Inside The Life of Dubai's Richest Family

[Music] because we want [Music] with Dubai's remarkable transformation from a modest fishing Village to a Global Financial Powerhouse and luxury Haven is intricately tied to the Visionary leadership of shikh Muhammad bin Rashid al- T the ruler of Dubai while the opulent lifestyle of the al- maktum family is well known their journey to power and wealth remains a captivating tale from billion-dollar palaces to extravagant Airline and awe inspiring Yachts we will delve into the luxurious world of the richest family in Dubai and discover how they've redefined the concept of luxury the rise of Dubai's al- makum family a few centuries ago long before Yachts private jets and luxury cars became everyday symbols of wealth the Alum family established their Roots near a tranquil fishing Village on the Persian gulf's Shores fast forward to today and the Alum family has emerged as a global Powerhouse not just within the United Arab Emirates but on the world stage their transformative efforts have elevated that sleepy coastal town into the bustling social epicenter we now know as Dubai off offering an enticing blend of pleasures and business opportunities right in the heart of the desert the alatum family's influence has been instrumental in making Dubai a global City attracting businesses and investors from every corner of the globe Guided by the Visionary leadership of shikh Muhammad bin Rashid al- maktum Dubai has evolved into a thriving hub for trade tourism and finance this cityscape is dotted with some of the planet's tallest Arch chitectural Marvels including the iconic Burge Khalifa the world's tallest skyscraper Dubai also boasts some of the most lavish hotels and resorts worldwide where luxury knows no bounds but what's truly captivating is the city's versatility offering everything from an indoor ski resort to a Formula 1 racetrack yet the Grandeur doesn't stop there the alatum family's investments in ports highways and airports have seamlessly inte ated Dubai into the global marketplace with easy access to markets in Asia Europe and Africa it's no wonder that Dubai stands tall as one of the most connected cities globally these wise Investments have undoubtedly contributed to the family's immense wealth totaling over $20 billion The Lion's Share of this Fortune rightfully goes to shik Muhammad bin Rashid Al mum whose net worth surpasses an astounding $15 billion the Legacy of Dubai's al- makum family the al- makum family's lineage traces back to the influential Bon Yas tribe which was the most dominant and strategically positioned among the familial Clans in ancient Arabia in the year 1833 around 800 members of the al- makum family diverged from the main bunny Yas lineage they took control of the Emirate particularly the region of Dubai effectively establishing themselves as the rer ring family the al- mum family's Ascension to the status of the royal dynasty was underscored by their adoption of the title Shake which in this context closely approximates King notably the shake of Dubai currently holds the position of Vice President of the United Arab Emirates in addition to effectively serving as the Prime Minister and defense minister born in 1949 his Royal Highness shikh Muhammad bin rashed al- maktum assumed the role of Dubai's ruler in 2006 following the demise of his elder brother with this he became the 13th recognized Shake of the Emirate of Dubai under his leadership Dubai has evolved into the globally renowned superpower it is today shik Muhammad has been instrumental in spearheading investments in international events infrastructure educational institutions and charitable causes thereby attracting a surge of professionals and immigrants to do by his enduring popularity extends to Residents and locals alike this remarkable appeal is further heightened by the charismatic presence of his eldest son Crown Prince hamdan bin Muhammad al- makum affectionately known as faza he captivates his followers by sharing his well-known love poems on Instagram while the younger children of Dubai's ruling family are less known the shak's prolific Instagram account with its behind the-scenes glimpses into their lives has gener generated a devoted following remarkably shikh Muhammad bin Rashid al- makum is married to Six Wives accounting for his substantial number of Offspring among his wives is Princess heab bint Hussein the daughter of the king of Jordan who stands out as a graduate of Oxford University a skilled equestrian and a fashion Enthusiast she enjoys a considerable following on social media platforms what sets the Dubai ruling family apart is their unique approach to maintaining a personal connection with the city's residents this is accomplished through an active presence