The royal families of Gulf countries are counted among the richest and influential families in the world. The power of countries like United Arab Emirates, Saudi Arabia and Qatar is in the hands of these royal families. The foundation of the wealth of these families may have been laid in oil and gas, but over time they have increased their wealth manifold through global investments, technology, finance and real estate.
According to Bloomberg report, the world’s richest families have become more prosperous than ever before and their total wealth has now touched the figure of $2.9 trillion. The latest figure is $358.7 billion more than the previous figure. This clearly shows the dominance of the royal families of the Gulf countries.
Al Nahyan Family
The Al Nahyan family, which rules the United Arab Emirates, plays a big role not only in regional politics but also in the global economy. This family is the ruler of Abu Dhabi and has been dictating the direction of the country for a long time. The family’s influence was strong even before the discovery of oil, but energy resources made it extremely powerful internationally. Today the wealth of this family is $335.9 billion. Under the leadership of UAE President Sheikh Mohammed bin Zayed Al Nahyan, the family has invested heavily in artificial intelligence, new technology and industries of the future. Due to this, UAE is establishing itself as a global innovation hub by moving away from being an oil-based economy only.
Al Saud family
The Al Saud family of Saudi Arabia is among the largest and richest royal families in the world. This family laid the foundation of modern Saudi Arabia almost a century ago. The country’s huge oil reserves have been the biggest basis of this family’s economic strength. This family has a total wealth of $213.6 billion.
The special thing about the Al Saud family is that it is not just a royal family, but a huge dynasty with thousands of members. Its assets are not only private but also linked to government machinery, land, contracts and government companies. Saudi Arabia’s Sovereign Wealth Fund is counted among the world’s largest investment funds, which manages assets worth $1 trillion. Under the leadership of Crown Prince Mohammed bin Salman, Saudi Arabia is now moving beyond oil and investing in tourism, infrastructure and technology.
al thani family
The Al Thani family, which rules Qatar, is also among the richest royal families in the Gulf region. This family has been in power in Qatar since the nineteenth century. Qatar’s huge natural gas reserves made the country one of the richest countries in the world and with this the wealth of the Al Thani family also increased rapidly. It is at fourth position among the richest families. He has total assets of $199.5 billion.
The influence of this family is not limited to politics only. Its investments are spread across international hotels, insurance, construction, banking and luxury real estate. From expensive properties in major cities of Europe to fashion and lifestyle brands, the Al Thani family’s presence is visible on a global scale.
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