Sheikh Ahmed Bin Zayed Al Nahyan's body has found near the location of a glider crash in Moracco which occured on Friday, March 27, 2010. Ahmed is the younger brother of Abu Dhabi's ruler and United Arab Emigrates President, Sheikh Khalifa bin Zayed Al Nahyan.
Sheikh Ahmad was one of the Middle East's greatest business executives. Ahmad found success as the incumbent managing director of Abu Dhabi's Investment Authority (ADIA). ADIA, established in 1976, is the world's largest sovereign wealth fund. Sheikh Ahmad landed on Forbes 2009 list of the world's most powerful people in the 27th spot. Ahmad was born in 1971 and discreetly conducted business despite the prying eye of the press. ADIA recently made global headlines through the estimated $7.5 billion dollar purchase of 4.9% of Citigroup. Speculation maintains that ADIA has an estimated worth of $500-$700 billion dollars though it has never been confirmed by top executives.
Sheikh Ahmad also donated his time and resources as a Board of Trustee of the Zayed Fund for Charitable and Humanitarian Works. Sheikh Ahmad was well loved and respected in business, family, and social circles. His accomplishments and achievements are part of a living legacy despite his tragic passing. Flags will fly at half mast throughout Abu Dhabi and a three day morning period will commence on Wednesday, March 31, 2010 per an announcement made by the Ministry of Presidential Affairs. Sheikh Ahmad's funeral will be held at the Sheikh Zahed Grand Mosque in Abu Dhabi.