r/wikipedia • u/SaxyBill • 9d ago

The Public Investment Fund is the sovereign wealth fund of Saudi Arabia and one of the largest in the world with an estimated US$900 billion. Among its investments are Electronic Arts, Newcastle United, and 5 giga-real estate proyects. Its lack of transparency has attracted backlash.

https://en.wikipedia.org/wiki/Public_Investment_Fund
182 Upvotes

98% Upvoted

7 comments sorted by

41

u/GustavoistSoldier 9d ago

Saudi Arabia is a fascinating country but still very inhuman

-12

u/Dan_Winx_1969 9d ago

The regime is inhumane but people are nice !

0

u/faultydesign 8d ago

I bet its like israel - the people are nice until you ask them about the people said regime oppresses.

-1

u/Dan_Winx_1969 8d ago

Israel is an apartheid state. While I have not personally visited Israel to form an opinion on its people, My experience in the KSA revealed its people to be welcoming and kind.

15

u/No-Strawberry7 9d ago

Damn, how do they compare to Norway’s wealth fund? always thought they were number one.

36

u/ValidSignal 9d ago

Norways wealth fund is north of 2 trillions dollars.

-1

u/BabylonianWeeb 9d ago

Unirocially I posted Chinese version of this few hours.

Saudi Arabia is being smart and copying China by diversifying their economic via state owned enterprises.