- A brand new world document has been achieved for the title of most costly license plate at 55 million dirhams ($15 million).
- The license was offered in a government-run charity public sale in Dubai.
- Proceeds from the public sale will go to Sheikh Mohammed bin Rashid’s world meals assist initiative, the 1 Billion Meals Endowment.
As the nice poet (do not combat us on this) Kendrick Lamar rapped in his 2017 tune Humble, “It is ranges to it, you and I do know.” He might not have been referencing ranges of wealth, however we’re. The extent of wealth maintained by unnamed oil tycoons is greater than most of us may even fathom. What can oil-tycoon cash purchase you? We hear you ask. How a few world-record-breaking $15 million license plate?
Based on a report by Bloomberg, at 55 million dirhams, the equal of $15 million, that is precisely what one unnamed rich bidder in Dubai lately paid for the license plate P 7. The plate was offered on Saturday in an public sale placed on by the Emirates Public sale. Proceeds will go to Dubai ruler Sheikh Mohammed bin Rashid’s world meals assist initiative, the 1 Billion Meals Endowment.
Based on the identical Bloomberg article, Saturday’s bid takes down a document set in 2008 by Saeed Abdul Ghaffar Khouri, who paid the equal of $14.2 million for a plate bearing the #1 in Abu Dhabi.
The id of the latest winner is not going to be disclosed, and the plate can reportedly be transferred to any automotive registered within the emirate. If you happen to occur to be in Dubai any time quickly, ensure to maintain an eye fixed out for license plate P 7, or some other unusually brief plate names. Likelihood is it went for large cash at public sale.
This content material is imported from ballot. You might be able to discover the identical content material in one other format, otherwise you might be able to discover extra info, at their website.
Affiliate Information Editor
Jack Fitzgerald’s love for automobiles stems from his as but unshakable dependancy to Formulation 1.
After a short stint as a detailer for a neighborhood dealership group in faculty, he knew he wanted a extra everlasting method to drive all the brand new automobiles he couldn’t afford and determined to pursue a profession in auto writing. By hounding his faculty professors on the College of Wisconsin-Milwaukee, he was capable of journey Wisconsin in search of out tales within the auto world earlier than touchdown his dream job at Automotive and Driver. His new aim is to delay the inevitable demise of his 2010 Volkswagen Golf.