Most Expensive License Plate

Talal Khouri, a Dubai-based stockbroker, made history recently when he became the owner of the world’s most expensive license plate. He won the expensive license plate after placing the winning bid during an auction to benefit individuals with special needs. Oddly, the expensive license plate displayed the number five. You would think the most expensive license plate in the world would at least read ‘1’ or maybe something clever alluding to the owner’s wealth.

Well, now it does.

Saeed Khouri, a businessman from a wealthy Abu Dhabi family, recently purchased a license plate emblazoned with the number one from an auction that sold around ninety other vanity plates. The auction brought in $24 million which, ironically enough, will benefit a rehabilitation center for victims of traffic accidents. $14 million of that came from the sale of the ‘1’ plate.

Comparatively, only $6.2 million was paid for the ‘5’ plate. That price was almost ten times as much as the former most expensive license plate, ‘M1’, which fetched about $660,000 in Yorkshire, Northern England.

Reporters asked Talal Khouri if the number ‘5′ had any special or sentimental meaning to him. “The number does not mean anything to me. I will keep it and after my death it will be re-auctioned and probably raise more money that will again be given to charity and humanitarian work,” he added.

The owner of the current most expensive license plate, on the other hand, was not so humble. He reportedly said of the purchase, “I bought it because it’s the best number. I bought it because I want to be the best in the world.”

Unlike standard license plates in the UAE, these vanity plates include only a single Western digit and no Arabic letters or numerals.

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