Sheikh Of Qatar Net Worth 2024

The estimated net worth of Sheikh Of Qatar is $2 billion USD.
Real Name Hamad bin Khalifa Al Thani
Net Worth 2024 $2 billion USD
Birthday (Year-Month-Day) 1952-1-1
Nationality Qatar
Occupation Sheikh of Qatar
Height m or 0 ft 0 inches
Weight kg or 0 pounds
Marital Status Married (three wives)
Ethnicity Arab
Education British Royal Military Academy
Kids 24
Kids Names Tamim bin Hamad Al Thani, Jassim bin Hamad bin Khalifa Al Thani, Al-Mayassa bint Hamad bin Khalifa Al-Thani, Mohammed bin Hamad bin Khalifa Al Thani, Joaan bin Hamad bin Khalifa Al Thani, Abdullah bin Hamad bin Khalifa Al-Thani, Mishaal bin Hamad bin Khalifa Al Thani, Hind bint Hamad bin Khalifa Al-Thani, Khalifa Bin Hamad Bin Khalifa Al Thani, Khalid bin Hamad bin Khalifa Al Thani, Mariam bint Hamad bin Khalifa Al-Thani, Al Qaqa bin Hamad bin Khalifa Al Thani, Sara bint Hamad bin Khalifa Al-Thani, Thani bin Hamad bin Khalifa Al-Thani, Maha bint Hamad bin Khalifa Al-Thani, Rawdah bint Hamad bin Khalifa Al-Thani, Aisha bint Hamad bin Khalifa Al-Thani, Mashael bint Hamad bin Khalifa Al-Thani, Al-Anood bint Hamad bin Khalifa Al-Thani, Dana bint Hamad bin Khalifa Al-Thani, Hussah bint Hamad bin Khalifa Al-Thani, Fatima bint Hamad bin Khalifa Al-Thani, Lulwaa bint Hamad bin Khalifa Al-Thani, Fahd bin Hamad bin Khalifa Al-Thani, Abdullah bin Hamad bin Khalifa Sayed Al Thani



Hamad bin Khalifa Al Thani
Hamad in 2013
Emir of Qatar
Reign27 June 1995 – 25 June 2013
PredecessorKhalifa bin Hamad Al Thani
SuccessorTamim bin Hamad Al Thani
Prime Minister
Heir Apparent
Father Emir of Qatar
Reign25 June 2013 – present
MonarchTamim bin Hamad Al Thani
Prime Minister
Born (1952-01-01) 1 January 1952 (age 72)
Doha, Qatar
Spouse
IssueSee link
HouseThani
FatherKhalifa bin Hamad Al Thani
MotherAisha bint Hamad Al Attiyah
Military career
Allegiance Qatar
Service / branchQatar Armed Forces
Years of service1995 - 2013

Sheikh Hamad bin Khalifa bin Hamad bin Abdullah bin Jassim bin Mohammed Al Thani (Arabic: حمد بن خليفة آل ثاني; born 1 January 1952) is a member of the ruling Al Thani Qatari royal family. He was the ruling Emir of Qatar from 1995 until 2013 when he abdicated the throne, handing power to his fourth son Tamim bin Hamad Al Thani who was born to his second spouse, Moza bint Nassir.[1][2] The Qatari government refers to him as the Father Emir.[3]

Hamad seized power from his father, Khalifa bin Hamad Al Thani, in a bloodless palace coup d'état in 1995. During his 18-year rule, Qatar's natural gas production reached 77 million tonnes, making Qatar the richest country in the world per capita with the average income in the country US$86,440 a year per person.[4] During his reign, several sports and diplomatic events took place in Qatar, including the 2006 Asian Games, 2012 UN Climate Change Conference, Doha Agreement, Fatah–Hamas Doha Agreement, and it was decided that the 2022 FIFA World Cup would be held in the country. He established the Qatar Investment Authority. By 2013, it had invested over $100 billion around the world, most prominently in The Shard, Barclays Bank, Heathrow Airport, Harrods, Paris Saint-Germain F.C., Volkswagen, Siemens, and Royal Dutch Shell.[5]

