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Inside The Parties Of Dubai's Richest Family
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LifestyleTranscript
00:00Imagine taking a modest fisherman's village and turning it into a playground for the ultra-rich.
00:05Now envision living in a palace worth a cool $500 million,
00:08sailing the seas with a fleet of yachts valued at over $2 billion,
00:12and throwing a wedding so lavish it makes Cinderella's ball look like a backyard barbecue.
00:17Welcome to the world of Dubai's richest family, where excess is the norm,
00:21and the phrase money is no object takes on a whole new meaning.
00:24Today we'll be looking at the humble beginnings of the Al Maktoum family,
00:28their jaw-dropping real estate empire, their envy-inducing car collection,
00:32including the Golden Rolls Royces, because why not?
00:35Get ready to marvel, gasp, and maybe even question your life choices
00:39as we journey into the dazzling world of Dubai's richest family.
00:42Al Maktoum family's wealth and businesses.
00:45The Al Maktoum family's immense wealth comes from a variety of sources,
00:49with a significant portion of their income stemming from their various investments in Dubai.
00:53As an oil-rich region, the family's biggest benefactor is undoubtedly the energy sector,
00:58Their investments in this sector have not only contributed to their wealth,
01:01but have also played a crucial role in the development and growth of Dubai over the years.
01:06However, the Al Maktoum family's business ventures extend far beyond the energy sector.
01:11They have significant holdings in a range of industries,
01:13including real estate, construction, finance, and tourism.
01:17These ventures have not only solidified their financial standing,
01:20but have also shaped the landscape of Dubai and beyond.
01:23One of their most prominent business ventures is the renowned air travel giant, Emirates.
01:28With an estimated worth of more than $3 billion and total assets worth nearly $190 billion,
01:34Emirates has become a symbol of luxury and excellence in the aviation industry.
01:39The Al Maktoum family's ownership of Emirates has not only contributed to their wealth,
01:43but has also played a pivotal role in making Dubai a global aviation hub.
01:47In addition to their ownership of Emirates, the Al Maktoum family has made significant investments in real estate,
01:53further solidifying their financial empire.
01:55Their portfolio includes ultra-luxurious residential communities,
01:59such as Emirates Hills, known for its exclusive villas and golf courses.
02:03The prices of a single villa in Emirates Hills can range from $3 million to nearly $30 million,
02:09catering to the affluent residents of Dubai.
02:11The family's real estate ventures also include iconic projects that have become synonymous with Dubai's skyline.
02:17The Burj Khalifa, the tallest building in the world, stands as a testament to their vision and ambition.
02:23The family reportedly spent over $1.5 billion on the development of this architectural marvel,
02:28which features 163 floors and stands at a staggering height of 2,716.53 feet.
02:35Another notable project is the Palm Jumeirah, an artificial palm-shaped island inside Dubai Bay.
02:40The Al Maktoum family invested a staggering $12 billion in the development of this man-made wonder,
02:47which is now home to dozens of ultra-luxurious hotels and resorts, attracting tourists from around the globe.
02:53And let's not forget the Dubai Mall, the largest enclosed shopping center in the world.
02:57The Al Maktoum family paid over $20 billion to create this retail paradise,
03:02which boasts over 1,200 stores and attracts more than 80 million visitors annually.
03:07With a net worth of over $20 billion, it's no surprise that the Al Maktoum family lives a life of unparalleled luxury.
03:14Their opulent lifestyle is evident in their lavish residences, extravagant car collections and luxurious yachts.
03:20The family's primary residence is the magnificent Sabil Palace, a sprawling complex covering 100,000 square feet.
03:27Located in Dubai, this architectural masterpiece is a sight to behold.
03:31Originally erected in the midst of the desert, Sabil Palace has transformed into a breathtaking oasis of refinement and sophistication.
03:39While visitors are unable to explore the inner sanctum of the palace,
03:42they are afforded a glimpse of its resplendent exterior and the captivating beauty of its surroundings.
03:48Visitors can stroll near the palace along its long driveway and enjoy the lush greenery and open space.
03:53There are lots of trees and different kinds of birds and peacocks wandering around.
03:57The driveway is lined with palm trees and UAE flags, which is a sight to see.
04:02You also get some of the best views of the Dubai frame, which represents the connection between old and new Dubai.
