Sunday, May 26, 2024

Sheikh Mohammed bin Rashid al Maktoum Net Worth, Personal Life, Career & More

Sheikh Mohammed bin Rashid is a famous politician and businessmen from the UAE. He is currently serving as the prime minister, ruler, and Vice President of UAE. Sheikh is one of the richest politicians in the country. You will be surprised to know that he is holding 99% of properties in the country and has created a lot of manmade palm islands in the Persian Gulf. If you want to know more about this impressive politician take a look at the following details below.

Bio and Family Life

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Sheikh Mohammad Bin Rashid was born on July 15th, 1949 in Dubai. When he was born UAE wasn’t formed as yet. He is from the popular family of Dubai rulers and a descendant of Al-Falasi. The Maktoum family is a very prominent and well-known family in Dubai and being a part of such a family he was bound to become a politician. He has three more brothers but only he was chosen to become a politician. He did his schooling in Dubai and went to the UK to attend the Bell Education trust English language school. After completing his education he also served in the military. He had a certain vision in mind and wanted to see UAE becoming like that. He is 71 years old currently.

Political and Business career

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When Mohammad returned to Dubai his father was the ruler and of the police and Defence force. It was the time when things were going on for the formation of UAE and some proper signing for the documents was taking place. In 1971 he became the minister of Defence and in 1995 he was chosen as the ruler of Dubai by his brother named Maktoum bin Rashid Al Maktoum. When his brother died he acted as a true ruler and worked hard for making UAE what it is now. He was later named as the Vice President of UAE and he joined the governing body of the nation. When he became the ruler and Vice president he did a lot of constructions for the people.

Personal Life

The personal life of Sheikh Mohammad is very adventurous. He has been into many relationships and married many times. Sheikh is the father of 19 children. In 1979 he got married to his first wife and that made it to the list of Guinness book of world records. The wedding is known to be one of the most expensive weddings in history. It was a month-long celebration and he spent $100 million on it. There were more than 20,000 guests that attended the wedding. His second wife is a princess of Jordan and they got married in 2004. Unfortunately, they got divorced in 2019. Apart from that he has many unofficial wives and has been into many relationships.

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Net Worth

The total net worth of Sheikh Mohammad is around $14 billion. He is one of the richest politicians in the World. He has a palace-like mansion where every facility is available. There are many big cars at his disposal while he has a personal jet too. The world’s fourth-largest airline in the world is under his name. We can see a lot of beautiful buildings there and all thanks to him for that. He is a true businessman and responsible for the growth of economic assets.

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