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The pilot of the aircraft was rescued in good condition, but authorities continued the search for Al Nahyan.
Last year, the head of the world's biggest sovereign wealth fund began making headline-grabbing deals, investing money in Citigroup and Toll Brothers in the U.S. and in real estate around the world.
Abu Dhabi Investment Authority
is famously secretive; as its profile gets higher in the U.S., calls for greater transparency increase.
In 2009 Ahmed was ranked as the 27th most powerful person in the world by Forbes.
He served as Interior Minister of UAE from 2004. He is the current Undersecretary of Ministry of Finance & Industry.
Ahmed bin Zayed is missing in a plane crash in Morocco
Mar 26, 2010 - 10:04 -
WAM Abu Dhabi, 26th March 2010 (WAM) -- A sailplane carrying H.H. Sheikh Ahmed bin Zayed Al Nahyan, Chairman of the Board of Trustees of the Zayed Foundation for Charity and Humanitarian Works and Managing Director of Abu Dhabi Investment Authority, has crashed on a lake in Morocco.
The pilot was rescued and he is in a good condition but search is still on for Sheikh Ahmed.