Khouri pays 14 million dollar for 1 Abu Dhabi license plate
Car News — By Des on February 17, 2008 at 11:28 pm — 1 Comment
Saeed Abdel Ghaffar Khouri paid 14 million dollar for an Abu Dhabi license plate with the number 1, breaking the previous record held by his relative Talal Ali Mohammad Khouri, who paid up to 7 million dollars for the Abu Dhabi plates with number 5 and number 7. After the auction of 90 plates Khouri said he would have bid as much as 26 million dollars to get the desiriable plate. When asked what he intends to do with the plate he stated that the plate will be kept on one of the family cars and that he has no intention to sell it.
The auction, consisting of license plates only, raised about 24 million dollars. Proceeds from the auction go toward building a specialized emergency hospital in the United Arab Emirates.
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