Who is Sheikh Mohammed bin Rashid Al Maktoum?
Mohammed bin Rashid al Maktoum is the Ruler of Dubai. He is also Vice President and Prime Minister of the United Arab Emirates (UAE). He was born in 1949. He became Ruler of Dubai in 2006. He has 3 wifes and 23 children.
Sheikh Mohammed is the third son of Sheikh Rashid bin Saeed Al Maktoum. He is a descendant of the House of Al-Falasi, of which Sheikh Mohammed is the tribal leader.
Sheikh Rashid
His father Sheikh Rashid bin Saeed Al Maktoum was responsible for the transformation of Dubai. From a small cluster of settlements near the Dubai Creek to a modern port city and commercial hub.
He tried to develop the economy of Dubai. So that it could survive after the end of oil production.
Sheikh Mohammed has been responsible for the creation and growth of a number of businesses and economic assets of Dubai. He is the owner of 2 large companies: Dubai World and Dubai Holding.
He is responsible for the launch of Emirates Airline. As well as heading the development of both Dubai International Airport and Dubai World Central – Al Maktoum International Airport.
Horse breeding and Racing
Maktoum is the founder of the Maktoum family-owned Godolphin racing stable. And the owner of Darley, the thoroughbred breeding operation with operations in six countries
Godolphin is a Thoroughbred horse racing operation based in Dubai, United Arab Emirates. It was founded by Sheikh Mohammed in 1998. The operation has a significant presence in both the United Kingdom and Australia, and has been a major player in international horse racing for many years. Godolphin has won many prestigious races including the Epsom Derby, the Breeders’ Cup, and the Dubai World Cup, among others. The operation is known for its commitment to excellence, both on and off the track, and has made a significant impact on the sport of horse racing.
How Much is Sheikh Mohammed Bin Rashid al Maktoum Net Worth?
The net worth of the Al Maktoum family is estimated at more than $5 billion.
The Al Maktoum family is one of the wealthiest and most influential families in the United Arab Emirates and the wider Gulf region. The family’s assets are vast and diverse, including holdings in real estate, financial institutions, investment companies, and various other businesses.
Some of the notable assets of the Al Maktoum family include:
- Dubai World Trade Centre: The Al Maktoum family owns and operates the Dubai World Trade Centre, a complex of buildings that is one of the largest exhibition and conference centres in the Middle East.
- Dubai Holding: Dubai Holding is a global investment company owned by Sheikh Mohammed bin Rashid Al Maktoum. The company has holdings in real estate, hospitality, technology, and other industries.
- Dubai Properties: Dubai Properties is a real estate development company owned by Dubai Holding. It is responsible for developing many of Dubai’s most iconic projects, including the Jumeirah Beach Residence and Business Bay.
- Emaar Properties: Emaar Properties is a leading real estate developer in the Middle East and a subsidiary of Dubai Holding. The company is responsible for developing many of Dubai’s most famous landmarks, including the Burj Khalifa, the world’s tallest building.
- Dubai Investments: Dubai Investments is a publicly listed investment company based in Dubai. The company is involved in a wide range of industries, including real estate, manufacturing, and financial services.
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