World's Most Expensive Car Number Plate Sells For ₹ 123 Crore
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The weekend's auction winner's identity was kept a secret. In Dubai, a wealthy bidder paid a record-breaking 55 million dirhams (Rs.123 crore) for a rare car licence plate. parkplusio
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 1Billion Meals Endowment, a global food aid initiative led by Dubai's ruler Sheikh Mohammed bin Rashid, will receive the proceeds.
The most recent auction shattered a record set in 2008 by local entrepreneur Saeed Abdul Ghaffar Khouri, who shelled out 52.2 million dirhams for an Abu Dhabi number plate bearing the number 1.
The UAE regularly auctions off vanity plates—used by the super-wealthy to flaunt their status and wealth—for charitable causes.
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