$14 Million Dollar World Record for Most Expensive Vanity License Plate in UAE

 

We touched on the last auction in which the Emerald Hotel in Abu Dhabi hosted a charity license plate auction in which the number “5″ sold for millions.

This time they auction was for the highly desired vanity license plates simply reading “1″.  It was a heated battle in which moments after the plate went up for auction there were 6 wealthy business men all battling to take home this highly coveted vanity license plate.

The winning bidder was Saeed Al Khouri who took his new number “1″ vanity license plate home for a whopping $14,000,000 or Dh25.2 million.  He broke the record of his own cousin who was also one of the bidders for this plate.  The cousin, Talal Ali Mohammad Khouri, also a prominent business man owns the former record setting plate number “5″.

Read more here.