The following chart shows the list of roles and the supported actions on management groups.
Note:
Each directory is given a single top-level management group called the "Root" management group. This root management group is built into the hierarchy to have all management groups and subscriptions fold up to it. This root management group allows for global policies and Azure role assignments to be applied at the directory level. The Azure AD Global Administrator needs to elevate themselves to the User Access Administrator role of this root group initially. After elevating access, the administrator can assign any Azure role to other directory users or groups to manage the hierarchy. As administrator, you can assign your own account as owner of the root management group.
Reference:
https://docs.microsoft.com/en-us/azure/governance/management-groups/overview