Hamad ruled a sovereign regime in Qatar without any support from opposition political parties.[6][7][8] During Hamad's rule, Qatar hosted two U.S. military bases. It also maintained relations with Iran. The Sheikh founded news media group Al Jazeera. He also played a part in negotiations between the U.S. and the Taliban.[9][10] In June 2013, Hamad, in a brief televised address, announced that he would hand power to his fourth son, Tamim bin Hamad Al Thani.[11]

Early years and education

Hamad was born in 1952. His mother died soon after his birth and he was raised by his uncle.[12]

He graduated from the British Royal Military Academy at Sandhurst in 1971, and was then commissioned as a lieutenant colonel in Qatar's armed forces.[13][14] A few months later he returned to Qatar and was made commander of a mobile brigade, which later became a force called "Hamad Brigade".[14] In 1972, Hamad had the rank of general, and became army chief of staff.[14] Next he was appointed commander-in-chief of Qatar's armed forces with the rank of major general.[4][14] In 1977 he was named minister of defense.[14]

Hamad was appointed Heir Apparent of Qatar in 1977 and held the post until 1995.[15] In the early 1980s, he led the Supreme Planning Council, which sets Qatar's basic economic and social policies. Starting in 1992, Hamad's father began gradually handing over responsibility for the day-to-day running of the country,[16] including the development of Qatar's oil and natural gas resources, rendering him the effective ruler of the country.[17] However, his father ultimately retained control over state finances.[17] On 27 June 1995, he won the throne from his father in a palace coup, Hamad became Emir of Qatar and was crowned on 20 June 2000.[16]

Reign as Emir (1995–2013)

With the support of his family, Hamad staged a bloodless coup d'état in 1995 when his father Khalifa bin Hamad Al Thani was on vacation in Geneva, Switzerland, at which point he officially became the Emir of Qatar.[16][18] The deposition came after a falling out between Hamad and his father, who had tried regaining some of the authority that he had bestowed upon Hamad in early 1995.[17] Thereafter, his father lived in exile in France and Abu Dhabi[18] until he returned to Qatar in 2001.

Hamad then engaged an American law firm to freeze his father's bank accounts abroad in order to deter a possible countercoup.[16] However, a counter-coup was attempted against Hamad in February 1996 under the leadership of former Economy Minister Hamad bin Jassim bin Hamad Al Thani. The coup failed, and several of Qatar's traditional Arab allies were implicated in the plot, namely Saudi Arabia, the United Arab Emirates, Bahrain and Egypt.[19]

In a break with the traditional role, his second wife Sheikha Moza bint Nasser Al-Missned has been a visible advocate for education and children's causes.[16] In 1995, Sheikh Hamad and his wife Sheikha Moza bint Nasser founded the Qatar Foundation.[20][21]

A sportsman[22] and an accomplished diver, Hamad has played an active role in promoting and developing athletics in Qatar.[4] His activism has enhanced the country's involvement and performance in a number of international competitions, including: winning an Olympic medal in track and field; hosting a wide variety of international sporting events such as the 15th Asian Games, GCC, Asian and World Youth soccer championships; and initiating the Qatar Open Tennis Championship which has grown to become one of two premier tennis competitions in the Middle East.

Hamad bin Khalifa in the Kremlin with Russian President Vladimir Putin, December 2001

