00:00This is the man behind a fund that's become a global force in deal-making.
00:04Yet it works to stay below the radar with its name rarely mentioned in public.
00:09Here's what you need to know about AC Ltd, the family office of Abu Dhabi's ruler and
00:14the President of the United Arab Emirates, Sheikh Mohammed bin Zayed Al Nayang.
00:19It's built positions in mega-cap stocks like Amazon, Microsoft and Nvidia.
00:24These investments offer a window into why Wall Street titans have continued to flock
00:29to the UAE even under the shadow of war.
00:33Family offices are privately owned companies that manage vast fortunes for ultra-wealthy
00:38individuals and super-rich dynasties.
00:41They're also among some of the world's most discreet money managers and by all accounts
00:46they're expanding rapidly.
00:48And the family behind this one, the Arnayans, are one of the richest in the world with an
00:54estimated fortune of at least $335 billion.
00:59So working with AC Ltd is often seen as a badge of honour, a sign of trust from Abu Dhabi's
01:06inner circle.
01:08But despite that heft, royal family offices work actively to stay below the radar,
01:13with mentions of their royal connections rarely ever becoming public.
01:17As Abu Dhabi continues to splash out cash globally, this family offices deal gives a rare insight
01:24into how one of the world's biggest fortunes is managed.
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