The chairman of MGX is the son of the 'founding father' of the UAE, and is currently the younger brother of the president.

On March 12, according to the MGX official website, Tahnoon bin Zayed, chairman of MGX, is the Deputy Prime Minister of the United Arab Emirates and the National Security Advisor of the UAE. He is the son of the first President of the UAE, Sheikh Zayed Bin Sultan Al-nahayan, and the brother of the current President of the UAE, Mohamed Bin Zayed Al-Nahyan. The 56-year-old Tahnoon bin Zayed controls two sovereign wealth funds with assets totaling up to $14 trillion. MGX Fund Management Limited is a UAE state-owned artificial intelligence technology investment company. Established by the Abu Dhabi government in 2024, MGX aims to be a vehicle for AI-driven investments with a target of managing $100 billion in assets. It focuses on accelerating the development and adoption of AI and advanced technologies through establishing world-leading partnerships in the UAE and globally.