Sheikh Ahmed bin Zayed Al Nahyan, managing director of the Abu Dhabi Investment Authority, died March 26 in a glider crash in Morocco, according to an announcement today from WAM, the state news agency of the United Arab Emirates.
Mr. Ahmed, the 41-year-old brother of Abu Dhabi's president, Sheikh Khalifa bin Zayed Al Nahyan, oversaw the world's largest sovereign wealth fund with estimated assets of $627 billion, according to data from the Sovereign Wealth Fund Institute.
He had been reported missing after his glider crashed into a lake at the Saidi Mohammed bin Abdullah Dam, about 25 miles south of Rabat, Morocco.
Authorities searched for four days before recovering his body.
Abu Dhabi's Ministry of Presidential Affairs announced three days of mourning nationally beginning March 31.
Detailed information about his role at ADIA was not immediately available.