Sheikh Mansour bin Zayed Al Nahyan's net worth is estimated at $30-40 billion.
He is among the world's richest people and one of the richest world leaders. After the Emir of Dubai, the Sheikh is the second wealthiest person in the UAE.
Overview
Sheikh Mansour bin Zayed Al Nahyan's net worth stats
Net worth: | $30-40 billion |
---|---|
Source of wealth: | Royal family |
Date of birth: | November 20, 1970 |
Place of birth: | Abu Dhabi, United Arab Emirates |
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How did Sheikh Mansour bin Zayed Al Nahyan build his net worth?
Sheikh Mansour bin Zayed Al Nahyan's immense net worth comes from being a member of the ruling family of Abu Dhabi, an oil-rich emirate in the United Arab Emirates, and his many investments and business ventures.
He is the Deputy Prime Minister of the UAE and the minister of presidential affairs. He was appointed to political office in 1997 and has been promoted several times since then, reportedly earning a monthly income of $250 million.
Sheik Mansour has proven himself as a savvy businessman. He served as the chairman of First Gulf Bank until 2006 and has built up an investment portfolio of mostly foreign companies, including investments in high-profile tech and media companies. He owns an impressive business portfolio which consists of Mubadala Investment Company and Aabar Investments, among others.
He set up ADUG, an investment company that serves only the Abu Dhabi royal family. ADUG purchased the Manchester City Football Club team in 2008. Sheikh Mansour continues to take an active — and very expensive — interest. But what started with an investment in one soccer team developed into a franchise. Mansour's City Football Group has full ownership or a stake in several teams around the world, including Manchester City (English Premier League, England), New York City FC (MLS, USA), Melbourne City FC (A-League, Australia), and Girona FC (La Liga, Spain).
How has Sheikh Mansour bin Zayed Al Nahyan spent his wealth?
Sheikh Mansour spends incredible amounts of money on players, managers, and infrastructure for Manchester City FC and his other clubs. He has sunk hundreds of millions of dollars into the club
Formula One and horse racing are two other sports that Mansour supports. In 2005, he purchased a 5% share in Ferrari to the tune of $100 million, which was instrumental in launching the Abu Dhabi Grand Prix.
He also purchased 9.1% of Daimler AG, which owns Mercedes, and a 32% stake in Richard Branson's Virgin Galactic, said to have cost $280 million. He owns real estate in several countries and sizable holdings of tangible assets such as gold, silver, and precious gems.
Mansour's yacht, Topaz, is 483 feet long, the world's fifth largest. It boasts eight floors, three swimming pools, a gym, a jacuzzi, and a cinema and is luxuriously fitted out with nothing but the best.
Another of Mansour's passions is collecting cars. His collection includes a Mercedes SLR-McLaren, a Lamborghini Reventon, a Ferrari Enzo, five Bugatti Veyrons, and a Porsche 911 GT1.
In 2016, he bought a sprawling hunting estate that's larger than 8,000 football pitches in Valencia, Spain, to the tune of $40 million. Mansour frequents the bolthole when he is not residing in his family's opulent palace in the UAE. He has applied to construct a landing strip on the estate and a slaughterhouse from which he can export meat to the Arab world.
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FAQs
How rich is Sheikh Mansour bin Zayed Al Nahyan?
Sheikh Mansour bin Zayed Al Nahyan's net worth is estimated at $30-40 billion, making him one of the richest world leaders.
Is Sheikh Mansour bin Zayed Al Nahyan a billionaire?
Sheikh Mansour bin Zayed Al Nahyan is, without a doubt, a billionaire. His family's total wealth is estimated to be around $1 trillion.
Image: Wikimedia