on social media and frequent appearances at various events and restaurants they can often be spotted driving through the bustling streets of downtown Dubai or enjoying leisurely walks in public in spite of their immense wealth they exude a sense of humility and unwavering commitment to the well-being of their citizens actively participating in public affairs in Dubai and the United Arab Emirates the global audience remains captivated eagerly awaiting the dawn of new eras ushered in by the present shake and his young son Prince hamdan the modern Aladdin prince shik hamdan shik Muhammad is not only the ruler of Dubai but also the father of an astonishing 23 children with one of the most renowned being the Crown Prince of Dubai shik hamdan bin rashed al- maktum with a staggering net worth of $400 million shik hamdan holds the positions of Deputy ruler of Dubai and Minister of Finance and Industry making him a prominent figure in the nation's leadership Prince faza as he's affectionately known is no ordinary Royal while his lifestyle May rival that of a modern day Aladdin he's undoubtedly a celebrity in the eyes of his subjects and boasts a staggering 15.6 million followers on Instagram fza isn't shy about sharing glimpses of his extravagant life providing a captivating window into his world his interests Encompass photography scuba diving and skydiving reflecting an adventurous Spirit a notable Act of generosity is creating an annual photography award demonstrating his support for the art however his true passion is horseback riding earning him recognition as a decorated equestrian with a significant victory at the world Equestrian Games in 2014 Beyond horses Prince fza affinity for Animals extends to camels which hold cultural significance in Dubai in a remarkable display of his love for these creatures he acquired 16 of the world's most Exquisite camels his method organizing a camel Beauty competition the winner alone costing him approximately $2.7 million making the entire batch valued at around $4.5 million Prince faa's love for Animals isn't limited to camels he has an impressive private Zoo where he cherishes every inhabitant While most animals are rescued maintaining the sanctuary costs a considerable amount estimated to exceed $100 million notably he once purchased six young elephants and one mature female acquired from Zimbabwe at an undisclosed price however some estimates suggest it might have reached approximately $2.2 million based on Black Market values Prince faa's philanthropic Endeavors extend to supporting the Dubai Autism Center participating in blood donation campaigns sponsoring various Animal Welfare organizations and organizing sporting events such as marathons and yoga in Dubai he's also the driving force behind the prince Hamdon charity Foundation contributing over $20 million to constructing medical facilities for international relief efforts the almcom businesses the almcom family's well wealth is a fascinating tapestry woven from various sources of course their substantial investments in Dubai play a significant role in bolstering their financial Empire however the energy industry takes the crown as the chief contributor to their riches given the oil Rich region they call home Beyond this the alatum family's influence has been pivotal in shaping Dubai's growth transforming it into a major trading center in the Middle East their financial portfolio is nothing short of impressive with interests spanning real estate construction finance and tourism while their political sway is undeniable one of their most renowned Ventures is the airline giant Emirates the company boasts an astounding total asset value nearing $190 billion and it's estimated that its net worth exceeds an impressive $3 billion with such immense wealth it's no surprise that the Dubai Royal Family's lifestyle is a far cry from that of simple medieval peasants dawned in rags and residing in Humble Huts both shik Muhammad and Crown Prince hamdan are celebrated for their extravagant and opulent ways the zabil palace could you envision leading a nation with a staggering wealth of over 0 billion all while choosing not to dwell in a grand palace well the al- mum family doesn't disappoint in this regard they are the proud owners of the magnific zabil Castle an opulent Abode sprawling across 100,000 square ft with an estimated value of $500 million nestled approximately 6 km away from the iconic Dubai frame this architectural Marvel stands amidst The Towering skyscrapers that form the city's Majestic Skyline designed by Otto bouard the renowned architect behind Dubai's Clock Tower the castle complex is a sight to behold lush green Gardens and enchanting fountains create a striking contrast with the surrounding desert landscape the