Sheikh Khalifa Bin Zayed Al Nahyan Net Worth

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What’s Khalifa bin Zayed Al Nahyan’s Net Worth?

Khalifa bin Zayed bin Sultan Al Nahyan is the president of the United Arab Emirates, the supreme commander of the United Arab Emirates Armed Forces, and the Emir of Abu Dhabi. Khalifa bin Zayed bin Sultan Al Nahyan has a net worth of $18 billion {dollars}.

He turned the President of the UAE the day after his father’s demise, November 3, 2004. As the previous Crown Prince, he had successfully been appearing as president earlier (for the reason that late ’90s) as his father was in sick well being. Khalifa can also be chairman of Abu Dhabi Funding Authority (ADIA).

Sheikh Khalifa is thought for his curiosity in sports activities conventional to UAE, mainly horse and camel racing. He’s usually considered a pro-Western modernizer. In 2011, Sheikh Khalifa despatched within the UAE’s Air Power and Navy to help the anti-Gaddafi forces in opposition to Muammar Gaddafi alongside NATO, Qatar, Sweden and Jordan. In January of 2014, Sheikh Khalifa suffered a stroke and was reported to have undergone an operation, however was mentioned to be in secure situation. Additional, on the philanthropic facet of issues, Sheikh Khalifa based the Khalifa Award for Training, the UAE Pakistan Help Program and the Khalifa bin Zayed Al Nahyan Specialty Institute for Most cancers Prognosis and the Ahmed bin Zayed Al Nahyan Pancreatic Most cancers Middle, funded by the middle’s largest grant within the historical past of its existence.

Early Life 

Khalifa was born on September 7, 1948 in Abu Dhabi born to folks Hassa bint Mohammed bin Khalifa Al Nahyan and Zayed bin Sultan Al Nahyan, the primary president of the United Arab Emirates. Khalifa is the eldest son of Zayed. He attended the Royal Navy Academy Sandhurst.

Political and Management Profession

Khalifa first develop into concerned in politics and authorities when his father turned the Emir of Abu Dhabi in 1966, at which level he was appointed the mayor of the Jap Area of Abu Dhabi on the age of 18. In 1969, Khalifa was appointed the Crown Prince of Abu Dhabi and the Head of the Abu Dhabi Division of Protection. Below his management, the Abu Dhabi Protection Power turned the core of the UAE Armed Forces in 1971.

When the UAE was established in 1971, Khalifa took on extra management roles in Abu Dhabi. He turned the Prime Minister, head of the Cupboard, Minster of Protection, and the Minister of Finance. Following a reorganization of the Cupboard, Khalifa turned the twond Deputy Prime Minister of the United Arab Emirates and Chairman of the Government Council of Abu Dhabi, beneath his father.

By Could of 1976, he turned deputy commander of the UAE Armed Forces, solely decrease in rank to his father. He additionally turned head of the Supreme Petroleum Council within the Nineteen Eighties, a place which he continues to carry given the quantity of energy he wields in points associated to grease, pure gasoline, and power.

When his father turned sick within the Nineties, Khalifa started assuming the roles of the president although he didn’t formally develop into Emir of Abu Dhabi and President of the United Arab Emirates till November 3, 2004 following the demise of his father the day earlier than.

KARIM JAAFAR/AFP/Getty Pictures

Information present that Khalifa had been planning the development of his palace since 1995, when he had begun shopping for up acres of land on the Seychelles’ most important island of Mahé. Since then, the UAE has supplied massive assist packages to the Seychelles’ authorities to bolster their social companies applications and navy, which is required to cease piracy off the coasts of the Seychelles. Building of the palace was set to start in 2005, after Khalifa had bought one other parcel of lad however there have been some issues with the constructing plans. Authorities within the Seychelles had initially rejected the plans, however that call was overturned by the cupboard of President James Michel. A month after employees broke floor, the nation’s nationwide utility nation reported that the proposed palace could pose a risk to the nation’s water provide. Additional issues got here in 2010 when the beneath building palace’s sewage system overflowed and despatched rivers of waste by way of the area, affecting the houses of 8000 residents. An investigation discovered that Ascon, the constructing firm, had ignored an variety of well being and constructing codes. Officers from Khalifa’s authorities arrived shortly to assist resolve the matter and provided $15 million to interchange the water piping system within the area in addition to funds to the affected households.

In the meantime, Khalifa sought reelection in 2009 and simply received, retaining the workplace of the presidency for a second five-year time period. A pair years later, in 2011, Khalifa despatched the United Arab Emirates Air Power to help NATO forces within the navy intervention in Libya in opposition to Muammer Gaddafi. The identical yr, the UAE initiated a program to advertise allegiance to Khalifa, in addition to different Emirati leaders. This system is designed to encourage nationals and residents to register their appreciation and loyalty to the leaders of the Emirates. In August of 2015, Khalifa authorised massive quantities of meals and assist provides to be given to the folks of Yemen by way of the Khalifa bin Zayed Al Nahyan Basis. Virtually 8,000 tons of provides and medication have been despatched.

Khalifa received reelection in 2014 in addition to 2019. In February of 2022, Khalifa licensed a partnership settlement between the UAE and Israel on issues associated to healthcare and tourism.

Private Life

Khalifa solely is wed to at least one lady – Shamsa bint Suhail Al Mazrouei. Collectively, they’ve had eight kids – Sultan, Mohammed, Shamma, Salama, Osha, Sheikha, Lateefa, and Mouza.

It has been reported that Khalifa owns over $1.7 billion in luxurious properties in London. Whereas he would not straight personal them, it was reported within the Panama Papers leak that the properties are owned through shell firms within the British Virgin Islands that have been managed by the Panamanian legislation agency, Mossack Fonseca.

In January of 2014, it was reported that Khalifa suffered a stroke. Nevertheless his situation was stabilized and he recovered after present process an operation.

Khalifa is taken into account to be one of many wealthiest people on the earth. In 2013, he commissioned the development of an excellent yacht, known as Azzam, which might develop into the longest motor yacht ever constructed at 590 ft. The price of building was between $400 and $600 million. He has additionally obtained plenty of honors from international states. He was named an Honorary Knight Grand Cross of the Most Honourable Order of the Bathtub by the UK and was named a Knight Grand Cross of the Order of the Netherlands Lion by the Netherlands.


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