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CEOWORLD magazine - Latest - Money and Wealth - Al Nahyan is the World’s Richest Family for 2023

Money and Wealth

Al Nahyan is the World’s Richest Family for 2023

The Al Nahyan dynasty of Abu Dhabi (Abu Dhabi royals) has emerged as the globe’s wealthiest entity in 2023, surpassing even the combined fortunes of Jeff Bezos and Warren Buffet. With a staggering wealth totaling $305 billion, the Al Nahyans have eclipsed the long-reigning Walmart Waltons.

The Al Nahyans’ ascent to the pinnacle of annual ranking underscores their unparalleled affluence, outpacing the Waltons by a significant margin of $45 billion. Accompanying them in the upper echelons are the Al Thanis, Qatar’s royal family, illuminating the region’s surging prosperity.

This newfound preeminence isn’t solely attributable to Middle Eastern riches. Luxury juggernaut Hermès, for instance, witnessed a staggering $56 billion uptick, securing the third spot. Yet, the Al Nahyans’ narrative of success lies in shrewd investments spanning diverse sectors, from Rihanna’s Savage X Fenty to Elon Musk’s SpaceX, catapulting their net worth to unprecedented heights.

Their residences rival palaces, including the opulent $490 million Qaṣr Al-Waṭan. They also owe a fleet of megayachts, such as the $600 million Azzam and the Blue superyacht. Furthermore, their extensive car collection, owned by Sheikh Hamad bin Hamdan Al Nahyan and Sheikh Mansour bin Zayed Al Nahyan, alongside a fleet of luxurious private jets, including a $450 million Boeing 747, serve as tangible symbols of their boundless wealth.

 

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CEOWORLD magazine - Latest - Money and Wealth - Al Nahyan is the World’s Richest Family for 2023
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz