
The head of Emirates Auction, Abdulla al Mannaie, poses with the no. 1 license plate that sold for a record $14.3 million.
No, it’s not made of solid gold — just ordinary materials, evidently. But it does come with the swagger of being labeled no. “1.” And that’s evidently worth a record $14.3 million.
Today, a businessman named Said Abdul Ghafour Khouri was willing to pay 52.2 dirham — the equivalent of $14.3 million — for the local license plate labeled “1″ at an auction at the 7-star Emirates Palace Hotel here, making it the world’s most expensive license plate.