Sheikh Maktoum Hasher Maktoum Al Maktoum ( ar, الشيخ مكتوم حشر مكتوم آل مكتوم) is a member of

Dubai Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of ...

's ruling family. He is a second cousin once removed of

Mohammed bin Rashid Al Maktoum Sheikh Mohammed bin Rashid Al Maktoum ( ar, محمد بن راشد آل مكتوم, links=no; ; born 15 July 1949) is the Prime Minister of the United Arab Emirates, vice president, prime minister, and minister of defence of the United Arab Emir ...

, the current ruler of Dubai.

's grandfather, Saeed bin Maktoum and Sheikh Maktoum's great-grandfather, Juma bin Maktoum were brothers.

Early life, education, and career

Sheikh Maktoum received a BSBA in Finance with Honors from

Suffolk University Suffolk University is a private research university in Boston, Massachusetts. With 7,560 students (includes all campuses, 7,379 at the Boston location alone), it is the eighth-largest university in metropolitan Boston. It was founded as a l ...

Boston Boston (), officially the City of Boston, is the state capital and most populous city of the Commonwealth of Massachusetts, as well as the cultural and financial center of the New England region of the United States. It is the 24th- mo ...

, Massachusetts, USA. Sheikh Maktoum is also presently the Chairman of the Dubai International Holding Company (a private investment firm with extensive experience in natural resources, mining, traditional and renewable energy), Al-Nasr Sports Club. As director of Shadar Holdings Sheikh Maktoum helped bring

Virgin Megastores Virgin Megastores is an international entertainment retailing chain, founded in early 1976 by Richard Branson as a record shop on London's Oxford Street. In 1979 the company opened their first Megastore at the end of Oxford Street and Tottenha ...

, Promod,

Pull and Bear Pull&Bear () is a Spanish clothing and accessories retailer based in Narón (A Coruña), Galicia founded in 1991. It is part of Inditex, owner of Zara and Bershka brands. History The chain was established in 1991 due to the diversification o ...

, and

Bershka Bershka () is a clothing retailer company created in 1998 in Spain. It is part of the Spanish Inditex group (which also owns brands such as Zara, Massimo Dutti, Pull&Bear, Oysho, Uterqüe, Stradivarius and Zara Home). The company was created in ...

into the

United Arab Emirates The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at th ...

. Sheikh Maktoum was the Founder, President and Chairman of the

A1 Grand Prix A1 Grand Prix (A1GP) was a "single-make" open-wheel auto racing series that ran from 2005 until 2009. It was unique in its field in that competitors solely represented their nation as opposed to themselves or a team, the usual format in most for ...

racing series. After an extremely successful 1st season of A1GP, during which Maktoum proved it was an exciting new form of motorsport, it was announced on September 29, 2006 that he was to sell his position as Chairman & Director of A1GP. The transfer of his share in the organisation of A1 Grand Prix to RAB Capital was finalized in December 2006. Sheikh Maktoum Hasher Maktoum Al Maktoum, was selected as a Young Global Leader 2007 by the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...

. Sheikh Maktoum Hasher Maktoum Al Maktoum was awarded the prestigious 'CEO of the Year' honour in the property sector for the Mena region. In the wake of the financial crisis hitting Dubai bonds heading into 2010, Sheikh Maktoum helped calm markets by buying up Dubai bonds before the debt was restructured. In May 2011, Shuaa Capital announced that Sheikh Maktoum had been appointed chairman of its board of directors, because of his record of successfully supporting business turnarounds."Shuaa Capital announces new Chairman"
, dubaichronicle.com, 11 May 2011

Personal life

His elder nephew is

Ahmad Mohammad Hasher Al Maktoum Sheikh Ahmad bin Mohammad bin Hasher Al Maktoum (أحمد بن محمد بن حشر آل مكتوم) (born 31 December 1963 in Dubai) is a shooter from the United Arab Emirates, who won the first ever Olympic medal for his country. Sport career ...

References

External links

Desert Storm In Dubai – Forbes.comDubai International Holding CompanyA1GP
{{DEFAULTSORT:Maktoum Hasher Maktoum Al Maktoum Emirati businesspeople Emirati motorsport people A1 Grand Prix people Auto racing executives Maktoum family Living people Year of birth missing (living people) People from Dubai Suffolk University alumni