04:08However, the family's real estate portfolio extends beyond their primary residence and are not limited to Dubai alone.
04:14In the UK, they own a staggering 63,000 acres of prime land in Scotland, complete with a castle and a golf course.
04:21This vast estate provides them with a serene retreat in the far north of Britain, offering respite from the scorching Dubai heat.
04:28Their real estate holdings also extend to Newmarket, a town known as the home of horse racing in the UK.
04:34The family owns the Dalham Hall Stud, a world-renowned thoroughbred breeding operation.
04:38Alongside this prestigious property, they own several other training yards and stables, solidifying their presence in the equestrian world.
04:45While the exact price of these properties is not publicly available, estimates suggest that the Dalham Hall estate alone costs more than $45 million.
04:54The Al Maktoum family has also made significant investments in London, including a mansion in the exclusive Kensington Palace Gardens.
05:01This part of London, known as Billionaire's Row, is home to some of the world's wealthiest individuals.
05:06The family's property in Kensington Palace Gardens is estimated to be worth over $138 million and features 45 bedrooms, a swimming pool, a cinema and even a private hospital.
05:18They have also acquired prime lands in sunny Morocco, where they own the ultra-luxurious Palais Namaska Palace in Marrakesh.
05:24This lavish hotel, spread across 12 acres of lush green gardens, boasts 41 villas, a spa, a swimming pool and a private helipad.
05:32The family's investment in this desert oasis is estimated to be approximately $200 million.
05:38They are also avid collectors of ultra-luxurious and exotic sports cars.
05:42Sheikh Mohammed bin Rashid Al Maktoum owns a collection that includes a $1 million Mercedes-Benz SLR McLaren, a $1.5 million Ferrari Enzo and a $2.5 million Lamborghini Reventon.
05:54His fleet also includes Rolls-Royces, Bentleys and other luxury vehicles.
05:58However, his most prized possessions are a $2.2 million Devil 16, designed especially for him, and a $4 million Bugatti Veyron.
06:07Crown Prince Hamden, known for his extravagant lifestyle, takes car indulgence to another level.
06:11His collection includes $8.2 million Golden Rolls-Royce Phantom, a $7.5 million Golden Lamborghini Aventador, a $5.8 million Golden Porsche 918 Spyder and a $3.2 million Golden Range Rover Vogue.
06:25His garage also houses one of the nine $4.5 million Lamborghini Veneno Roadsters ever produced.
06:31Crown Prince Hamdan's car collection is a testament to his love for luxury and his desire to stand out in the crowd.
06:37But their love for luxury vehicles doesn't end with cars.
06:40The Al Maktoum family owns a fleet of ultra-luxurious yachts, with a combined worth of more than $2 billion.
06:45Their prized possession is the 531-foot-long Dubai, an ultra-luxurious yacht that cost around $400 million.
06:53The family also owns other luxurious yachts such as the Quattro El, Moonlight 2, Al Saeed, Serene and Topaz, with rumored values ranging from $90 million to $500 million.
07:04The Al Maktoum family's wealth and businesses are nothing short of extraordinary.
07:07From their investments in Dubai's energy sector, real estate, construction, finance and tourism, to their ownership of prominent companies like Emirates,
07:16they have built an empire that has transformed Dubai into a global city.
07:20But beyond their material possessions, the Al Maktoum family's influence extends to the political realm, both within the United Arab Emirates and on the global stage.
07:28Their wealth and power have made them key players in shaping Dubai's economy, and have positioned them as influential figures in international affairs.
07:36While their lifestyle may seem unimaginable to many, it is a testament to their success and the heights they have reached.
07:42The Al Maktoum family's story is one of ambition, vision and the ability to turn dreams into reality.
07:47Transformation of a Fisherman's Village
07:49In the early 19th century, a small fisherman's village nestled on the coast of the Persian Gulf, known today as Dubai,
07:55was a humble community of fishermen who relied on the sea for their livelihood.
07:59However, little did they know that their village would undergo a remarkable transformation that would put it on the global map.
08:05The story begins with the Al Maktoum family, who settled near the fisherman's village.
08:09In 1833, the family, consisting of one king, three wives, 23 children and numerous grandkids, split from the Banias dynasty and landed on the mouth of a stream that would later be known as Dubai Creek.
