Tuesday, April 30, 2013

Sheikh Mohammed bin Rashid Al Maktoum and Princess Salama wedding cost $100 million

Sheikh Mohammed bin Rashid Al Maktoum and Princess Salama wedding cost $100 million, Sheikh Mohammed bin Rashid Al Maktoum (Arabic ???? ?? ???? ?? ?????; Muhammad bin Rashid al Maktum), also Sheikh Mohammed, (born July 22, 1949), is the Prime Minister and Vice President of the United Arab Emirates (UAE), and constitutional monarch of Dubai.
He is the third of Rashid bin Saeed Al Maktoum’s four sons (members of Dubai’s ruling family Al Maktoum and descendants of the House of Al-Falasi, of which he is the tribal leader). From the age of four, Sheikh Mohammed was privately tutored in Arabic and Islamic Studies.

In 1955, he began his formal education at Al Ahmedia School. At the age of 10, he moved to Al Shaab School, and two years later, he went to Dubai Secondary School. In 1966, he and his cousin, Sheikh Mohammed bin Khalifa Al-Maktoum, attended the Bell Educational Trust’s English Language School in the United Kingdom.[citation needed]
His senior wife is Sheikha Hind bint Maktoum bin Juma Al Maktoum whom he married in 1979.

His best-known junior wife is HRH Princess Haya bint Al Hussein, daughter of King Hussein of Jordan and half-sister of current King Abdullah II of Jordan, whom he married on April 10, 2004, and with whom he has two children, a daughter, Al-Jalila, born December 2, 2007 and a son, Zayed, born January 7, 2012. Sheikh Mohammed announced the arrival of his son Zayed on Twitter.

Sheikh Mohammed has 21 officially acknowledged children, eight sons and thirteen daughters, whom his heir and three daughters married with Middle East royalties :

Al Maktoum, his sons, and his daughters are known to be avid enthusiasts of traditional Arabic poems and arts, and take part in projects to aid developing countries such as Jordan, Egypt, the Palestinian Authority and Yemen. He writes poetry in Nabati (colloquial Arabic.)

They are also sport enthusiasts, especially in horse and camel racing. For example, in the 15th Asian Games in 2006, his son Rashid took the individual gold in Endurance, his sons Rashid, Ahmed, Majid, and Hamdan took the team gold in Endurance, his niece Latifa took a bronze in Show Jumping, and his daughter Maitha led the UAE team in taekwondo .

Sheikh Mohammed is a major figure in international thoroughbred horse racing and breeding. In late 1981, he purchased Gainsborough Stud at Woolton Hill, near Newbury, Berkshire, United Kingdom. He owns Ballysheehan Stud in County Tipperary, Ireland. He also owns Gainsborough Farms Inc in Versailles, Kentucky, United States. His racing operations includes the ownership of Darley Stables and he is the leading partner in his family’s Godolphin Stables.

Sheikh Mohammed hosts the Dubai World Cup, the world’s richest series of horse races.[citation needed]
In the UK, his horses have won numerous important Group One races including several of the British Classic Races. His horses have also won the Irish Derby Stakes and the Prix de l’Arc de Triomphe and in the United States the 2006 Preakness Stakes with Bernardini.[citation needed]

In 2008, he bought the Woodlands Stud empire for more than $460 million.
On January 3, 1995, Sheikh Maktoum bin Rashid Al Maktoum signed two decrees that appointed Sheikh Mohammed as Crown Prince of Dubai.
Sheikh Mohammed oversaw the development of numerous projects in Dubai including the creation of the Palm Islands and the luxury Burj Al Arab hotel. He also promoted the construction of Burj Khalifa, which is now the tallest free-standing structure in the world, world’s tallest building; its official opening was on Monday, 4 January 2010. During his tenure as Crown Prince he set up Dubai Holding, the debt laden and financially troubled holding company with multi-diversified businesses and investments. He currently owns 99.67% of the company.

After roughly a decade of de facto rulership, he became the Ruler of Dubai on January 4, 2006 upon the death of his elder brother Sheikh Maktoum bin Rashid Al Maktoum. He was also nominated by the President of the UAE, Sheikh Khalifa bin Zayed Al Nahyan, to be the next Prime Minister and Vice President of the UAE on January 5, 2006. The members of the UAE Federal National Council accepted the President’s nomination shortly after.[citation needed]
His family wealth in March 2012 is estimated at USD$ 79.5 billion by Forbes magazine.[citation needed]

Sheikh Mohammed bin Rashid Al Maktoum has been known for his vast charitable donations. On May 19, 2007, he announced plans to give 10 billion USD to set up the Mohammed bin Rashid Al Maktoum Foundation, an educational foundation in the Middle East. Sheikh Mohammed stated that the money is meant to bridge the knowledge gap between the Arab region and the developed world. The announcement was made at the 2007 World Economic Forum in Jordan.

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