complex comprises a grand main Palace building and numerous smaller structures accommodating both guests and staff domes and arches reminiscent of classic Arabic architectural elements Adorn the Magnificent main Palace the interior is a testament to the family's impeccable taste with lavish decorations featuring gold silver and ivory the palace offers an array of amenities including a private theater a state-of-the-art fitness center a luxurious swimming pool and of course A Royal Spa furthermore outside the main building a spacious stable provides residence for the family's esteemed horses and camels with accommodations that might rival the living conditions of many people worldwide helipads are strategically placed around the estate allowing for seamless access as peacocks roam the immaculate verdant Gardens the luxury of this location knows no bounds indeed this architectural Landmark is a Priceless treasure a testament to the family's stature experts estimate its value at no less than $500 million while this is undoubtedly a significant investment it's just the tip of the iceberg regarding the family's real estate Ventures domestic real estate Investments the alatum family's significant contributions to Dubai's development natural Ally extend to their impressive real estate portfolio one of the standout properties in their collection is none other than Prince hamdan's official residence the alom palace this sprawling Palace covers a vast 43,000 Square ft and Graces Dubai's al- mom neighborhood with its presence the opulence of alom Palace is nothing short of spectacular featuring a generous swimming pool private grounds and luxurious Living Spaces Emirates Hills another another remarkable investment by the family is synonymous with luxury and prestige in Dubai this exclusive residential Enclave is renowned for its worldclass golf courses and upscale Villas it was purposefully designed as a Haven for the elite which explains why a single Villa in this wealthy community can range from 3 million to nearly $30 million in addition for those with more budget conscious preferences the family has introduced the Dubai Creek Palace offering a range of residential options starting at a modest $381,000 and extending to2 million undoubtedly the Alum family's domestic real estate portfolio boasts three extraordinary Jewels the Burge Khalifa palm jera and Dubai Mall Burge Khalifa let's start with the Burge Khalifa a name known to almost everyone this architectural Marvel the world's tallest structure is a true Wonder the family invested over $1.5 billion in its construction creating a skyscraper with 163 floors and soaring to a staggering height of 27165 3 ft located near the Dubai Fountain boardwalk in downtown Dubai United Arab Emirates the Burge Khalifa is a majestic site that graases Dubai's Skyline to truly grasp the awe inspiring views it offers you can visit two observation decks the two-story at the top on the 124th and 125th floors and one of the world's tallest observation decks at 555 M on the 148th floor the Burge Khalifa's unique design inspired by the himalis flower gives it a captivating aesthetic that harmonizes with the traditional onion Dome patterns found in many forms of Islamic architecture pal jera now let's talk about the extraordinary investment of 12 billion into creating the man-made Palm jera an iconic symbol of Dubai's growth and ambition the Palm jera another Monumental project by the al- mum family is an iconic symbol of Dubai's ambition and growth this renowned Island takes the shape of a date palm the national plant of the United Arab Emirates stretching gracefully into the Arabian Gulf crafted by the acclaimed developer nakil Palm jera is one of the world's largest man manmade Islands often lauded as one of the mustsee architectural Wonders by Travel Experts whether you view it from the sky during a thrilling skydiving adventure or through an internet search for your dream vacation this palm-shaped island never ceases to amaze you Palm jera is not just an architectural Marvel it's a testament to Dubai's Relentless pursuit of growth the island hosts a captivating mix of opulent five-star Resorts Chic Beach Clubs Tren dining establishments and Island residences two iconic properties Atlantis the palm and Atlantis the Royal Define the Palm experience these magnificent Resorts offer exceptional accommodation dining and activities that epitomize the Palm juma's Allure Residential Properties occupy most of palm juma's frond while upscale hotels and resorts Adorn the outer Cresent the trunk of the Palm boasts Parks shopping centers restaurants and more exploring the Palm reveals a world of hidden gems making it a true Jewel on Dubai's Coastline Dubai Mall the almac tum family also played a pivotal