How The Rainbow Sheikh Spends $20 Billion

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Sheikh Hamad Bin Hamdan Al Nahyan is one of the richest people in the UAE with an estimated net worth of $20 billion. He’s used that money to build one of the largest car collections in the world. He’s estimated to have about 400 vehicles and stores at least 200 of them in the Emirates National Auto Museum, where he charges guests to see his collection of unique vehicles. These include the world’s largest caravan, the world’s largest truck, and even the first automobile ever produced. He also has a rainbow collection of Mercedes Benz S-class automobiles, which have earned him the nickname Rainbow Sheikh.

His cars are full of history– he has vintage New York taxis and police cars, Star Wars vehicles, a moon buggy, and military vehicles galore. But he’s not only known for his epic car collection. He also has a massive yacht called Yas Yacht which used to be a navy ship. It’s worth $180 million and features multiple decks with pools, lounges, and a helipad.

Sheikh Hamad also has access to a fleet of private jets, including two Boeing 787 Dreamliners with red and gold interiors. He uses them to travel the world, including his very own mysterious private island. Al Futaisi island is located southwest of Abu Dhabi and the Sheikh loves it so much he had his name written on it so large it can be seen from space. Click play for all the details on how this eccentric billionaire spends his fortune.

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Written by: Courtney Hayes
Narrated by: Craig Freeman
Edited by: Andrew Gut

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00:00 Intro
00:40 A 200-car museum
04:31 A navy ship transformed into a yacht
05:39 Access to a fleet of private jets
06:14 A mysterious private island”

The Richest

The Richest

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