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Mohammed bin Rashid Al Maktoum was born on 15 July, 1949 in Dubai, Trucial States, is a Ruler of Dubai (born 1949). Discover Mohammed bin Rashid Al Maktoum's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 74 years old?

Popular As N/A
Occupation N/A
Age 74 years old
Zodiac Sign Cancer
Born 15 July 1949
Birthday 15 July
Birthplace Dubai, Trucial States
Nationality United Arab Emirates

We recommend you to check the complete list of Famous People born on 15 July. He is a member of famous President with the age 74 years old group.

Mohammed bin Rashid Al Maktoum Height, Weight & Measurements

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Mohammed bin Rashid Al Maktoum Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Mohammed bin Rashid Al Maktoum worth at the age of 74 years old? Mohammed bin Rashid Al Maktoum’s income source is mostly from being a successful President. He is from United Arab Emirates. We have estimated Mohammed bin Rashid Al Maktoum's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
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Source of Income President

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Timeline

1949

Sheikh Mohammed bin Rashid Al Maktoum (محمد بن راشد آل مكتوم; born 15 July 1949) is an Emirati politician and royal who is the current ruler of Dubai, and serves as the vice president, prime minister, and minister of defense of the United Arab Emirates (UAE).

1955

In 1955, he began formal education at Al Ahmedia School.

At the age of 10, he moved to Al Shaab School, and two years later, attended Dubai Secondary School.

1966

In 1966, with his cousin Mohammed bin Khalifa Al Maktoum, he attended the Bell Educational Trust's English Language School in the United Kingdom.

He subsequently studied at the Mons Officer Cadet School in Aldershot, passing out with the sword of honour as the top Commonwealth student.

He also travelled to Italy to train as a pilot.

On Mohammed's return from military training to Dubai, his father appointed him as the head of the Dubai Police Force and the Dubai Defence Force (which later became a part of the Union Defence Force) when he was only 20 years old.

1968

In January 1968, Mohammed was present when his father and Sheikh Zayed bin Sultan Al Nahyan first met in the desert between Dubai and Abu Dhabi at Argoub El Sedira to agree to the formation of a union of emirates following British notification of intent to withdraw from the Trucial States.

1971

When the new country of the United Arab Emirates was founded on 2 December 1971, Mohammed became its first minister of defence at the age of 22.

A period of uncertainty and instability followed the Union of the United Arab Emirates, including skirmishes between tribes over property, straddling new borders.

1972

On 24 January 1972, the exiled former ruler of the Emirate of Sharjah, Sheikh Saqr bin Sultan Al Qasimi, led an insurrectionist coup against his successor, Khalid bin Mohammed Al Qasimi.

Following a spirited firefight between the Union Defence Force and Sheikh Saqr's forces – mostly Egyptian mercenaries who had entered the UAE through Ras Al Khaimah – Mohammed accepted Saqr's surrender.

Sheikh Khalid had been killed in the action, leading to the accession of his brother Sultan as ruler of Sharjah.

Mohammed delivered Saqr to UAE president Zayed bin Sultan Al Nahyan, who put Saqr under house arrest in Al Ain.

1973

In 1973, Mohammed was involved in protracted negotiations with the hijackers of JAL 404, led by Japanese Red Army member Osamu Maruouka, which landed in Dubai after being hijacked as it departed Schiphol Airport.

Although unsuccessful in obtaining the release of the hostages (they were finally freed, and the 747 blown up, in Libya), he was more successful in a later negotiation with the three hijackers of KLM 861, who released the balance of their hostages and handed over the plane in return for safe passage.

1977

In 1977, Mohammed oversaw the integration of Dubai's military forces with those of the other emirates.

1995

On 3 January 1995, Mohammed's brother Sheikh Maktoum bin Rashid Al Maktoum, ruler of Dubai, signed two decrees.

2000

Allegedly, Shamsa and Latifa were forcibly medicated while held in Dubai under Mohammed's orders since 2000 and 2018, respectively.

On 16 February 2021, BBC's Panorama broadcast a documentary featuring Latifa's video messages that she made secretly under enforced detention in Dubai on her father's orders.

Mohammed is an equestrian and is the founder of the Maktoum family-owned Godolphin stable and the owner of Darley, a thoroughbred breeding operation, operational in six countries.

2006

Mohammed succeeded his brother Maktoum bin Rashid Al Maktoum as UAE vice president and ruler of Dubai following the latter's death in 2006.

A billionaire, Mohammed generates most of his income from real estate and is described as "one of the world's most prominent real estate developers".

There is a blurred line between the assets of the government of Dubai and those of the ruling Al Maktoum family.

Land which is owned by him is managed as an asset of the state.

He oversaw the growth of Dubai into a global city, as well as the launch of a number of government-owned enterprises including Emirates Airline, DP World, and the Jumeirah Group.

Some of these are held by Dubai Holding.

Mohammed has overseen the development of certain projects in Dubai, such as the Palm Islands and the Burj Al Arab hotel, as well as Burj Khalifa, the tallest building in the world.

Mohammed is the absolute ruler of Dubai and the prime minister of the UAE, a position appointed by the president.

The government is autocratic, as there are no democratic institutions, and internal dissent is prohibited.

It is characterized by scholars as authoritarian.

2012

In 2012, he rode the horse Madji Du Pont 160 km to take the FEI World Endurance Championship.

Sheikh Mohammed is the third of four sons of Sheikh Rashid bin Saeed Al Maktoum, ruler of Dubai.

The Al Maktoum family is Dubai's ruling family and descendants of the House of Al-Falasi, of which Mohammed is the tribal leader.

His mother was Sheikha Latifa bint Hamdan Al Nahyan, daughter of former ruler of Abu Dhabi Sheikh Hamdan bin Zayed bin Khalifa Al Nahyan.

Mohammed's early life was not grand.

He grew up in a house without any electricity during his early years and the family sometimes had to sleep together in one room with a fan.

A hundred people or more lived in his house, including guards and slaves.

From the age of four, Mohammed was privately tutored in Arabic and Islamic Studies.

2020

On 5 March 2020, a British court ruled that on the balance of probabilities, Mohammed had abducted two of his daughters, Shamsa and Latifa, and had threatened his former wife, the Jordanian princess Haya bint Hussein.