Mohammed bin Rashid Al Maktoum

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Mohammed bin Rashid Al Maktoum
محمد بن راشد آل مكتوم
Mohammed bin Rashid Al Maktoum

Incumbent
Assumed office 
11 February 2006
President Khalifa bin Zayed Al Nahayan
Preceded by Maktoum bin Rashid Al Maktoum

Born 22 July 1949 (1949-07-22) (age 58)
Dubai, United Arab Emirates
Spouse Hind bint Maktoum bin Juma Al Maktoum
Haya bint Al-Hussein
Religion Sunni Islam

Sheikh Mohammed bin Rashid Al Maktoum (Arabic (محمد بن راشد آل مكتوم) (born July 22, 1949) is currently the Prime Minister and Vice President of the United Arab Emirates, as well as the Ruler of Dubai.

His wealth is estimated at $14 billion.[1]

Contents

He is the third of Sheikh Rashid bin Saeed Al Maktoum's four sons (members of Dubai's ruling family Al Maktoum and descendants of the House of Al-Falasi, of which he is the tribal leader[2]). From the age of four, Sheikh Mohammed was privately tutored in Arabic and Islamic Studies. In 1955, he began his formal education at Al Ahmedia School. At the age of 10, he moved to Al Shaab School, and two years later, he went to Dubai Secondary School. In August 1966, he and his cousin, Sheikh Mohammed bin Khalifa Al-Maktoum, attended the Bell Educational Trust's English Language School in the United Kingdom.

His senior wife is Sheikha Hind bint Maktoum bin Juma Al Maktoum, whom he married in 1979. His junior wife is HRH Princess Haya bint Al Hussein, daughter of King Hussein of Jordan and half-sister of current King Abdullah II of Jordan, whom he married on April 10, 2004, and has one child, a daughter, AlJalila, born December 2, 2007.[3][4][5] Sheikh Mohammed has 17 children: seven sons and ten daughters.

Al Maktoum, his sons, and his daughters are known to be avid in the art of traditional Arabic poems, arts, taking part in projects to aid developing countries such as Jordan, Egypt, Palestine and Yemen. They are also sport enthusiasts, especially in horse and camel racing. For example, in the 15th Asian Games in 2006, son Rashid took the individual gold in Endurance, sons Rashid, Ahmed, Majid, and Hamdan took the team gold in Endurance; daughter Latifa took a bronze in Show Jumping; and daughter Maitha led the UAE team in Karate.[citation needed]

Mohammed bin Rashid Al-Maktoum has been known for his vast charitable donations. On May 19, 2007, he announced plans to give $10bn USD to set up an educational foundation in the Middle East; one of the largest charitable donations in history.[6] Sheikh Mohammed stated that the money is meant to bridge the knowledge gap between the Arab region and the developed world, improving the standard of education and research in the region, developing leadership programs for youth, and stimulating job creation. The announcement was made at the 2007 World Economic Forum in Jordan.

In September 2007, he launched a campaign, Dubai Cares to raise money to educate 1 million children in poor countries. The campaign is Dubai's contribution to the U.N. Millennium Development Goals for providing Children's Primary Education to every child by 2015. The amount donated to this campaign has exceeded AED 240 million(Approximately US$ 65,573,770)six days after its launch.

Sheikh Mohammed is a major figure internationally in Thoroughbred horse racing and breeding. In late 1981, he purchased Gainsborough Stud at Woolton Hill, near Newbury, Berkshire, England. In Ireland, he also owns Ballysheehan Stud, in County Tipperary plus he has Gainsborough Farms Inc. in Versailles, Kentucky. His racing operations includes the ownership of Darley Stables and he is the leading partner in his family's Godolphin Stables.

In England, his horses have won numerous important Group One races including several of the British Classic Races. His horses have also won the Irish Derby Stakes and the Prix de l'Arc de Triomphe and in the United States the 2006 Preakness Stakes with Bernardini.

Sheikh Mohammed hosts the Dubai World Cup, the world's richest series of horse races.

On January 3, 1995, Sheikh Maktoum bin Rashid Al Maktoum signed two decrees that appointed Sheikh Mohammed as Crown Prince of Dubai.

Sheikh Mohammed oversaw the development of numerous projects in Dubai including the creation of the Palm Islands and the luxury Burj al-Arab hotel. He is also promoting the construction of Burj Dubai which is now the tallest building in the world. During his time as Crown Prince he set up Dubai Holding, a holding company with multi-diversified businesses and investments. He currently owns 99.67% of the company.[7]

After roughly a decade of de facto rulership,[8] he became the Ruler of Dubai on January 4, 2006 upon the death of his elder brother Sheikh Maktoum bin Rashid Al Maktoum. He was also nominated by the President of the UAE, Sheikh Khalifa bin Zayed Al Nahayan, to be the next Prime Minister and Vice President of the UAE on January 5, 2006. The members of the UAE Federal National Council accepted the President's nomination shortly after.

On July 4, 2006 Sheikh Mohammed pardoned and released U.S. R&B producer Dallas Austin for a conviction of drug possession. Senator Orrin Hatch and musicians Lionel Richie and Quincy Jones aided in the release.[9]

On 4 December 2006, through his Dubai International Capital (DIC) Investment Group, Sheikh Mohammed engaged in takeover negotiations for Liverpool Football Club in a deal rumored to be worth £479m. The deal was also rumored to include a new 60,000 seater stadium, close to Anfield in nearby Stanley Park. As of January 31, 2007, D.I.C. withdrew their bid when Liverpool requested more time to consider a second bid from American George N. Gillett Jr., owner of the Montreal Canadiens, an NHL franchise, and Tom Hicks, owner of two teams, the NHL's Dallas Stars and the Texas Rangers, a MLB franchise. This bid was later accepted by David Moores. Reasons for Liverpool FC not being able to accept D.I.C's bid were:

1. DIC saw Liverpool primarily as a business without regard to the fans. They were well known for their ruthless streak in business and the board were afraid that they weren't looking for the best interests of the club.

2. Liverpool began considering the bid from Tom Hicks and George Gillett to which DIC responded by pushing Liverpool to make a decision. The board failed to make a decision which in turn prompted DIC to pull their bid.

National newspapers were able to get hold of these plans and subsequently printed them. Liverpool's then Chairman, David Moores, decided that the Al Maktoum and D.I.C. bid was unacceptable.

However, the Daily Mirror published on the 1st of Dcember 2007 that DIC plan to buy Tom Hick's share in the club after he hinted he was going to sell his shares because of the growing rift with the Liverpool manager. Tom Hick's has denied these claims.

  • Metro Printing Error

On 9 March 2007, the Metro (Associated Metro Limited) newspaper wrongly published a picture of Sheikh Mohammed attributing it to the terror suspect Khalid Shaikh Mohammed. The Metro has since apologised for the error.[10]

Wikiquote has a collection of quotations related to:
Preceded by
Maktoum bin Rashid Al Maktoum
Prime Minister of the United Arab Emirates
2006
Succeeded by
Incumbent
Preceded by
Maktoum bin Rashid Al Maktoum
Emir of Dubai
2006
Succeeded by
Incumbent
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