role in creating Dubai Mall investing over2 billion to construct the world's largest enclosed shopping center adjacent to the Burge Khalifa Dubai Mall is a retail entertainment and Leisure Mecca that spans over 1 million square m equivalent to 200 football fields this sprawling complex Lex features over 1,200 retail stores two large department stores and a vast array of food and beverage establishments the mall boasts a treasure Trove of high-end stores including renowned Brands like Hermes St lauron Cartier and Balenciaga it's not just a mall it's a destination where you can enjoy the musical performances of the Dubai Fountain and explore various tourist attractions all while being in the shadow of the Towering Burge Khalifa for luxury fashion afficianados Dubai Mall is Paradise with over 70 iconic stores including the first Gallerie Lafayette in the Middle East and Bloomingdales Fashion Avenue is a must visit for hot Couture enthusiasts showcasing the latest Creations from renowned labels like Versace and Burber and if you're searching for Exquisite Footwear or the finest gold jewelry level shoes and the gold souk have got you covered inside the Dubai Royal Family's lavish real estate Empire from British Estates to Monaco's opulence the Dubai Royal Family's real estate portfolio extends far beyond the boundaries of their Homeland in fact they possess more land in the UK than even the British royal family the almac's remarkable Holdings include the expansive 63,000 Acre inin state in Scotland this breathtaking property encompasses not only a genu Castle but also a prestigious golf course with a 14-bedroom Manor and a 16- bedroom Guest House it boasts a rich history that dates back over three decades surprisingly this remarkable estate was acquired for a mere 2 and 1.2 million which translates to approximately $5.5 million in today's currency it offers a unique glimpse into the Shake's exceptional Investments and his deep appreciation for Scotland's Timeless Beauty and Heritage the Dubai royalties have also made significant Acquisitions in London including a mansion in the exclusive Kensington Palace Gardens famously known as billionaires row valued at over $138 million this opulent property features 45 bedrooms a swimming pool a cinema and even a private Hospital additionally they have secured Prime lands in Sunny Morocco where they own the luxurious label epoke Penthouse this apartment is nothing short of a masterpiece and rightfully ranks among the world's top 10 most expensive homes it reflects the epitome of extravagant living drawing inspiration from a bygone era of art culture and scientific innovation upon stepping inside you are immediately engulfed by an opulent Symphony of colors and textures including Platinum leafed ceilings rare Italian marbles exotic wood floors with intricate marquetry handp painted silk draperies and luxuriously soft suede skirting boards this prestigious Penthouse offers more than just Aesthetics it houses a double height Library seamlessly integrated movie screens walk-in wardrobes a game room a Billiards area and a media room with executive chairs that transform into beds for added comfort for those moments of pure relaxation you can indulge in a jacuzzi and a spa as you step onto the extensive roof Terraces you'll be greeted by an infinity pool and magnificent 15t trees while savoring breathtaking sea views the penthouse not only exudes luxury but also prioritizes security with surveillance cameras strategically placed throughout and even a dedicated Panic Room with reinforced glass situated in one of Monaco's most coveted locations adjacent to the hotel Hermitage this 17,500 Square ft Penthouse occupies the top floors of the prestigious label poke building perched above three private Banks below the views span across the harbor offering a glimpse of Prince Albert's Hilltop Palace while the almcom real estate holdings are undeniably inspiring it's their impressive horse collection that truly sets them apart the maktum family's passion for horses shik Muhammad's purchase of dalham Hall in the UK for $60 million is more than just an investment it's a portal to one of his deepest Passions horse racing his affinity for horses has been a lifelong devotion during his years as a student in Cambridge he often sacrificed meals to save money for train tickets to watch horse racing this unwavering love for the sport eventually led him to introduce the Dubai World Cup in 1996 a groundbreaking move for the equestrian world and it's no surprise that he presides over darly stud recognized as the largest horse breeding Enterprise worldwide given his influential presence in international thoroughbred horse racing and breeding nestled near dalham Hall on the outskirts of New Market suffk