Emir Sheikh Mohammed bin Rashid Al Maktoum
Top 5 in Top 10 Richest Royals In The World
Sheikh Mohammed bin Rashid Al Maktoum is the Vice President and Prime Minister of the United Arab Emirates (UAE), as well as the Minister of Defence and Ruler of the Emirate of Dubai. After his brother Maktoum bin Rashid Al Maktoum died in 2006, he took over as vice president.
Al Maktoum, a millionaire, makes the most of his money from real estate and is known as "one of the world's most notable real estate developers." Land he owns is administered by the state as a governmental asset. The border between the assets of the Dubai government and those of the ruling Al Maktoum family is blurred. He supervised Dubai's transformation into a worldwide city, as well as the establishment of a number of government-owned firms such as Emirates Airline, DP World, and the Jumeirah Group. Dubai Holding owns some of these. Sheikh Mohammed oversaw the building of a technology park, a free economic zone, Dubai Internet City, Dubai Media City, the Dubai International Finance Centre, the Palm Islands, and the Burj Al Arab hotel in Dubai. He also oversaw the development of the world's tallest structure, the Burj Khalifa.
Country: Dubai, UAE
Estimated net worth: $14 billion
