Saturday, 27 September, 2025
Abu Dhabi Royals Secure 15% Stake in TikTok US Under Deal Valued at $14B
The Abu Dhabi royal family, via MGX (led by Sheikh Tahnoon bin Zayed Al Nahyan), has acquired a 15% stake in TikTok’s U.S. operations, under a deal valuing the company at $14 billion. The move was authorized by an executive order from Donald Trump and grants them a seat on TikTok US’s board. Under the new ownership structure, American entities will control over 65%, while ByteDance retains just under 20%.
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