Kuwait Investment Authority, estimated to hold nearly $800 billion in assets, is the oldest sovereign wealth fund in the Middle East. Sheikh Nawaf Al-Ahmad Al-Sabah, the ruler, ascended to the throne in 2020 after the death of his half-brother, Sheikh Sabah IV Ahmad Al-Jaber Al-Sabah. They live in grand palaces, travel by land, sea, and air with top-notch style, and own everything money can buy, from private jets to mega-yachts. In this article, we delve deeper into their life in our gallery.
French luxury conglomerate LVMH Moët Hennessy Louis Vuitton SE has reached an agreement with Formula 1 organizers, signing a ten-year sponsorship deal that could be worth around $1...