Indian businessman buys most expensive number plate in the world for $4.2 million

Published on

Advertisement

New Delhi: The number plate “P 7” has set a Guinness World Record as the most expensive number plate ever sold in an auction. The plate, which was sold for a whopping Rs 31 crore ($4.2 million USD) in Abu Dhabi, was purchased by an Indian businessman, Balwinder Sahani, in 2016.

The previous record was held by another Abu Dhabi number plate, “F1,” which sold for Dh52.2 million ($14.2 million USD) in 2008.

The “P 7” number plate is made of gold and features the number “7” in diamonds. The plate was part of a special auction that featured over 90 rare and distinguished number plates from Abu Dhabi.

The auction, which was held by Emirates Auction in October 2016, generated a total of Dh95 million ($25.8 million USD) in revenue from the sale of the unique number plates.

Balwinder Sahani, who is known for his love of unique and expensive number plates, also purchased another number plate, “O 9,” for Dh25 million ($6.8 million USD) during the same auction.

The record-breaking purchase of the “P 7” number plate has garnered international attention and has sparked a renewed interest in the market for rare and unique number plates.

Latest articles

Delhi Pollution Crisis Deepens as AQI Reaches 324, GRAP-II Restrictions Come Into Force

Delhi's air pollution crisis has intensified with the national capital's Air Quality Index (AQI)...

Russian Drone Hits Passenger Trains in Dnipro, Leaving at Least 13 Dead

A Russian drone strike on a railway platform in the Ukrainian city of Dnipro...

Ayushmann Khurrana’s Udta Teer Sees 76.8% Box Office Jump on Day 2

Ayushmann Khurrana's Udta Teer witnessed a substantial increase in box office earnings on its...

Deadly Attack on Saudi Arabia’s King Fahd Airport Kills Two, Injures Eight

A deadly attack on King Fahd International Airport in Dammam, eastern Saudi Arabia, has...
Advertisement
Advertisement