darly stud became his acquisition at a substantial $500 million it is the hub for preparing stallions for the most prestigious competitions effectively managing shik Muhammad's and the makum family's racing Endeavors additionally shik Muhammad is also the owner of kuy's Gainesboro stud which he integrated into his own operations at darly stud after his brother shik makum bin Rashid al- mum's passing in keeping with the family's passion for horse racing shik hamdan founded his first Racing Stable Chadwell racing in the UK in 1981 following in his Father's Footsteps he too is an avid horse racing Enthusiast with 200 legitimately bred Mayors and Elite stallions under his purview Shake hamdan now oversees a network of eight stud farms across the globe while his horse collection might not rival his fathers in size it is without a doubt an impressive Ensemble that adds another layer of Fascination to their opulent lifestyle spectacular car collection shik Muhammad bin Rashid al- maktum is without a doubt a devoted Gearhead with a jaw-dropping collection of rare and outrageously expensive sports Vehicles this remarkable assembly includes some of the most coveted automobiles on the planet picture this a 1 and A2 million Ferrari Enzo a $2.5 million Lamborghini Renton and a $1 million Mercedes-Benz SLR McLaren are just a few from his Elite Garage it doesn't stop there he's got an assortment of rolls-royces Bentley's and other top tier cars that add to his Automotive opulence yet the crown jewels of his collection are the showstopping $4 million Bugatti Veyron and the custommade $2.2 million devil 16 designed exclusively for him it is made from a super lightweight and high strength carbon fiber body and is the fastest car in the world with a top speed of 560 kmph or 347 mph now if you thought that was impressive hold on to your seat because we're about to dive into the crown Prince's Automotive extravagance trust us it's a league of its own his collection of golden cars alone is valued at an astonishing $59.6 million yes you read that right the prince of Dubai rolls around in a fleet of golden-plated automobiles known as faster the Crown Prince has a genuine passion for automobiles among his impressive lineup you'll find a $7.5 million golden Lamborghini Aventador a55 million golden Porsche 918 spider a $3.5 million golden Range Rover Vogue and an 8 half million golden Rolls-Royce Phantom he didn't stop there he's also thrown in some non golden Vehicles including a Ferrari a Bugatti a Nissan Godzilla GTR a Range Rover Vogue and a Mercedes G63 AMG which usually comes with a price tag of around $300,000 but wait there's more the Crown Prince can proudly declare that he's the owner of one of the nine Lamborghini Veneno roadsters a vehicle that's valued at 4.5 million and just when you thought he had covered it all he's got not one not two but six lavish amphibious vehicles in his collection apparently regular cars just don't cut it for him however the most astonishing aspect of his collection is his Fleet of opulent tanks which he takes on Joy rides into the desert who would have thought that being in a tank could be enjoyable while the almac tum garage is reminiscent of a car museum it still pales compared to the Grandeur of the family's Fleet of magnificent Yachts now prepare yourselves for a subscribers pick that'll make you you question your life choices folks here's a scene straight out of your wildest dreams picture yourself at a dazzling event dressed head to toe in shimmering gold you step onto the red carpet and all eyes are on you you're literally glowing Now isn't that a moment to remember well that's just an ordinary day for Dubai's princes and princesses who wouldn't want a taste of that lavish lifestyle I mean I know I'm already planning my gold themed wardrobe any guesses on the cost of those golden outfits but hold on it doesn't stop there imagine pulling up in a car that's not just a car but a golden Chariot limousine or Chevy who cares as long as it's gold right that's the epitome of high class I guess so what do you think dear viewers would you go all in for the golden experience or is it a bit too extra tell us your thoughts below and let's dive into the blingy discussion the AL mum family's billion dooll yacht collection the world world of the almcom family's luxurious Maritime Fleet is one that dreams are made of if you've ever harbored aspirations of ruling the S C's in unparalleled style their collection of six extravagant Yachts valued at over $2 billion offers valuable lessons but there's more to their nautical Empire than meets the eye behind the scenes the ruling family boasts a fleet of support Yachts each more extravagant than the last take for example the Dubai Shadow a vessel that's estimated to