Public Investment Fund
sovereign wealth fund owned by Saudi Arabia From Wikipedia, the free encyclopedia
Remove ads
The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$776 billion (£538 billion).[source?] It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia.[source?] The wealth fund is controlled by Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015.[source?]
 | To comply with Wikipedia's guidelines, the introduction of this article may need to be rewritten. (January 2024) |
_logo.svg){kind=logo}
Remove ads
References
Wikiwand - on
Seamless Wikipedia browsing. On steroids.
Remove ads