All Brands Owned by Public Investment Fund (Saudi Arabia)

What does the Public Investment Fund own?
PIF owns 225 direct investments including a majority stake in Lucid Motors, Newcastle United Football Club, a significant stake in Uber Technologies, and a large commitment to SoftBank's Vision Fund. Domestically, PIF funds giga-projects including NEOM, the Red Sea Project, Qiddiya, and Diriyah, and holds stakes in dozens of Saudi companies across entertainment, tourism, technology, mining, gaming, and agriculture. PIF also established Humain for AI infrastructure.

Who controls the Public Investment Fund?
PIF is wholly owned by the Kingdom of Saudi Arabia. Crown Prince Mohammed bin Salman chairs PIF's board of directors. Yasir Al-Rumayyan serves as Governor (CEO equivalent).

How large is the Public Investment Fund?
As of December 2025, PIF manages total assets of SR4.54 trillion ($1.21 trillion), making it one of the world's largest sovereign wealth funds. The fund reported FY2025 net profit of SR65.2 billion ($17.4 billion), up 153% from 2024. PIF has a stated target of managing $2 trillion in assets by 2030.

What were PIF's FY2025 financial results?
PIF reported FY2025 net profit of $17.4 billion (SR65.2B), up 153% from 2024. Total revenue was $120 billion (SR449.9B), up 8.8%. Operating profit doubled to SR78 billion. Total assets grew 5.1% to $1.21 trillion. Government capital contributions dropped 90% to SR54 billion, while debt increased to SR725 billion. The fund holds SR350 billion+ in cash.

What is Vision 2030?
Vision 2030 is Saudi Arabia's strategic framework for economic diversification, announced by Crown Prince Mohammed bin Salman in April 2016. The strategy aims to reduce Saudi Arabia's dependence on oil revenue by developing new industries including tourism, entertainment, technology, AI, and manufacturing. PIF is a central instrument of Vision 2030, having invested $199B+ in domestic projects (2021-2025) and contributing $243B to non-oil GDP.

What is PIF's 2026-30 strategy?
PIF's 2026-30 strategy, approved in April 2025, emphasizes capital discipline, institutional excellence, and a larger role for private capital partnerships rather than further scaling giga-project spending on PIF's own balance sheet. The shift reflects a maturing approach as the fund transitions from aggressive deployment to sustainable returns.

Is the Public Investment Fund publicly traded?
No, PIF is not publicly traded. It is wholly owned by the Kingdom of Saudi Arabia. PIF files audited consolidated financial statements with the London Stock Exchange and publishes annual reports, but does not publish detailed financial statements comparable to publicly listed companies.