command a price tag between $4 and $60 million yet the jewel in their Maritime Crown is undoubtedly shik Muhammad's magnificent 631 ft Ultra luxurious yacht known simply as Dubai this Floating Palace comes with a price that befits its Grandeur with the Monarch shelling out a princely $400 million for this Oceanic Marvel designed by the esteemed Andrew winch the yacht Dubai boasts an extraordinary feature a floating dock that made its way to the Blue Waters off Dubai from Turkey courtesy of the blue marlin currently anchored in front of the shak's private eyelets this opulent vessel spares no expense in providing the ultimate in extravagance it features two 10 m motorboats a helipad a lavish 90 person dining room and a sprawling 10 m swimming pool the list of amenities goes on squash court Lobster tank submarine green cinema and not one but 20 water bikes in fact everything you could ever desire is right at your fingertips you might never want to set foot on dry land again to accommodate the Royal Entourage and crew the yacht Dubai is generously designed for a total of 115 passengers and attended to by 88 crew members it's not just a vessel it's an entire floating world of luxury the Dubai yacht is a showstopper but the AL mum family's Mariton time repertoire doesn't end there the Quattro L though the shortest among the group carries a price tag of an impressive $200 million while the Moonlight 2 extending 10 ft longer represents a relative bargain at around $90 million furthermore there's a rumor that the family also holds the ownership keys to the $300 million aled the $500 million Serene and the $520 million topaz although these claims remain unconfirmed confirmed for all their Maritime extravagance it's essential to remember that when it comes to splurging the al- mum family saves their biggest Investments for the skies with astonishing sums dedicated to their Aviation Ventures the Emirates while many royal families around the world opt for private planes the Dubai royal family has taken a distinctive route by owning a private Airline they've secured a majority share in Emirates renowned as one of the world's most luxurious ious Airlines with a fleet of over 250 aircraft including opulent Boeing 747400 airplanes Emirates offers a flying experience akin to Drifting On A Cloud in Paradise the only catch is the price which surpasses $600 per hour a fee for indulging in such luxury notably in the year 2017 the AL mum family made a remarkable $5 billion investment in 40 Boeing 787 10 Dreamliners this move sent ripples through the aviation industry with Boeing's stock market value experiencing a noteworthy 1.1 percentage surge 2 years later they continued their spree by purchasing an additional 50 Airbus a359 hundreds for a staggering $16 billion while these numbers may appear astonishing it's a common practice especially when you consider that the almcom family relies on these lavish aircraft to generate substantial Revenue Vision 2021 shik Muhammad's commitment to a brighter Dubai future beneath the opulence and extravagant lifestyle shik Muhammad and the al- makum family remain compassionate leaders deeply committed to the welfare of Dubai's citizens in 2010 he introduced an ambitious initiative known as Vision 2021 a comprehensive plan aimed at enhancing Dubai's Prosperity by channeling resources into crucial areas the vision encompassed investments in healthcare education scientific research Innovation youth engagement and fostering good governance when asked why he was pushing for such rapid development an undertaking that typically spans more than two decades shik Muhammad responded with profound empathy stating that he wants his people to enjoy improved lives now not two decades later his unwavering passion for the betterment of his people is both admirable and and understandable considering his status as one of the world's wealthiest and most influential figures thank you for joining us on this journey through Dubai's history and the lives of its wealthiest family if you enjoyed this video be sure to explore our channel for more intriguing content stay tuned and we'll catch you in the next one

Channel: Uncovered Files

Views: 1,822,259

Keywords: discovery, unexplained, mysterious, top 10, top 15, space, science, mystery, facts, interesting, discovery channel, discovery plus, scientists discovery, aliens, ufo, terrifying discoveries, top, invention, future, galaxy, james webb, elon musk, business, entertainment, Uncovered Files, betelgeuse, space news, inside the life of dubai's richest family, dubai, the richest family in dubai, wealth, real housewives of Dubai, inside the life of dubai, crown prince of dubai, princess dubai

Id: 6m5GdcU4GSU

Length: 32min 21sec (1941 seconds)

Published: Tue Nov 21 2023