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Sheikh Mohammed Bin Rashid Al Maktoum Net Worth is$14 Billion
As most of us enjoy the beginning of football season, complete with grande nacho platters and buckets of ice cold beer, the truly rich are giddy with excitement over their own sporting event: the Keeneland September Yearling Sale that takes place just outside of Lexington, Kentucky. Thousands of the world's most promising thoroughbreds are bought and sold at this 14-day event each year. Thanks to the ever-present global economic recession, sales were down 41% this year to $191 million. 3,159 horses were sold at an average price of $60,734. That average was skewed by the $2.05 million sale of Storm 'n Indian to Sheikh Mohammed bin Rashid al Maktoum. Sheik Mo actually bought 34 yearlings this year for a total of $13.98 million. This is despite his 6 month suspension from horse racing that stems from allegations of doping in early 2009. Who is this Arab horse whisperer? He's the Prime Minister of the United Arab Emirates, the Ruler of Dubai, the owner of 99.67% of Dubai Holding, and the guy responsible for those really cool man-made palm islands in the Persian Gulf. CNW estimates the Sheik's fortune is $20 billion, down a smidge thanks to that aforementioned recession. As with his thoroughbred habit, Sheik Mo likes to go all-out in his personal life. He has fathered 19 children with his two wives. The Sheik's 1981 wedding to his first wife holds the Guinness world record for the most expensive wedding; $100 million (in today's dollars) was spent on a month long celebration in Dubai that culminated in a wedding for 20,000 guests in a specially built stadium. Thanks to the launch of Roman Abramovich's 555 foot Eclipse in June 2009, the Sheik now owns the world's SECOND largest yacht, the 531 foot $350 million yacht called Dubai, which has 8 decks and luxury accommodations for 115 guests and 80 crew members. Sheik Mohammed built the world's tallest building, the Burj Khalifa in Dubai, and is the rumored bidder for an unnamed English Premier League football team. The man knows how to spend his money. Despite his avid love of sporting and big spending, Sheik Mo has never shown an interest in American sports like football, baseball or basketball. Are we not classy enough for this guy? Something to ponder as you inhale those nachos.
Sheikh Mohammed bin Rashid Al Maktoum (Arabic ???? ?? ???? ?? ?????; Muhammad bin Rashid al Maktum), also Sheikh Mohammed, (born July 22, 1949), is the Prime Minister and Vice President of the United Arab Emirates (UAE), and constitutional monarch of Dubai.
He is the third of Rashid bin Saeed Al Maktoum's four sons (members of Dubai's ruling family Al Maktoum and descendants of the House of Al-Falasi, of which he is the tribal leader). From the age of four, Sheikh Mohammed was privately tutored in Arabic and Islamic Studies. In 1955, he began his formal education at Al Ahmedia School. At the age of 10, he moved to Al Shaab School, and two years later, he went to Dubai Secondary School. In 1966, he and his cousin, Sheikh Mohammed bin Khalifa Al-Maktoum, attended the Bell Educational Trust's English Language School in the United Kingdom.[citation needed]
His senior wife is Sheikha Hind bint Maktoum bin Juma Al Maktoum whom he married in 1979.
His best-known junior wife is HRH Princess Haya bint Al Hussein, daughter of King Hussein of Jordan and half-sister of current King Abdullah II of Jordan, whom he married on April 10, 2004, and with whom he has two children, a daughter, Al-Jalila, born December 2, 2007 and a son, Zayed, born January 7, 2012. Sheikh Mohammed announced the arrival of his son Zayed on Twitter.
Sheikh Mohammed has 21 officially acknowledged children, eight sons and thirteen daughters, whom his heir and three daughters married with Middle East royalties :
Al Maktoum, his sons, and his daughters are known to be avid enthusiasts of traditional Arabic poems and arts, and take part in projects to aid developing countries such as Jordan, Egypt, the Palestinian Authority and Yemen. He writes poetry in Nabati (colloquial Arabic.)
They are also sport enthusiasts, especially in horse and camel racing. For example, in the 15th Asian Games in 2006, his son Rashid took the individual gold in Endurance, his sons Rashid, Ahmed, Majid, and Hamdan
He is the third of Rashid bin Saeed Al Maktoum's four sons (members of Dubai's ruling family Al Maktoum and descendants of the House of Al-Falasi, of which he is the tribal leader). From the age of four, Sheikh Mohammed was privately tutored in Arabic and Islamic Studies. In 1955, he began his formal education at Al Ahmedia School. At the age of 10, he moved to Al Shaab School, and two years later, he went to Dubai Secondary School. In 1966, he and his cousin, Sheikh Mohammed bin Khalifa Al-Maktoum, attended the Bell Educational Trust's English Language School in the United Kingdom.[citation needed]
His senior wife is Sheikha Hind bint Maktoum bin Juma Al Maktoum whom he married in 1979.
His best-known junior wife is HRH Princess Haya bint Al Hussein, daughter of King Hussein of Jordan and half-sister of current King Abdullah II of Jordan, whom he married on April 10, 2004, and with whom he has two children, a daughter, Al-Jalila, born December 2, 2007 and a son, Zayed, born January 7, 2012. Sheikh Mohammed announced the arrival of his son Zayed on Twitter.
Sheikh Mohammed has 21 officially acknowledged children, eight sons and thirteen daughters, whom his heir and three daughters married with Middle East royalties :
Al Maktoum, his sons, and his daughters are known to be avid enthusiasts of traditional Arabic poems and arts, and take part in projects to aid developing countries such as Jordan, Egypt, the Palestinian Authority and Yemen. He writes poetry in Nabati (colloquial Arabic.)
They are also sport enthusiasts, especially in horse and camel racing. For example, in the 15th Asian Games in 2006, his son Rashid took the individual gold in Endurance, his sons Rashid, Ahmed, Majid, and Hamdan
Sheikh Mohammed Bin Rashid Al Maktoum Latest News
Maktoum bin Mohammed bin Rashid chairs DMI Board of Directors meeting
WAM DUBAI, June 13th, 2013 -- H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of the Dubai Technology and Media Free Zone Authority, chaired here today the meeting of the Board of Directors of the Dubai ...
Posted: June 13, 2013, 9:10 am
Mohammed bin Rashid inaugurates Mohammed Bin Rashid Al Maktoum Academic Medical Center
WAM DUBAI, June 10th, 2013 -- Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has inaugurated the Mohammed Bin Rashid Al Maktoum Academic Medical Center in Dubai Medical City. The inauguration was ...
Posted: June 10, 2013, 9:22 am
One ID pass to Dubai eGovernment services
Wam According to the latest Google study, he said the UAE is in the lead worldwide with 62 per cent smartphone penetration rate and 18 per cent growth rate annually. Bin Humaidan added: "We hereby confirm our full readiness to respond to the ...
Posted: June 19, 2013, 12:58 am
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