expanding
Chairs PIF (~$900B AUM, targeting $1T+ by 2025) and was given personal control over Saudi Aramco by royal decree in 2015 (state controls ~98.19% of Aramco); Crown Prince since 2017 and Prime Minister since 2022. Sovereign capital fueling NEOM/Vision 2030, though NEOM itself has been scaled back since 2024.
Sourced figures 3
- Wikipedia — Public Investment Fund identified as PIF chairman: 'the wealth fund has Crown Prince Mohammed bin Salman... as its chairman'; AUM US$900 billion (May 2026), target over $1 trillion by 2025
- Wikipedia — Mohammed bin Salman given control over Saudi Aramco by royal decree in April 2015, following appointment as deputy crown prince
- Wikipedia — Mohammed bin Salman Crown Prince of Saudi Arabia since 21 June 2017; Prime Minister since 27 September 2022
the working
Basis
Chairs PIF (~$900B AUM, targeting $1T+ by 2025) and was given personal control over Saudi Aramco by royal decree in 2015 (state controls ~98.19% of Aramco); Crown Prince since 2017 and Prime Minister since 2022. Sovereign capital fueling NEOM/Vision 2030, though NEOM itself has been scaled back since 2024.
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