Meet The Billionaire Qatari Sheikh Who May Have Just Bought A $100 Million Home In New York City

Hamad Bin Jassim Qatar

Photo: Wikimedia Commons

For the past few years, Qatari Prime Minister and Foreign Minister Hamad bin Jassim bin Jaber Al Thani has been looking for a place to hang his hat.Not just any place though. 

The head of the richest country in the world (according to the IMF’s per capita GDP figures) has been scouring London and New York for some ultra-decadent digs capable of housing his two wives, 15 scions, and scores of bodyguards. 

Finally, the sheikh appears to have found suitable stomping grounds in New York—he reportedly purchased the $100 million penthouse at a still-under-construction ultra-luxury apartment building on West 57th Street (though the developer denies he’s the buyer).

Whether or nor the Prime Minister is officially coming to New York, his life is pretty awesome. Let’s take a closer look.

Jaber al Thani's family has ruled Qatar since the mid-19th century. His cousin, Hamad bin Khalifa al Thani, is the country's Emir — a veritable head of state. Jaber has two wives (concurrently) and 15 children.

Sources: Royal Ark and the New York Post

Jaber al Thani has been looking for a place to hang his hat in New York City. Unfortunately, he's been rejected by three separate co-op boards there.

The boards are reportedly wary of his 15 children and massive entourage. They're also concerned about the fact that he has diplomatic immunity, which would protect him from reproach if he were to damage the properties or skirt payments.

Source: New York Post

Before he could place a serious bid at Denise Rich's $65 million, 12,000 square foot apartment on Fifth Avenue, the building's co-op board unit reportedly decided to turn al Thani down.

Jaber al Thani's second failed bid in New York involved Courtney Sale Ross's $60 million co-op on Park Ave. The board supposedly told the Qatari to look elsewhere.

Last month al Thani made a play for two of copper heiress Huguette Clark's Fifth Avenue apartments. He offered $31 million, but was again denied by apprehensive co-op boards (but before making an official bid).

Source: New York Post

A fourth time may just be the charm for al Thani. He's rumoured to have bought the One57's two-story penthouse for $100 million, making it the most expensive home ever sold in New York City.

rumour also has it he splurged for four more full-floor condos in the building, bringing his total purchase up to $250 million.

Source: New York Post

Today, developer Extell is denying that the Prime Minister purchased the units, possibly to protect a non-disclosure agreement with al Thani.

The Sheikh has had better luck landing real estate in London. There, he owns a $63 million penthouse in the new, ultra-lavish One Hyde Park complex, which he helped develop.

Sources: The Daily Mail

In Los Angeles, Jaber al Thani reportedly owns two properties. One is an estate in the same gated-community as Arnold Schwarzenegger, Heidi Klum, and Tom Brady and Gisele Bundchen.

Al Thani's other LA property is a $34 million, soon-to-be-developed lot overlooking the tony Bel Air Country Club. The Qatari bought the land from LA billionaire Tom Gores.

Source: Exploredia

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