08:20While other families moved on, the Al Maktoum family remained in control, establishing Dubai as a coastal city for fishing and marine trade.
08:28Over the years, the Al Maktoum family played a pivotal role in the development of the village.
08:33Their leadership and vision turned Dubai into a thriving hub for trade and commerce.
08:36Sheikh Mohammed bin Rashid Al Maktoum, the current ruler of Dubai, has been in power since 2006, following the passing of his older brother.
08:44Not only is he the ruler of Dubai, but he also holds the titles of vice president and minister of defense.
08:50Under Sheikh Mohammed's leadership, Dubai has experienced unprecedented growth and transformation.
08:55His investments in school infrastructure, charities and international events have shaped Dubai into the vibrant city it is today.
09:02With an estimated net worth of $18 billion, Sheikh Mohammed's dedication to the development of Dubai is evident.
09:08The Fisherman's Village, once a humble community, has now become a cultural hotspot and a playground for the wealthy and well-known.
09:15It is a city that attracts businesses, investors and tourists from all corners of the globe.
09:20But what sets Dubai apart is the unique approach of its royal family in shaping the city's identity.
09:25The Al Maktoum family, led by Sheikh Mohammed bin Rashid Al Maktoum, has not only transformed Dubai physically, but also in terms of its reputation.
09:34Despite their immense wealth, the royal family of Dubai is known for their humility and generosity.
09:39While the city is filled with extravagant displays of wealth, the royal family themselves do not participate in such lavish shows.
09:46Sheikh Mohammed's eldest son, Hamdan bin Mohammed bin Rashid Al Maktoum, is widely recognized and adored by the people.
09:53Affectionately known as Faza, he has a significant following on social media, where he shares glimpses of his adventurous lifestyle.
10:00Faza's Instagram account showcases his love for nature, poetry and photography, making him a relatable figure to many.
10:07But it's not just Faza who captures the attention of the world.
10:10The entire royal family of Dubai maintains a personal touch with the city's residents through social media and regular appearances at events.
10:17They are frequently seen driving and walking around Dubai's central area, actively involved in charities and always present at social gatherings.
10:25This level of accessibility and engagement is unusual for a royal family, especially in a society where many governing families prefer to keep their personal lives private.
10:34The Al Maktoum family, however, invites their citizens into their daily lives, creating a sense of connection and familiarity.
10:40Social media plays a significant role in the lives of the royal family.
10:44Sheikh Mohammed, his daughter and even one of his spouses have popular Instagram accounts with millions of followers.
10:50Through these accounts, they not only showcase their lavish lifestyles, but also make major announcements, giving the people a glimpse into their world.
10:58One of the most beloved members of the royal family is Princess Haya bint Hussein, Sheikh Mohammed's third and most recent wife.
11:05She is known for her humanitarian work as a peace messenger for the United Nations and the head of Dubai's worldwide humanitarian city.
11:12Princess Haya's love for journalism and her belief in the power of honest reporting make her an admirable figure.
11:18While the royal family's presence on social media has its critics, it is undeniable that their approach has made them more relatable and accessible to the people of Dubai.
11:26They have shattered the traditional image of a distant and untouchable royal family, creating a sense of connection and admiration.
11:32While the royal family of Dubai is widely respected and admired, it is not without its controversies.
11:38One such controversy revolves around Princess Latifa, the daughter of Sheikh Mohammed bin Rashid al-Maktoum.
11:44In early 2018, Princess Latifa made headlines when she publicly announced her decision to leave her family.
11:50In a series of videos released on YouTube, she detailed the restrictions she faced, including not being allowed to have a passport or travel without official permission.
11:58According to sources and friends close to the princess, she managed to flee abroad but was later arrested off the coast of India and hasn't been seen or heard from since.
12:07The disappearance of Princess Latifa has raised questions and added a layer of mystery to the otherwise open and happy image of the royal family.
12:14While some doubt the princess's allegations, others believe that her case highlights the complexities and challenges faced by individuals within powerful families.
12:22It is important to remember that not everything we see on social media or in the public eye reflects the complete truth.
12:29The royal family of Dubai, like any other, has its private struggles and controversies.
12:33However, it is also crucial to acknowledge the positive impact they have had on Dubai and the world.
