Ahmed bin Zayed Al Nahyan
Encyclopedia
HH Sheikh Ahmed bin Zayed Al Nahyan was an Emirati
businessman and Managing Director of the Abu Dhabi Investment Authority
(ADIA, world's biggest sovereign wealth fund
). In 2009 Ahmed was regarded as the 27th most powerful person in the world by Forbes
., while his eldest brother Khalifa, President of UAE, Chairman of ADIA, listed the 2nd in Forbes The World's Richest Royals in 2008. and 3rd in 2009.
Ahmed was one of the sons of Sheikh Zayed bin Sultan Al Nahyan and in 2007 was appointed the Under Secretary of Ministry of Finance and Industry. He served as Interior Minister of United Arab Emirates in 2004. Sheik Ahmed was also known for his charitable activities and served as Chairman of the Board of Trustees of the influential Zayed Foundation for Charitable and Humanitarian Works.
. Soon after, the plane was found to have crashed into the lake Sidi Mohamed Ben Abdellah, near the Moroccan capital, Rabat
. Sheikh Ahmed's family, the Al Nahyan, have a residence on the shore of that lake, where Ahmed used to come often. The craft's Spanish pilot, his flight instructor Julio López, survived the accident and was quickly rescued. Ahmed's body was only recovered from the crash site four days later on 30 March, despite an intensive search by helicopters and divers from several countries.
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
businessman and Managing Director of the Abu Dhabi Investment Authority
Abu Dhabi Investment Authority
The Abu Dhabi Investment Authority is a sovereign wealth fund owned by Abu Dhabi, United Arab Emirates founded for the purpose of investing funds on behalf of the Government of Abu Dhabi....
(ADIA, world's biggest sovereign wealth fund
Sovereign wealth fund
A sovereign wealth fund is a state-owned investment fund composed of financial assets such as stocks, bonds, property, precious metals or other financial instruments. Sovereign wealth funds invest globally. Some of them have grabbed attention making bad investments in several Wall Street financial...
). In 2009 Ahmed was regarded as the 27th most powerful person in the world by Forbes
Forbes Magazine's List of The World's Most Powerful People
Starting in 2009, Forbes Magazine compiles an annual list of the world's most powerful people. The list has one slot for every 100 million people on Earth, meaning in 2009 there were 67 people on the list, in 2010 there were 68, and in 2011 there were 70. Slots are allocated based on the financial...
., while his eldest brother Khalifa, President of UAE, Chairman of ADIA, listed the 2nd in Forbes The World's Richest Royals in 2008. and 3rd in 2009.
Ahmed was one of the sons of Sheikh Zayed bin Sultan Al Nahyan and in 2007 was appointed the Under Secretary of Ministry of Finance and Industry. He served as Interior Minister of United Arab Emirates in 2004. Sheik Ahmed was also known for his charitable activities and served as Chairman of the Board of Trustees of the influential Zayed Foundation for Charitable and Humanitarian Works.
Death
Ahmed was reported missing on 26 March 2010 after the ultralight aircraft in which he was learning to fly disappeared while flying in MoroccoMorocco
Morocco , officially the Kingdom of Morocco , is a country located in North Africa. It has a population of more than 32 million and an area of 710,850 km², and also primarily administers the disputed region of the Western Sahara...
. Soon after, the plane was found to have crashed into the lake Sidi Mohamed Ben Abdellah, near the Moroccan capital, Rabat
Rabat
Rabat , is the capital and third largest city of the Kingdom of Morocco with a population of approximately 650,000...
. Sheikh Ahmed's family, the Al Nahyan, have a residence on the shore of that lake, where Ahmed used to come often. The craft's Spanish pilot, his flight instructor Julio López, survived the accident and was quickly rescued. Ahmed's body was only recovered from the crash site four days later on 30 March, despite an intensive search by helicopters and divers from several countries.