UAE President and Abu Dhabi ruler Sheikh Khalifa bin Zayed Al Nahyan dead at 73 – leaving behind £120BILLION fortune

UAE President Sheikh Khalifa bin Zayed Al Nahyan has died at the age of 73 – leaving behind a £120billion fortune. The long-time Abu Dhabi leader and richest emirate in the UAE died on Friday, according to state news agency WAM. President Sheikh Khalifa bin Zayed Al NahyanGetty Getty Images - GettyThe Queen and Prince Philip greet Sheikh Khalifa bin Zayed Al Nahyan in 2013[/caption] A statement from the Ministry of Presidential Affairs said it “condoles the people of the UAE, the Arab and Islamic nation and the world over the demise of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the president of the UAE”. The country will now enter 40 days of mourning. Sheikh Khalifa had served at the president of UAE since 2004 after the death of his father. Born in 1948, he was the second president of the UAE and the 16th leader of Abu Dhabi. Read more world news SEA OF FLAMES Russia ‘loses ANOTHER ship in Black Sea as mystery blaze guts navy vessel’ VIRUS SURGE Kim health panic as 'explosive Covid outbreak' leaves six dead in North Korea The Abu Dhabi royal family – headed by Sheikh Khalifa – is said to be worth a staggering £120billion. The Sheikh also chaired the Abu Dhabi Investment Authority which controls assets worth more than £571billion. THIS IS A DEVELOPING STORY… The Sun is your go to destination for the best celebrity news, football news, real-life stories, jaw-dropping pictures and must-see video. Download our fantastic, new and improved free App for the best ever Sun Online experience. For iPhone click here, for Android click here.  Like us on Facebook at www.facebook.com/TheSun and follow us from our main Twitter account at @TheSun. Most read in News H2-WOE Urgent warning for residents NOT to drink, cook with or clean teeth with tap water SICK TYRANT Putin 'very ill with blood cancer' claims oligarch amid 'purge of top generals' BULLET TERROR Teen shot and witnesses 'duck for safety' on busy street as cops hunt gunman PRISON PLAN Shock twist as 'mastermind' behind jail guard & convict lover's escape revealed NO REMORSE Teen, 14, SMIRKS as he's found guilty of beating dad into coma for defending boy MADDIE FOUND Missing teen, 15, FOUND as three men arrested on suspicion of child abduction