HOW THE CROWN PRINCE OF DUBAI SPENDS HIS BILLIONS
The Crown Prince of Dubai or "Fazza" from the Royal Family is one of the world's few
billionaires and his story will amaze you! When you think of Dubai, you probably think
of luxury shopping, expensive cars, and people with lots of money. But did you know that
this city of the United Arab Emirates has its very own royal family?
In fact, the UAE is a federation made up of seven emirates that are each ruled by an absolute
monarch. When it comes to Dubai, the Al Maktoum family has been ruling the area since 1833
and Sheikh Mohammed bin Rashid Al Maktoum is in charge. His son, Sheikh Hamdan bin Mohammed
bin Rashid Al Maktoum, was appointed the Crown Prince of Dubai back in 2008, which means
he's next in line to be the ruler. While the Al Maktoum family might not be as
popular internationally as the British royals are, Sheikh Hamdan is a royal that truly deserves
publicity. Though he's the son of a billionaire, the Crown Prince of Dubai strives to be humble
and not let money rule his life. Besides helping to rule Dubai, his favorite things to do are
travel, take part in extreme sports, go horseback riding, and write poetry. He actually writes
poetry under the pen name "Fazza," which means a person who speeds to the help and support
of others in the Emirati dialect.
If you want to find out how Sheikh Hamdan spends his family's billions, you need to
watch this video. Not only has he traveled around the world extensively which you can
see for yourself on his Instagram page he is also a very generous man. When one fellow
Emirati pleaded for financial aid with his cancer treatments on social media, the Crown
Prince offered to pay the entire bill.
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While Sheikh Hamdan attended the Rashid School for boys for his primary schooling in Dubai
he went on to study in the UK at the Royal Military Academy Sandhurst a prominent school
of which Prince Harry and Prince William are also notable alumni. In addition to his military
academy training, Sheikh Hamdan also took some economics courses at the London School
of Economics and Dubai School of Government. Yet his most important schooling in leadership
and public administration came from working alongside his father. Sheikh Hamdan is following
in the footsteps of his father and although he holds the prestigious title of Crown Prince
of Dubai he's still a down-to-earth guy and you can reportedly see him driving his car
around Dubai going to local restaurants and talking with the people of his City.
Now that you know a little bit more about who the crown prince is we can get into the
fun part of dissecting his spending habits but make no mistake about it. Although he
has a lot of money to play around with he believes that it's important to not give money
such high importance in life. He's written poems about his feelings towards materialism
and modesty emphasizing the importance of being humble and not showing off. Like we
mentioned, his Instagram feed is full of pictures from around the world from hiking through
California's Yosemite National Park to going on a safari in Tanzania. It's clear that the
crown prince is a keen adventurer that's making the most out of life. The crown prince was
a travel influence due to the number of trips he took. While he did snap a picture of himself
taking a ride on the London Underground, we still imagine that his travels must have cost
him a small fortune. When traveling on the water he can count on his 252-foot yacht Smeralda
to take him around in style with six private cabins onboard and the capacity to house up
to twenty-four crew members. This mega boat is reportedly valued at 70 million he no doubt
also likes to fly around the world on his father's personal Boeing 747 which is a plane
that's worth hundreds of millions of dollars and wherever he does travel He is sure to
take part in some extreme sports along the way in Dubai. He's been seen testing out a
jet lab which is a personal jetpack that is used in the water while it's unclear whether
he purchased the product or just rented it for a few hours he could certainly afford
the retail value of over a hundred thousand dollars. Sheikh Hamdan loves water apparently
as he even went cave diving while vacationing somewhere in the Americas. He free dived down
into the cave which means that he didn't have an oxygen tank to help him breathe while descending
and ascending. His underwater photographer revealed that he's able to free dive to a
depth of nearly a hundred feet which is rather impressive for a total adrenaline junkie.
The crown prince is also an experienced skydiver. Is there anything this man can't do? He's
so experienced that he can jump out of a plane all on his own without the help of an instructor
since skydiving equipment can cost thousands of dollars and you need to fly up into the
sky for each jump. This is a hobby that can get quite pricey. Perhaps the greatest thing
about Dubai's crown prince is the fact that he's a pretty selfless guy when an Emirati
cancer patient receives treatment in the US. posted an emotional video on Instagram about
how much his treatment was gonna cost him Sheikh Hamdan offered to pay the
bill at just over $800,000 this bill was easily afforded by the Crown Prince and he made a
fellow Emiratis life much easier in the process but this isn't the the first time that Sheikh
Hamdan felt charitable when he won six million from the Dubai World Cup back in 2015 he donated
his winnings to the Dubai Autism Center. He's even the chairman of the center which is a
nonprofit organization that helps autistic kids integrate into society and that also
creates social awareness. He definitely learned how to
be generous from his father. Sheikh Mohammed has offered his private jet multiple times
to help out with different humanitarian missions. Among his many other charitable acts the Crown
Prince even once paid the travel cost of four hundred fans that were sent to watch the Asian
Champions League football final in China. But Sheikh Hamdan does like to splurge on
himself every now and again back in 2008 he spent a record price on an item at Abu Dhabi
Festival well you might be imagining that he dropped 2.7 million on something really
luxurious he actually spent the money on a camel according to the organizers of the camel
festival at the time the female camel he got was the most expensive one ever purchased
in In total he reportedly spent nearly 4.5 million
on more than a dozen camels that day. It might sound odd but camels are a key part of the
UAEs cultural heritage. Camel racing is also a popular sport there and female camels are
faster than their male counterparts. While his amiable life is made possible by his immense
wealth it seems that his life doesn't revolve around it. Instead of trying to emulate flashy
celebrities, we should all try to be a bit more like Sheikh Hamdan. The world needs more
people like him when a fellow Emirati reached out to him on social media to invite him over
for lunch. He actually accepted the invitation when a worker was cleaning the windows of
a high-rise tower. He posted the video of his hard work and added the caption that read
thank you in Arabic.
That brings us to the end of today's video. Thanks for watching. We will catch you in
our next one.