Under his rule the Qatari government helped to fund the Al Jazeera news network by an emiri decree.[23] In an analysis of Al Jazeera, Hugh Miles said that diplomats from other countries know that the Emir was the real power behind Al Jazeera but he also quotes a network spokesman denying 'countless times' this accusation, adding that many independent news sources also have subsidies from their respective governments without this implying editorial dabbling and explaining that trying to coerce the kind of journalists Al Jazeera has would be like trying to 'herd cats'.[24] Sheik Hamad is a distant cousin of the network chairman, Hamad bin Thamer Al Thani, who was previously Minister of Information in the Emir Al Thani government. Following the initial US$137 million grant from Emir Al Thani, Al Jazeera had aimed to become self-sufficient through advertising by 2001, but when this failed to occur, the Emir agreed to several consecutive loans[24] on a year-by-year basis (US$30 million in 2004,[25] according to Arnaud de Borchgrave). At a 3 October 2001 press conference, Colin Powell tried to persuade Sheik Hamad to shut down Al Jazeera while the New York-based organization Fairness and Accuracy in Reporting commented that in those efforts, "Powell and other U.S. officials were reportedly upset by the channel re-airing old interviews with bin Laden and the inclusion of guests that are too critical of the United States on its programs."[26][27] The Washington Post reported in 2005 that Sheik Hamad was under pressure to privatize the network.[28]

In 2010, Qatar was awarded the right to host the 2022 FIFA World Cup. The country would become the first in the Middle East to host the world's biggest sporting event, beating stiff competition from the United States and Australia.[29]

Autocracy

Hamad ruled an autocratic regime in Qatar.[6] There was no organized political opposition in Qatar.[7] National news outlets exercised self-censorship.[7]

Oil and gas wealth

US President George W. Bush and Hamad bin Khalifa in the Oval Office, 2003

Hamad was able to focus on turning Qatar from a small desert backwater into a major world power by continuing to exploit the country's vast oil fields and discovering and tapping the world's third largest gas reserves.[30] By 2010 liquefied natural gas production had reached 77 million tons, making Qatar the richest country in the world. With fewer than two million inhabitants, the average income in the country shot to a staggering $86,440 per year per person. Qatar expert Olivier Da Lage said: "When he came to power in 1995, Sheikh Hamad had a goal to place Qatar on the world map by exploiting the gas resources which his father did not develop for fear it would change the emirate's society. Eighteen years on, he has finished the job – Qatar has acquired the financial clout to command respect from neighboring countries and Western governments alike".[4]

Sheikh Hamad with Vladimir Putin in 2007

In 2005, under the direction of Hamad and the former prime minister of Qatar Sheikh Hamad bin Jassim bin Jaber Al Thani, the Qatar Investment Authority was established, a sovereign wealth fund to manage the country's oil and natural gas surpluses.[31] The Qatar Investment Authority and its subsidiaries have acquired many businesses abroad, including London's iconic department store Harrods from entrepreneur Mohammed Al-Fayed,[32] Paris-based department store Printemps,[33] French football club Paris Saint-Germain F.C.,[34] a former 10% stake in Porsche,[35] a 75% stake in film studio Miramax Films which they acquired from Disney,[36] a 2% stake in media conglomerate and Universal Music Group parent company Vivendi,[37] a US$100 million investment in Chernin Group – whose founder Peter Chernin was COO of News Corp and President of Fox,[38] a 1% stake in luxury goods manufacturer Louis Vuitton Moët Hennessy,[39] a 6% stake in Credit Suisse,[40] a 12.6% stake in Barclays[41] and several other major companies. They also backed Glencore's $31 billion takeover bid for Xstrata.[42] Qatar is the largest property owner in London with their holdings including the United Kingdom's tallest building The Shard, the London Olympic Village and the InterContinental London Park Lane hotel.[43] They also own several hotels in Cannes including the Majestic Hotel, Grand Hyatt Cannes Hôtel Martinez and the Carlton Hotel, Cannes.[44] QIA was considered to have one of the leading bids in the sales of both Anschutz Entertainment Group[45] and Hulu.[46] As of May 2013, it was reported the Investment Authority was in talks to purchase Neiman Marcus and Bergdorf Goodman.[47]

