34. Mohamed Badawy Al-Husseiny

34. Mohamed Badawy Al-Husseiny
Age Unknown
Occupation CEO
Nationality Emirati
Position Last Year 38 

Not much is known about the guarded CEO of Aabar, Mohamed Badawy Al-Husseiny, but the relatively new company has been a virtual treasury for the Abu Dhabi government since the state-owned IPIC announced an 84% subsidy of the investment group. Aabar became involved with Daimler AG in a bid to provide the capital for the buyout of Brawn GP and the formation of Mercedes GP Petronas, however it is also a stakeholder in the Daimler AG group, with a reported investment of $2.7bn (around 9%). Aabar owns 40% of Mercedes after buying the remaining shares from Ross Brawn and his partners in 2011. Fingers in other pies and surely more to come…

 




There are no comments

Add yours