Today, Dubai resembles a lovely oasis in the desert. There are several opportunities for work, play, and vacation in the city. However, Dubai was once just a little village, therefore this was not always the case. Sheikh Mohammed bin Rashid Al Maktoum was able to change the terms of the agreement.
Furthermore, as the sheik was swiftly constructing the city, the sheik’s family gained wealth that would be difficult for the average person to comprehend. The lifestyle of Dubai’s wealthiest family, whose head established the nation’s Ministry of Happiness, is all the more fascinating to see. The sheik is also the Prime Minister of the United Arab Emirates, and his net worth is estimated to be around $18 billion.
Mohammed created and built a variety of key companies in the emirate of Dubai, including the Emirates Airline, the world’s most lavish hotel, the Burj Al Arab, the archipelago of man-made islands, and the world-famous Burj Khalifa Tower. In 2016, the Sheikh was chosen as Prime Minister of the UAE. The Emir of Dubai established himself in this role by announcing the foundation of two new ministries at the same time.
One of these is the Ministry of Happiness, whose sole mission is to create novel ways to “produce public good and happiness” for the people of the country. With such a “portfolio,” the sheik earned every cent of his fortune, and he invested a sizable amount of it in luxurious residences all around the world. The Sheik family, for example, lives in a 1600-square-meter, two-story penthouse in Monaco. It was purchased for $308 million by Dubai’s ruler.
The emir also owns a home in Scotland. The sheik spent $5.5 million on the estate, which contained 25,000 hectares, a 14-bedroom mansion, many guest buildings, its own stable, multiple swimming pools, and a tennis court. But not everything in the world can be bought with money. The Emir of Dubai’s wife left him in 2019 and took around $40 million for a “good life.”
A significant political issue developed when the woman fled for Berlin. The sheik wanted her return because Al Maktoum’s income is gradually increasing. And it’s possible that Dubai, which is under his administration, is anticipating brand-new, even more, grandiose initiatives.