Hamad with US Secretary of State Hillary Clinton, September 2010

Media sources claimed that Sheikh Hamad bin Khalifa Al Thani made a bid for Manchester United on 11 February 2011. Qatari Holdings offered £1.65 billion to Malcolm Glazer, the American owner of the club.[48] This follows a series of endeavors by the Emir and other Qataris into the World Football community, following Qatar's successful bid for the 2022 World Cup, and the Qatar Foundation's recent £125m shirt deal with FC Barcelona. In mid-June 2011, rumours resurfaced that Qatari Holdings were preparing a £2 Billion takeover bid and that the funding, that the club had been using for transfers since the start of June, was actually supplied by the Qataris and not the Glazer Family.[49] In 2012 it was rumoured that Sheik Hamad bin Khalifa Al Thani was in bid for Rangers F.C.[50] On 30 March 2012 Sheik Al Thani offered to buy KF Tirana, although the details have yet to be published.[51]

Culture and education

In the arts, Hamad established the Qatar Museums Authority in 2005 which built the I. M. Pei designed Museum of Islamic Art Doha. Since its opening, Qatar has become the world's biggest contemporary art buyer,[52] famously purchasing Cézanne's The Card Players in 2012 for over US$250 million.[53] The art acquisition efforts were often represented by Sheikh Saud bin Mohammed Al Thani, president of Qatar's National Council for Culture, Arts and the Heritage.[54][55]

Sheikh Hamad with President of Azerbaijan Ilham Aliyev in 2012

The Museum Authority sponsored Takashi Murakami's EGO exhibit in Doha which ran from 9 February to 24 June 2012,[56] Damien Hirst's retrospective at Tate Modern in Spring and Summer 2012[57] and Hirst's exhibition Relics, from October 2013 to January 2014.[58] In July 2013, in conjunction with Miuccia Prada and the Prada Foundation, QMA launched CURATE, a global search for curatorial talent.[59] Additionally, the Doha Film Institute was established in 2009 which in partnership with the Tribeca Film Festival (founded by Robert De Niro), created the Doha Tribeca Film Festival that ran from 2009 – 2012.[60] The Doha Film Institute is producing Salma Hayek's upcoming animated adaptation of Khalil Gibran's classic novel The Prophet, with Lion King director Roger Allers coordinating the process.[61] DFI is also credited as a production company on several other films, including Just Like a Woman starring Sienna Miller,[62] The Reluctant Fundamentalist, directed by Mira Nair, which opened the 69th Venice International Film Festival,[63] and Kanye West's Cruel Summer – a short film which was shot in Doha and premiered during the 2012 Cannes Film Festival.[64] In February 2013, they announced a $100 million feature film fund with Participant Media, a production company founded by billionaire Jeffrey Skoll, who was the first employee and also first president of internet auction firm eBay.[65]

Under the patronage of Hamad and his wife Sheikha Moza Bint Nasser Al-Missned, various academic institutions have opened campuses in Doha, including Carnegie Mellon University, Georgetown University, Northwestern University, Texas A&M University and Weill Cornell Medical College.[1]

Retirement and later life

John Kerry meets with the former Emir in 2014

On 25 June 2013, Hamad handed over power to his son Tamim bin Hamad Al Thani in a televised speech.[66][67] In regards to the shift in power, Hamad said: "The time has come to open a new page in the journey of our nation that would have a new generation carry the responsibilities".[68]

Since his retirement, he is now popularly referred to as the Father Emir. His fourth son Tamim bin Hamad Al Thani, from his second wife, Moza bint Nasser, is now the eighth and current Emir of Qatar.

Hamad is believed to have suffered from poor health for several years. In December 2015, he was flown to Zurich, Switzerland, for treatment after breaking his leg while on holiday in Morocco's Atlas mountains.[69]

Hamad underwent his first kidney transplant in 1997 [70] and at least one more at a later date.[71] The former emir is currently on dialysis.

Foreign relations

Sheikh Hamad with Crown Princess Margareta of Romania and her husband Prince Radu, 2010

The Emir made a $100 million donation for the relief of New Orleans following the 2005 Hurricane Katrina.[72] He was a key person in the cease fire during the 2006 Lebanon War and contributed significantly in the relief of damaged areas.

