If he's legit, he's part of the al Maktoum family is the ruling family of Dubai. I have friends from Canada (Woodbine, Chump) who worked for them in their horse racing business. They have world class facilities and breed/race some of the finest horses in the world! They host the Dubai World Cup, which is a $6 or $10MM race in which they pay for all expenses and such.
They own Godolphin Stables. Wiki any of this and you'll see.
Now, the $64,000 question: is " the sheik" truly related? His handle and avatar don't look fake but I'm not about to get catfished either!