09 HE KHALDOON KHALIFA AL MUBARAK

CEO, MUBADALA INVESTMENT

ORIGIN UAE RESIDENCE UAE SECTOR DIVERSIFIED 2016 RaNk 10

It has certainly been an eventful 12 months for Al Mubarak, a prolific businessman and trusted advisor to Abu Dhabi’s Crown Prince, HH Mohammed Bin Zayed Al Nahyan. Since our previous list his sovereign investment vehicle has made a number of interesting investments, including a 20 per cent stake in Bahrain-based alternative investment firm Investcorp, and was also linked to Japanese telecom giant SoftBank’s $100bn technology fund in January. But, As commodity prices continued to weigh on Mubadala Development's financial results, the most interesting move was news of the company’s merger with sister firm International Petroleum Investment Co. Now complete, the combination has created a fund with combined assets worth around $125bn and Al Mubarak is sat right at the helm.