12:38Despite the controversy surrounding Princess Latifa, the royal family of Dubai continues to be seen as extraordinary figures who have done a lot for their people and the world.
12:46Their commitment to philanthropy, their humble approach to ruling, and their dedication to the development of Dubai have made them both exciting and respected figures.
12:55While we may not have a complete understanding of the truth behind the controversies, it is clear that the royal family of Dubai has played a significant role in shaping the city and its global reputation.
13:06Extravagant lifestyle and real estate holdings.
13:09As earlier discussed, Dubai is a city that was once a small fisherman's village on the coast of the Persian Gulf.
13:14With the passing years, it has undergone a remarkable transformation thanks to the vision and influence of the Al Maktoum family.
13:21About two centuries ago, when luxury cars, private jets, and yachts were mere fantasies, the Al Maktoum settled near this humble village.
13:28Little did anyone know that this family would become a powerhouse not only in the region of the United Arab Emirates, but in the entire world.
13:35Under the leadership of Sheikh Mohammed bin Rashid Al Maktoum, Dubai has emerged as a global city, attracting businesses and investors from around the globe.
13:44The city itself is a genuine piece of heaven in the middle of the desert, offering immense pleasures and business opportunities for all its guests.
13:51Dubai's rise to prominence is nothing short of extraordinary.
13:54It has become a hub for finance, tourism, and trade, thanks in large part to the efforts of the Al Maktoum family.
13:59Under their guidance, Dubai has become a magnet for international businesses, with its strategic location providing easy access to markets in Asia, Europe, and Africa.
14:09One of the most remarkable aspects of Dubai's transformation is its skyline, dominated by some of the world's tallest buildings.
14:15At the forefront is the iconic Burj Khalifa, the tallest building in the world.
14:20The Al Maktoum family reportedly spent over $1.5 billion on the development of this architectural wonder, which features 163 floors and stands at a staggering height of 2,716.53 feet.
14:33The Burj Khalifa has become a symbol of Dubai's ambition and grandeur, attracting tourists and visitors from all corners of the globe.
14:40But the Al Maktoum family's influence extends beyond just skyscrapers.
14:44They have also invested heavily in the development of landmark projects that have put Dubai on the map.
14:48One such project is Palm Jumeirah, an artificial palm-shaped island inside Dubai Bay.
14:54The Al Maktoum family invested over $12 billion in the development of this man-made wonder, which is now home to dozens of ultra-luxurious hotels.
15:02The Palm Jumeirah has become a playground for the rich and famous, offering unparalleled luxury and breathtaking views.
15:08Another significant project developed by the Al Maktoum family is Dubai Mall, the largest enclosed shopping center in the world.
15:15With over 1,200 stores and an annual footfall of over 80 million visitors, Dubai Mall is a shopper's paradise.
15:22The Al Maktoum family spared no expense, investing over $20 billion to create this retail haven.
15:27From high-end fashion brands to gourmet dining experiences, Dubai Mall offers a truly extravagant shopping experience.
15:33But the Al Maktoum family's impact on Dubai goes beyond just these landmark projects.
15:39They have also invested billions in infrastructure projects, including airports, ports and highways.
15:44These investments have helped make Dubai one of the most connected cities in the world, with easy access to markets in Asia, Europe and Africa.
15:52The Al Maktoum family's commitment to developing Dubai's infrastructure has played a crucial role in attracting businesses and investors to the city.
15:59Under the leadership of Sheikh Mohammed bin Rashid Al Maktoum, Dubai has become a global city that offers not only immense pleasures, but also unparalleled business opportunities.
16:09The family has also made significant investments in domestic real estate, creating a portfolio of ultra-luxurious homes that showcase their opulent lifestyle.
16:16At the forefront of their property list is the family's residence, the Zabil Palace.
16:21Located in the neighborhood of Zabil, the palace features luxurious living spaces, private gardens, and has slowly become a stop for every tourist visiting the area.
16:31It is a true testament to the Al Maktoum family's unwavering taste and class.
16:35Emirates Hills is another high-profile real estate investment of the family.
16:39This ultra-luxurious residential community in Dubai is known for its exclusive villas and golf courses.
16:45Designed as a secluded space for the ultra-rich, Emirates Hills boasts prices starting from $3 million and reaching nearly $30 million for the most extravagant properties.
