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Sheikh Khalifa Net Worth: What Was Khalifa Bin Zayed Al Nahyan’s Net Worth?

Sheikh Khalifa bin Zayed bin Sultan Al Nahyan (also known as Sheikh Khalifa bin Zayed bin Sultan Al Nahyan) was the ruler of Abu Dhabi after serving as the second president of the United Arab Emirates from November 2004 until his death in May 2022.

Khalifa was the eldest son of the United Arab Emirates’ first president, Zayed bin Sultan Al Nahyan. When his father’s health began to worsen in the late 1990s, Khalifa took some of the president’s responsibilities as Abu Dhabi’s crown prince.

After succeeding his father as ruler of Abu Dhabi on November 2, 2004, the Federal Supreme Council of the United Arab Emirates elected him president the following day. During his reign as King of Abu Dhabi, he was instrumental in the establishment of cultural and educational institutions such as the Louvre Abu Dhabi, New York University Abu Dhabi, and Sorbonne University Abu Dhabi. Etihad Airways was also founded by him.

Sheikh Khalifa Net Worth

The United Arab Emirates’ non-oil economy grew and became a regional economic powerhouse under Khalifa’s leadership.

Khalifa’s low-key leadership helped the country negotiate volatile regional politics and strengthen connections with both the US and Israel, both of whom are Western allies. Prior to becoming president, he was in charge of distributing emergency bailout monies to Dubai during the 2007-2008 financial crisis.

Early Life

On September 7, 1948, Khalifa bin Zayed al Nahyan made his debut in the world in Abu Dhabi. Hassa al-Mohammad al-Khalifa was carrying the couple’s first child when his father, Al Nahyan, became the first President of the Emirate of Abu Dhabi.

At the same time, his mother was pregnant with the couple’s first child. The position of the prince was bestowed upon Khalifa, who was Zayed’s eldest son and kid. Sandhurst, more formally referred to as the Royal Military Academy for the Advancement of Military Education, is the institution from which he graduated and received his diploma.

Personal Life

Khalifa has only ever been married to one lady in his life, and her name is Shamsa bint Suhail Al Mazrouei. They were blessed with eight children: Sultan, Mohammed, Shamma, Sala, Osha, Sheikha, Lateefa, and Mouza. The children’s names are spelled out below.

Sheikh Khalifa Net Worth

It has been asserted that Khalifa has a collection of luxury properties in London valued at over $1.7 billion. The release of the Panama Papers included information about the legal firm Mossack Fonseca, which is located in Panama and handled the ownership of the properties through shell companies located in the British Virgin Islands.

According to the allegations, Khalifa suffered a stroke in the month of January in 2014. However, the operation that was performed on him helped to stabilise his condition, and he eventually made a full recovery.

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Political and Leadership Career

After his father was promoted to the position of Emir of Abu Dhabi in 1966, Khalifa was awarded the role of mayor of the Eastern Region of Abu Dhabi when he was only 18 years old. He served in this capacity until his death in 2004. It was with this appointment that Khalifa made his debut in the realm of politics and governance.

In addition to his job as Crown Prince of Abu Dhabi, Khalifa was awarded the position of Head of the Defense Department of Abu Dhabi in the year 1969. In 1971, under his direction, the Abu Dhabi Defense Unit was transformed into the major fighting force of the United Arab Emirates Armed Forces. This accomplishment was one of his many accomplishments.

When the United Arab Emirates was established in 1971, the ruler of Abu Dhabi, Khalifa, was given additional responsibilities to fulfill. In addition to his role as Prime Minister, he has previously held the positions of Minister of Defense, Minister of Finance, and Minister of Education. Following a reorganization of the government, Khalifa became the second deputy prime minister of the United Arab Emirates under the leadership of his father. He also served as the chairman of Abu Dhabi’s Executive Council.

It was in May of 1976 when he was given the promotion that made him the second-in-command of the UAE Armed Forces, after only his own father. His new title was that of deputy commander. In addition to his position as head of the Supreme Petroleum Council, which he has held continuously since the 1980s, he is also a significant figure in the energy sector of the country.

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What Was Khalifa Bin Zayed Al Nahyan’s Net Worth?

During his time in office, Khalifa bin Zayed bin Sultan Al Nahyan held the positions of Emir of Abu Dhabi, President of the United Arab Emirates, and Supreme Commander of the Armed Forces of the United Arab Emirates. Each of these responsibilities fell under the purview of Khalifa bin Zayed bin Sultan Al Nahyan. It is estimated that Sheikh Khalifa Bin Zayed Al Nahyan had a net worth of $18 billion USD at the time of his dying.

Sheikh Khalifa Net Worth

On November 5, 2004, the day after his father passed away, Sheikh Khalifa Bin Zayed Al Nahyan took over as President of the United Arab Emirates. His father had served in that role since November 4, 2004. When his father was ill in the past (starting in the late 1990s), he had effectively been executing the duties of the president in his role as the former Crown Prince. This had been the case for a number of years. In addition to his responsibilities in this capacity, Khalifa is now serving as the chairman of the Abu Dhabi Investment Authority (ADIA).

It is common knowledge that Sheikh Khalifa takes an interest in the pastimes that are typical in the UAE, most notably horse and camel racing. Many people regard him to be an advocate for the development of modern Western culture. Sheikh Khalifa dispatched the United Arab Emirates Air Force and Navy in 2011 to support the anti-Gaddafi forces in their fight against Muammar Gaddafi, alongside forces from NATO, Qatar, Sweden, and Jordan. The anti-Gaddafi forces were fighting Muammar Gaddafi.

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