Richest family in the world

Rankings
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Which is the richest family in the world and how did they make their money?

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The Al Nahyan Family- $305 billion

They are the descendants of Sheikh Zayed bin Sultan Al Nahyan of the UAE.
They’ve garnered this wealth due to huge oil reserves ownership and sovereign wealth funds as the rulers of Abu Dhabi.

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The Al Nahyan family is regarded as the wealthiest family globally, with an estimated net worth of $305 billion, as reported by sources like Bloomberg.

As the royal family of Abu Dhabi, one of the emirates comprising the United Arab Emirates (UAE), their wealth stems from several sources:

  1. Oil Reserves: Abu Dhabi boasts extensive oil reserves, and the Al Nahyan family controls these resources due to their position as rulers. The exploitation of oil in the region has significantly contributed to their wealth.
  2. Sovereign Wealth Funds: The UAE operates sovereign wealth funds, large investment pools funded by the government’s oil revenue. Given their status as the ruling family, the Al Nahyan family likely wields considerable influence over these funds and the profits they generate.
  3. Diversified Investments: Beyond oil and sovereign wealth funds, the Al Nahyan family likely has investments across various sectors, including real estate, hospitality, and other industries, contributing to their diversified wealth portfolio.