16:55The Al Maktoum family has also created the Dubai Creek Palace, a residential development where prices start from a mere $381,000 and can go as high as $2 million.
17:05This project offers a range of options for those seeking a taste of luxury in Dubai.
17:09Burj Khalifa, the tallest building in the world, is a testament to the Al Maktoum family's ambition and grandeur.
17:14The family reportedly spent over $1.5 billion on the development of this architectural marvel, which features 163 floors and stands at a staggering height of 2,716.53 feet.
17:28Burj Khalifa has become an iconic symbol of Dubai's skyline and a must-visit destination for tourists and visitors.
17:34Palm Jumeirah, the artificial palm-shaped island, is another remarkable project developed by the Al Maktoum family.
17:41With an investment of over $12 billion, they have created a man-made wonder that is now home to dozens of ultra-luxurious hotels.
17:48Palm Jumeirah offers a unique living experience, combining stunning views with unparalleled luxury.
17:54Dubai Mall, the largest enclosed shopping center in the world, is yet another testament to the Al Maktoum family's commitment to creating extravagant spaces.
18:02With over 1,200 stores and an annual footfall of over 80 million visitors, Dubai Mall is a shopper's paradise.
18:10The Al Maktoum family's investment of over $20 billion has created a retail haven that offers a truly extravagant shopping experience.
18:17But the Al Maktoum families have expanded their holdings beyond the borders of the United Arab Emirates.
18:22One notable example is their prime land in Scotland, where they own a staggering 63,000 acres.
18:28This land includes a genuine castle and a golf course, providing a retreat from the summer heat of Dubai in the far north of Britain.
18:35The family also has a significant presence in Newmarket, a town in the UK known as the home of horse racing.
18:41Their real estate holdings in Newmarket include the Dalham Hall Stud, a world-renowned thoroughbred breeding operation, as well as several other training yards and stables.
18:50While the exact price of these properties is not publicly available, estimates suggest that the Dalham Hall estate alone costs more than $45 million.
18:58To further solidify their status as global real estate investors, the Al Maktoum family has also acquired high-end residential and commercial properties in London.
19:07One notable property is their mansion in the exclusive Kensington Palace Gardens, known as Billionaire's Row.
19:13This property, estimated to be worth over $138 million, features 45 bedrooms, a swimming pool, a cinema and even a private hospital.
19:21The Al Maktoum family's real estate portfolio extends even further, with prime lands in sunny Morocco.
19:27Their most notable possession in Morocco is the ultra-luxurious Palais Namaska Palace in Marrakesh.
19:32Set on 12 acres of lush green gardens, this lavish hotel boasts 41 villas, a spa, a swimming pool and a private helipad.
19:40The Dubai royal family reportedly spent approximately $200 million on this gem in the middle of the desert.
19:46Another notable addition to their international portfolio is their extensive land holdings in Scotland.
19:52With a staggering 63,000 acres of prime land, the Al Maktoums have created a genuine estate in the far north of Britain.
19:59This land includes a castle and a golf course, providing a retreat from the scorching summer heat of Dubai.
20:05Their international real estate investments also extend to the most luxurious country in the world, Monaco.
20:10The Al Maktoum family owns a $323 million penthouse overlooking the stunning cityscape of Monaco.
20:17This apartment is nothing short of a masterpiece and rightfully ranks among the 10 most expensive homes in the world.
20:22With its breathtaking views and unparalleled luxury, it is a true testament to the Al Maktoum family's extravagant lifestyle.
20:29The Al Maktoum family's international real estate portfolio is genuinely inspiring.
20:34Their properties span across continents, from the lush landscapes of Scotland to the bustling streets of London and the exotic charm of Morocco.
20:41These properties not only showcase their immense wealth, but also serve as symbols of their global influence and status.
20:47But their real estate investments are not limited to residential properties alone.
20:51The Al Maktoum family has also made significant investments in commercial properties, further diversifying their portfolio.
20:58Their holdings include prime office spaces, retail centers and hotels, solidifying their presence in the global real estate market.
21:05Their collection of cars, yachts and planes further showcases their extravagant taste and lifestyle.
21:10But they are known for their passion for horse racing, their private zoo and their commitment to preserving the Dubai culture.
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21:23See you next time.
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