The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · deployed

~$900B AUM (May-2026) — domestically NEOM, Red Sea, Qiddiya, Roshn; internationally $45B Vision Fund, $20B Blackstone, Lucid, gaming stakes; AI via Humain

med confidence · as of 2026-07-26 · about PIF

Sourced figures 1

  • Wikipedia — Public Investment Fund NEOM, Red Sea, Qiddiya, Roshn (domestic giga-projects); $45B Vision Fund, $20B Blackstone infra, Lucid, gaming (EA/Take-Two/Activision/Nintendo/Capcom/Nexon)

    2026-05 med


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