Who is Sheikh Khalifa bin Zayed Al Nahyan as UAE president value $150 billion dies

Sheikh Khalifa Bin Zayed Al Nahyan handed away on Friday, 13 May 2022, based mostly on The Sun. The 73-year-old, who has a £120 billion fortune, is survived by his partner and eight kids.

Emirates News Agency (WAM) confirmed the passing of Sheikh Khalifa on Friday morning by way of Twitter.

The nation will enter a 40-day mourning interval with flags flown at half-mast for its entirety, and a three-day work ban.

He was reportedly battling an illness for years; the 73-year-old suffered a stroke in January 2014, so his half-brother, Crown Prince Sheikh Mohammed Bin Zayed, had been ending up the state’s public affairs in current instances.

Who is Sheikh Khalifa Bin Zayed Al Nahyan?

Born 7 September 1948 to Zayed Bin Sultan Al Nahyan and Hassa Bint Mohammed Al Nahyan, he was the eldest of 29 kids.

He assumed the place of ruler’s advisor throughout the jap space of Abu Dhabi upon his father’s appointment as Emir of Abu Dhabi in 1966.

Before he modified his father roles in November 2004, he held a variety of roles, along with Abu Dhabi’s prime minister, minister of defence and minister of finance amongst others.

The world’s tallest developing, the Burj Khalifa, was named after the president following his $10 billion assist to Dubai all through their 2009 financial catastrophe.

He is probably going one of many wealthiest monarchs

As the ruler of the UAE’s richest emirate, he’s possible one of many world’s most wealthy monarchs, based mostly on Forbes.

Along with administration of 97.8 billion barrels of oil reserves, he served as a result of the chairman of the Abu Dhabi Investment Authority, a sovereign wealth fund with $830 billion in property – the president was named the forty third strongest explicit particular person in 2018.

The Al Nahyan family has a collective fortune of £150 billon, as per Forbes.

Sheikh Khalifa is survived by his partner and eight kids

Married to Shamsa bint Suhail Al Mazrouei, they shared two sons – Sultan and Mohammed – and 6 daughters: Sheikha, Mouza, Osha, Salama, Shamma, and Latifa.

Mohammed Bin Zayed – generally called MBZ – is rumoured to succeed Khalifa, though Dubai ruler and UAE vice chairman, Mohammed Bin Rashid Al Maktoum, in the meanwhile serves as showing president.

A successor will possible be elected inside 30 days as a result of the federal supreme council, which unites the rulers of the seven emirates, meet.