UAE President Mohammed bin Zayed has handed over assets worth $260 billion to his son Sheikh Khalid in a single night. Zayed has taken this decision at a time when the United Arab Emirates is in trouble. On one side, UAE is at loggerheads with Saudi Arabia, while on the other side, there is a power struggle within the Zayed Al Nahyan family.
According to Wall Street Journal, by handing over assets worth $260 billion to his son, President Mohammed bin Zayed has indicated that he will inherit the presidency. It is being said that transfer of power may happen soon in UAE.
Khalid is the eldest son of UAE President Mohammed bin Zayed. Currently, Khalid is declared the crown prince in the government of the Emirates. Khalid was born in the year 1982. Khalid entered politics for the first time in 2016. At that time he was made the security chief. In 2023, Khalid was promoted and declared the Crown Prince of UAE.
Khalid completed his early studies in Abu Dhabi itself. After this, he went to Georgetown University Walsh School of Foreign Service to do master's. Khalid has studied political science.
Bloomberg had released the list of the world's richest families in the year 2025. Nahayan's family was second in this list. According to the report, the total wealth of the UAE royal family is 335 billion US dollars. The source of all the wealth of this ruling family of UAE is oil business.
The head of this family, Sheikh Mohammed bin Zayed, is also the President of the United Arab Emirates. Now Nahyan has transferred his total wealth of $260 billion out of $335 billion to his son.
Nahyan's younger brother Tahnoon Zayed holds the post of security chief. Tahnoon is around 45 years old. Tahnoon Zayed is called the spy sheikh of UAE. Tahnoon has been busy in building close relations with US President Donald Trump in recent times. For this, Tahnoon has made a big investment in the crypto currency form of the Trump family.
The President of the United Arab Emirates fears that in the coming times, he may play Tahnoon with Saudi Arabia. Tahnoon is also considered close to Saudi Crown Prince Mohammed bin Salman.
