What is Public Investment Fund?
{{Intro-rewrite|date=January 2024}} {{Infobox company | name = Public Investment Fund | logo = Public Investment Fund (Saudi Arabia) logo.svg | native_name = صندوق الإستثمارات العامة | native_name_lang = arb | foundation = {{Start date and age|df=yes|1971|08|17}} | founder = [[Faisal of Saudi Arabia|Faisal bin Abdulaziz]] | location_city = [[Riyadh]] | key_people = {{Unbulleted_list|[[Mohammed bin Salman]]|[[Yasir Al-Rumayyan]] (governor)}} | aum = {{currency|776|USD}} billion ({{currency|538|GBP}} billion)<ref>{{cite web |title=Top 100 Largest Sovereign Wealth Fund Rankings by Total Assets – SWFI |url=https://www.swfinstitute.org/fund-rankings/sovereign-wealth-fund |website=swfinstitute.org}}</ref> | location_country = [[Saudi Arabia]] | homepage = {{Official URL}} }} The '''Public Investment Fund''' ('''PIF)''' is the [[sovereign wealth fund]] of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$776 billion (£538 billion).{{cn|date=January 2024}} It was created in 1971 for the purpose of investing funds on behalf of the Government of Saudi Arabia.{{cn|date=January 2024}} The wealth fund is controlled by [[Mohammed bin Salman|Crown Prince Mohammed bin Salman]], Saudi Arabia's ''de facto'' ruler since 2015.{{cn|date=January 2024}} ==References== {{Reflist}} {{stub}} [[Category:Saudi Arabia]]