Posted last Feb 17, Gulf News
Abu Dhabi: Licence plate No 1 broke the world record as the most expensive, fetching a whopping Dh52.2 million in fierce bidding in Abu Dhabi on Saturday.
Saeed Al Khouri, 25, a businessman in Abu Dhabi, won the number plate after a furious contest in the final stages of the auction conducted at the Emirates Palace hotel.
He broke the record by paying more than double the previous record which went to plate No 5 
that sold for Dh25.2 million and is owned by his cousin Talal Ali Mohammad Khouri, also a prominent businessman.
that sold for Dh25.2 million and is owned by his cousin Talal Ali Mohammad Khouri, also a prominent businessman. "The final value of the number plate auction exceeded our wildest hopes and dreams," said Abdullah Matar Al Mannaei, Managing Director of Emirates Auction, the official auctioneer for Code 5 distinguished number plate auctions, supported by the General Directorate of Abu Dhabi Police.
"Today we set not just one, but two records," said Al Mannaie, adding that the auction - the sixth organised by Emirates Auction - attracted 750 participants and generated a record Dh89 million from the sale of 90 number plates.
************************
even if they say that the money generated will be used to establish a specialised hospital in Abu Dhabi for accident victims, i still think it is pure madness!
No comments:
Post a Comment