In 2012, the Emir proposed deploying Arab troops to reduce killings in the Syrian civil war.[73] He provided two military bases for foreign troops, Al Udeid Air Base and Camp As Sayliyah.[74]

Despite the prevalence of anti-Israel sentiment within the Arab world, he had previously maintained friendly relations with Israel.[18] He met Foreign Minister of Israel Tzipi Livni (25 September 2007) in New York City. This marked the first real attempt by any leader in the Persian Gulf to pursue dialogue with Israel.[75][76] However, Qatar severed diplomatic ties with Israel in 2009 in response to Israel's actions during the Gaza War.[77] The emir has also expressed his objection to Israeli settlement policy, especially the Judaization of Jerusalem.[78][79]

Palestine and Syria

In October 2012, the Emir made a landmark visit to Gaza by being the first head of state to go there since the 2006 election of Hamas and the imposition of a blockade by Israel.[80] He took a flight to Egypt before being driven into Gaza. While there, the emir was thought to be launching a $254 million reconstruction project in the territory, and giving an address to the Palestinian people. Palestine's interior ministry was said to have a "well-prepared plan" to provide security for the emir during his stay.[81] Incidents nevertheless continued.[82]

In October 2012, Hamad made a historic visit to Gaza and pledged US$400 million in humanitarian aid to Hamas, to build infrastructure projects and hospitals.[83] Despite Qatar's ties to Hamas, they maintain diplomatic and business relations with Israel.[84]

In December 2012, The New York Times accused the Qatari government of funding the Al-Nusra Front, a U.S. government designated terrorist organization.[85] Others[who?] have noted the Emir's visit to Gaza and meeting with Hamas, which houses a militant wing, Izz ad-Din al-Qassam Brigades.[86] However, Qatar denies these allegations, stating that its policy is to help facilitate constructive engagement between Hamas and the Palestinian Authority.[87]

In 2004, 2010, 2014, and 2017, the Qatari government introduced new anti-terror laws to combat terrorism, terrorism financing and related crimes. In 2019 the Qatari government introduced a new anti-money laundering and counter terror financing laws.[88]

In August 2020, the US State Department sent the Coordinator for Counterterrorism Nathan Sales to Doha to thank Qatar for their efforts against terrorism and to discuss Qatar's role in combating the financing of terrorism, its new Anti-Money Laundering/Countering the Financing of Terrorism legislation and its participation in the Global Coalition to Defeat ISIS.[89]

Investments

In 2013, Hamad established the Qatar Investment Authority, which has invested over $100 billion around the world, most prominently in The Shard, Barclays Bank, Heathrow Airport, Harrods, Paris Saint-Germain F.C., Siemens and Royal Dutch Shell.[90] It also holds about 17% stake in the Volkswagen Group, Porsche, Hochtief, as well as investments in Sainsbury's.

Hamad is listed as owner of Afrodille S.A., which had a bank account in Luxembourg and shares in two South African companies. Al Thani also held a majority of the shares in Rienne S.A. and Yalis S.A., which held a term deposit with the Bank of China in Luxembourg. A relative owned 25% of these: Sheikh Hamad bin Jassim Al Thani, Qatar's former prime minister and foreign minister.

Marriages and children

Sheikh Hamad has three wives and twenty-four children, eleven sons and thirteen daughters:[citation needed]

Titles, styles, honours and awards

Styles of
Sheikh Hamad bin Khalifa Al Thani
Reference styleHis Highness
Spoken styleYour Highness

Titles

  • 1 January 1952 – 22 February 1972: Sheikh Hamad bin Khalifa Al Thani
  • 22 February 1972 – 1977: His Excellency Sheikh Hamad bin Khalifa Al Thani
  • 1977 – 27 June 1995: His Highness Sheikh Hamad bin Khalifa Al Thani, Crown Prince of Qatar
  • 27 June 1995 – 25 June 2013: His Highness Sheikh Hamad bin Khalifa Al Thani, Emir of the State of Qatar
  • 25 June 2013 – present: His Highness Sheikh Hamad bin Khalifa Al Thani, Father Emir of Qatar[92][93]

