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…
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