March 16th, 2017
Al Thani Royal Family is one of the richest families in London according to a latest study on London’s wealth families. Even though richest people in London are the same as the years before, some fortunes seem to get bigger for those who choose to invest in properties. The UK housing market is increasing monthly and except banking is one of the most profitable businesses. Leaded by the former Emir of Qatar, HH Sheikh Hamad bin Khalifa Al Thani, the big Al Thani Royal Family has reached an incredible figure of properties in London.
Where money is not an issue, buying exclusive mansions or even a huge palace in the heart of London, is considered to be an investment but also a symbol for financial power. Qatar is the richest country in the world due to a massive reserve of gas and oil, every citizen in Qatar living a rich lifestyle. Al Thani Royal Family has bought since 2008 shares in every major business and industry in the UK such as Sainsbury’s, exclusive apartments in One Hyde Park (world’s most expensive apartments), Harrods store or even Barclay’s Bank. The enormous project of Al Thani Royal Family is represented by the conversion of 3 sectors in Cornwall Terrace into a massive and extremely luxurious mega mansion.
The project is supposed to cost more than 200 million pounds and involves architectural work, high end innovation and also love for creating a state of the art palace. Al Thani Royal Family is also the owner of Olympic Village in London offering an astonishing price of 557 million pounds. London will always be the jewel of Europe and investing in properties will be similar to profits. Al Thani Royal Family has invested in the most iconic and luxurious properties and this means a huge amount of income during time. It is supposed that the Qatari based Al Thani Royal Family owns 1/30th of London’s property market and shares.