Sheikh Mohammed bin Rashid al Maktoum Net Worth
$14,000,000,000
Sheikh Mohammed bin Rashid al Maktoum, a famous Emirati politician and businessman, has a remarkable net worth of $14 billion. As the Vice President and Prime Minister of the United Arab Emirates and the ruler of the Emirate of Dubai, Sheikh Mohammed is known for his astute business ventures, including being the owner of 99.67% of Dubai Holding and the visionary behind the man-made palm islands in the Persian Gulf.
Key facts:
- Sheikh Mohammed bin Rashid al Maktoum serves as the Vice President and Prime Minister of the United Arab Emirates, as well as the ruler of the Emirate of Dubai.
- He played a key role in the formation of the United Arab Emirates in 1971 and became its first Minister of Defence.
- Sheikh Mohammed is known for his astute business acumen and is responsible for the growth and development of numerous economic assets in Dubai through his companies, Dubai World and Dubai Holding.
- He is the figure behind the launch of Emirates Airline, the world's fourth largest airline, and also pushed for the establishment of FlyDubai, a government-owned low-cost carrier.
- Sheikh Mohammed has made significant contributions to philanthropy, establishing the Mohammed Bin Rashid Global Initiatives, a charitable foundation that consolidates 33 other charitable foundations and entities together.
