
The Man Who Owns Half of Dubai! His Billion-Dollar Empire
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In this episode, Eugen Zimbelmann explains why you could provocatively say: “He owns half of Dubai.” The person in question is Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai — and behind his vast economic empire stands a company surprisingly few people know about: Dubai Holding.
From the Burj Al Arab and Palm Jumeirah to Nakheel, Meraas, and Meydan, as well as technology zones, entertainment, and a huge land reserve, Eugen explores what belongs to this empire, how Dubai Holding is structured, and what role it plays in the development of the city.
He also takes a look at the company’s eventful history — from its international expansion and the 2008 financial crisis to its comeback today — and answers the crucial question: What can you, as a real estate investor, learn from this about Dubai and its future?
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