dubai today.
The crown jewel in FIVE’s portfolio is the FIVE Palm Jumeirah Hotel, renowned globally and awarded as one of the top ten hotels in Dubai by Forbes. This architectural marvel, with development costs exceeding $1 billion, has earned accolades such as ‘Best Rooftop Bar’ and ‘Dubai’s Best Italian.’
In addition, FIVE Holdings has crafted the magnificent FIVE Jumeirah Village, a landmark 59-storey hotel tower that has redefined the skyline of Dubai.
Partnering Mulchandani in his personal and professional journey is his wife, Nadia Zaal. As one of the Most Influential Women in the Arab World, Zaal is a property developer and the co-founder of ZAYA LIVING. Her development, Zaya Nurai Island, is a boutique private island resort that has elevated the luxury quotient in the region.
Nadia Zaal’s vibrant presence is also felt online. She frequently shares glimpses of their family life and their stunning yacht, ASYA, on her social media accounts.
Despite a hefty net worth estimated at $500 Million, Mulchandani remains grounded and committed to giving back. He founded Project Udaan, a philanthropic endeavor that provides critical medical support and surgeries to underprivileged Indian children.
https://www.fiveglobalholdings.com/
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He lives with his wife Nadia Zaal in Dubai. Do you know more about his house? Please do send us a message.
Dubai, the glittering jewel of the United Arab Emirates, is an ultra-modern city known for its impressive skyline, luxurious lifestyle, and limitless opportunities. Renowned for its innovative architecture, including the world’s tallest structure, the Burj Khalifa, Dubai boasts a unique blend of opulence and tradition.
It is home to a multicultural populace and a thriving expatriate community, making it a global crossroads of cultures. The city’s free zones offer 100% foreign ownership and zero taxes – a rare financial advantage that is incredibly attractive to billionaire investors.
As one of the world’s leading financial hubs, Dubai provides an ideal platform for businesses to flourish. It also offers an exceptional quality of life, with access to high-end luxury, world-class infrastructure, and unparalleled entertainment options.
The safety and security of the city, along with its strategic geographical location connecting East and West, also make it a preferred destination for billionaires. Add to this the glamorous social scene, the prestigious sporting events, and the year-round sunshine, and it’s easy to see why Dubai has become a magnet for the world’s elite.
Many billionaires are choosing Dubai as their playground and safe haven, relishing in the city’s vibrant energy and boundless potential. Overall, Dubai, with its distinctive blend of comfort, luxury, and business-friendly policies, is a billionaire’s paradise.
He is the owner of the Heesen yacht ASYA.
The ASYA yacht is a product of Heesen’s expert craftsmanship and Omega Architects’ innovative design.
Powered by MTU engines, the yacht can reach a maximum speed of 16 knots and has a range of over 3000 nautical miles.
ASYA offers a luxury yachting experience for 10 guests, served by a professional crew of 9.
He is the owner of a Bombardier Global XRS private jet with registration A7-SKA. SKA is probably a reference to the former name of his company (SKAI). But the aircraft now carries a large V on the tail, referring to FIVE.
The Bombardier Global Express is a large-cabin business jet manufactured by Bombardier Aerospace. It is one of the most popular business jets on the market, offering a combination of range, speed, and comfort that makes it an ideal choice for executive travel.
The Global Express was first introduced in the 1990s and has since become one of the most popular business jets in the world. It is designed to provide maximum comfort and convenience to passengers, with features such as a spacious cabin, private sleeping quarters, and conference areas. The jet is equipped with the latest in avionics and navigation systems, making it easy to fly and providing a smooth and comfortable ride.
One of the most notable features of the Global Express is its range. The jet is capable of flying non-stop for over 6,000 nautical miles, making it ideal for long-distance travel. It also has a high cruising speed, allowing it to cover large distances quickly and efficiently. This combination of range and speed makes the Global Express an ideal choice for executives and VIPs who need to travel quickly and comfortably to destinations around the world.
As for the price of the Bombardier Global Express, it can range from $45 million to over $70 million, depending on the specific model and configuration.
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Yacht Owners Database 2024
