It is difficult to imagine a time when Dubai didn't have the glittering skyline it has today. With numerous modern architectural marvels popping up around the city every year, endless opportunities for tourism and luxury shopping, and the incredible state of social amenities, it is a dream to live, work, or even just visit this city.
But Dubai wasn't always known for skyscrapers and futuristic buildings. Sheikh Mohammed bin Rashid Al Maktoum, the city's current ruler, is credited for transforming Dubai through unrelenting innovation and investment from a desolate region with a small fishing community into a global financial powerhouse that has evolved into a playground for the rich and famous.
Who are Dubai's Wealthiest Figures?
Dubai appeals to those who desire a life cocooned in extravagance. From the obscenely wealthy royal families to corporate magnates seeking refuge in its tax-free haven to celebrities lured to its lavish attractions, it is home to a diverse array of successful individuals who contribute to its economic and cultural landscape.
Hussain Sajwani, who is listed by Forbes as the richest man in Dubai, occupies the top position in the city's wealth hierarchy. However, Dubai's wealth isn't exclusively dominated by men. Women also wield substantial influence in the city's financial landscape.
This is best exemplified by the captivating reality show "The Real Housewives of Dubai," a show that provides a voyeuristic escape into the rich and glamorous lives of some of Dubai's richest women.
Exploring the Lavish Expenditures of Dubai's Wealthiest Elite
Have you ever wondered how the richest people in Dubia spend their money? Then join us as we take a quick peek at some of the lavish spending habits of Dubai's wealthiest elite:
Everything Gold, Everywhere!
Dubbed the "City of Gold," Dubai's love affair with gold is no secret, and Dubai's elite are notorious for being obsessed with this shiny yellow metal, from custom-made 24-karat gold gadgets to intricate gold jewelry or customizing their homes with gilded furnishings of gold.
They see gold as not just an investment but a statement of power and extravagance. If you ever wish to see a gold custom Rolls Royce or a multi-million dollar Mercedes Benz covered entirely in gold, then all you have to do is pay a visit to Dubai. They even have toilets made entirely of solid gold.
Currency automators like ATMs an high-speed money counter machines are readily available in most parts of the world, but Dubai has found a way to take it up a notch. This city for the super-rich features actual ATMs that are not only entirely made of gold but also dispense gold items like coins, bars, and medallions.
Skydiving Over Palm Jumeirah
Dubai's skyline is nothing short of breathtaking, and the richest people in Dubai take their appreciation to new heights—literally.
Palm Jumeirah, a palm-shaped construction marvel that adorns the Arabian Gulf coastline, is the hub of some of Dubai's most luxurious hotels, residences, and restaurants.
For Dubai's wealthiest adrenaline junkies, conventional sightseeing isn't enough. Skydiving is the new medium through which they experience the city's magnificence. It's not just the adrenaline rush or the mere thrill of free fall that entices them. It's the ability to conquer the sky and capture moments of unparalleled beauty in a way only a few ever will!
Indoor Ski Resorts
A country that is located in the middle of the desert seems quite an unlikely location for skiing. But it's not much of a surprise that rich people would require a ski slope that allows them to partake in the joys of winter, even in the most unsuitable of places.
Ski Dubai is an indoor ski slope with an expansive 22,500 square meters of fabulousness. The entire facility maintains a temperature of -1° to 2°C, which is pretty insane for a country with an average temperature of 20 to 40°C.
This incredible resort features an 85-meter-tall mountain, giant snowballs, and toboggan rides down icy slopes covered with a high-quality snow layer, snow forts, and an ice cave. It also provides a range of dining options, including cafés and restaurants, where visitors can warm up with hot cocoa, indulge in international cuisine, and take in the views of the snow-covered slopes when it's time for a break, all in a bid to ensure a flawless experience.
And if all these aren't sufficiently surreal enough for you, they have a resident colony of penguins that visitors can observe or even interact with. That's right, penguins moving around in the heart of the desert!
Exotic Cars and Yachts
Another well-known indulgence of the wealthy in Dubai is buying luxury yachts and exquisite cars. From super expensive yachts to gleaming sports cars like rare Ferraris and limited edition Bugattis, Dubai's wealthy collect these high-performance masterpieces like pieces of art.
And then, some futuristic stuff to add to it. After all, all that money being splurged around occasionally calls for more than just expensive hotels or covering up everything in gold. Flying cars are the latest mode of transportation to tickle the fancy of the rich citizens of Dubai, and they are already in development, with a few already in testing.
Well, there you have it. The richest people in Dubai use their money to make fantasies come true. Whether it's the attraction to gold as a symbol of status and taste, skydiving that allows them to touch the sky, or exotic automobiles and yachts that represent their appetite for the extraordinary, their opulent display of wealth remains an ongoing topic of fascination and debate.