The President of the United Arab Emirates, Sheikh Khalifa bin Zayed Al Nahyan, died on Friday at the age of 73. This news was given by UAE’s news agency WAM. In the year 2019, Sheikh was elected President for a five-year term for the fourth time. 40 days of mourning has been observed in UAE on the death of Sheikh Khalifa. According to the UAE’s constitution, Sheikh Mohammed bin Rashid-al-Makhtoum, the Vice President and Premier, will assume the responsibility of Al Nahyan until the Federal Council elects a new president. Sheikh Khalifa is also recognized for the radical change in the UAE and making it prosperous. In 2004, Sheikh Khalifa took over the throne of the UAE after the death of his father. He was the second President of UAE. Talking about the net worth of Sheikh Khalifa, he was one of the richest emperors in the world. His net worth is considered to be more than $875 billion. It is said about him that his properties are present all over the world. There are many of these, which were bought in the name of Sheikh, but Sheikh had never even seen those properties.
richest land lord of london
Talking about the wealth of Sheikh Khalifa, he is counted among the richest land lords of London. There are not one but two buildings and buildings in London, which have been bought in the name of Sheikh. According to the report of The Guardian, published in 2020, there was a secretive deal of 5.5 billion pounds of real estate in London, in which documents related to business dealings related to Sheikh were revealed.
Talking about property in London, Sheikh’s properties are present in the most expensive areas there. These areas are considered to be areas with super prime commercial and residential properties. The price of a block present here is more than 20 million pounds. Apart from this, if we talk about the tenants using Sheikh’s property, then according to the report their number is about 1000. It was also revealed in the Panama Papers how several dozen property deals were done in London in the name of President Sheikh, which amounted to more than 1.2 billion pounds. In 2015, Sheikh had spent £1 billion to buy five properties in London. The total value of the property in London is more than £5.5 billion, while the rental income is £160 million. Sheikh was counted among the largest building owners in London.
The owner of billions of barrel reserves
According to a Forbes report, Sheikh controls 97.8 billion barrels of crude oil reserves. This is the largest part of his wealth. Talking about the value of this crude oil, it is more than $ 830 billion. According to Forbes, the net worth of Al Nahyan’s family is said to be more than $ 150 billion. In the year 2018, Forbes placed him at the 45th position in the list of the most powerful people in the world.
Sheikh’s property in Spain
Not only London or one or two countries, but Sheikh’s property is in many countries. Spain also has a name in it. But you will be surprised to know that there is such a property of Sheikh present in Spain, where no one has come for a decade. According to the report of the website Daily Mail, a villa belonging to Sheikh’s family is near Madrid. This villa is located 40 miles from the capital of Spain, Madrid, but no one came here for the last 17 years. Once 17 years ago, Sheikh’s son had come, who had gone without spending the night. This villa is of 11 bedrooms, only the care takers who manage it live there. In 1989, Sheikh’s family bought this villa from Mick Flick for 18 million pounds.
400 million pound yacht
Shaikh is known for his wealth as well as for his Shaan-o-Shaukat. Sheikh was the owner of a state-of-the-art yacht, which was said to be worth 400 million pounds. This yacht could have more than 50 rooms (suites), gym, pool, disco, golf training room and accommodation for more than 100 people. Talking about its size, it is considered to be the longest yacht in the world. Its length is 590 feet. This yacht is present with Sheikh since 2013. This yacht was named Azzam.
Burj Dubai renamed in honor of Sheikh
Burj Khalifa, the tallest building in the world, is named in honor of Sheikh Khalifa bin Zayed Al Nahyan. Earlier the name of this building was Burj Dubai. One of the reasons behind naming this name was also that Abu Dhabi helped pay off the debt of 8.21 billion pounds of Dubai.
Seven-storey palace built on the hill
Seychelles, an island in the Indian Ocean, is also known for its tourism. Sheikh had announced to help the island $ 130 million. But apart from this there is one more thing in Seychelles, for which Sheikh became famous all over the world. Sheikh built a seven-storey Emirati Palace on a hill in the Seychelles. It has been manufactured by Sheikh’s company himself. According to the report of the luxuothailand website, local people had complained that the company that built the palace had brought its workers through big jumbo planes. Due to the construction of the palace on a huge scale, a complaint of pollution was also registered there.