Honours

Sheikh Hamad bin Khalifa Al-Thani with Sheikha Moza bint Nasser Al-Missned

National honours

  • Qatar:
    • Former Sovereign Knight Grand Cross with Collar of the Order of Independence
    • Former Sovereign Knight Grand Cross with Collar of the Order of Merit

Foreign honours

Awards

See also

References

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  76. ^ Benhorin, Yitzhak (25 September 2007). "Livni has surprise meeting with Qatari emir: Unscheduled meeting takes place between Israeli FM Tzipi Livni and Emir of Qatar Hamad bin Khalifa Al Thani in New York where the two are attending UN General Assembly summit". Ynetnews. Retrieved 1 March 2012. Foreign Minister Tzipi Livni met with the Emir of Qatar Sheikh Hamad bin Khalifa Al Thani Tuesday, in the highest-ranking meeting between Qatari and Israeli officials. The two met during a United Nations General Assembly summit in New York after the emir invited Livni and the Israeli delegation to join him in an unscheduled meeting outside of the UN headquarters. Officials said the meeting was "extremely positive." Livni discussed with the emir the importance of moderate Islamic nations – like Qatar – supporting the Palestinians in advancing the diplomatic process.
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Media related to Hamad bin Khalifa Al Thani at Wikimedia Commons

Hamad bin Khalifa Al Thani
Born: 1952
Regnal titles
Preceded by Emir of Qatar
1995–2013
Succeeded by
Political offices
Preceded by Prime Minister of Qatar
1995–1996
Succeeded by

Fact Sheet

  • Wondering what Sheikh Of Qatar's real name is? Sheikh Of Qatar's real name is Hamad bin Khalifa Al Thani
  • Sheikh Of Qatar is Qatar
  • What does Sheikh Of Qatar do? Sheikh Of Qatar's job is being a(n) Sheikh of Qatar
  • Sheikh Of Qatar was born on 1952-1-1
  • What is Sheikh Of Qatar's age? Sheikh Of Qatar is 72 years old
  • Is Sheikh Of Qatar single or married? Sheikh Of Qatar is Married (three wives)!
  • Which school did Sheikh Of Qatar go to? Sheikh Of Qatar attended British Royal Military Academy
  • Sheikh Of Qatar is a proud parent of 24 kids
  • Sheikh Of Qatar kids names are Tamim bin Hamad Al Thani, Jassim bin Hamad bin Khalifa Al Thani, Al-Mayassa bint Hamad bin Khalifa Al-Thani, Mohammed bin Hamad bin Khalifa Al Thani, Joaan bin Hamad bin Khalifa Al Thani, Abdullah bin Hamad bin Khalifa Al-Thani, Mishaal bin Hamad bin Khalifa Al Thani, Hind bint Hamad bin Khalifa Al-Thani, Khalifa Bin Hamad Bin Khalifa Al Thani, Khalid bin Hamad bin Khalifa Al Thani, Mariam bint Hamad bin Khalifa Al-Thani, Al Qaqa bin Hamad bin Khalifa Al Thani, Sara bint Hamad bin Khalifa Al-Thani, Thani bin Hamad bin Khalifa Al-Thani, Maha bint Hamad bin Khalifa Al-Thani, Rawdah bint Hamad bin Khalifa Al-Thani, Aisha bint Hamad bin Khalifa Al-Thani, Mashael bint Hamad bin Khalifa Al-Thani, Al-Anood bint Hamad bin Khalifa Al-Thani, Dana bint Hamad bin Khalifa Al-Thani, Hussah bint Hamad bin Khalifa Al-Thani, Fatima bint Hamad bin Khalifa Al-Thani, Lulwaa bint Hamad bin Khalifa Al-Thani, Fahd bin Hamad bin Khalifa Al-Thani, Abdullah bin Hamad bin Khalifa Sayed Al Thani

FAQ

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