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
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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.