Most Expensive Car Number Plate in the World! | Jagran Business- Watch Video

A wealthy bidder broke a record established in the United Arab Emirates more than ten years ago by spending a world-record 55 million dirhams ($15 million or 123 crore) on a rare car licence plate in Dubai. 

According to Emirates Auction LLC, plate number P 7—which at first glance appears to be the number 7 by itself with the P offset—was sold on Saturday during a charity auction. The proceeds will go to Sheikh Mohammed bin Rashid's 1 Billion Meals Endowment, a global food relief effort. He is the ruler of Dubai.

Most Expensive Number Plate Price

In order to raise money for charity, the UAE regularly auctions off vanity licence plates that the super-wealthy use to flaunt their rank and wealth. The most recent auction shattered a record established in 2008 by local entrepreneur Saeed Abdul Ghaffar Khouri, who shelled out 52.2 million dirhams for an Abu Dhabi number plate featuring the number 1.