Public Investment Fund (PIF): Saudi Arabia's $925 Billion Sovereign Wealth Engine

Wed, 06 May 2026 00:00:00 +0000

What Is the Public Investment Fund (PIF)?

The Public Investment Fund (PIF) is Saudi Arabia’s sovereign wealth fund and the central balance-sheet vehicle through which the Kingdom is financing Vision 2030. With assets under management of roughly $925 billion at year-end 2024 and rising toward $1.15 trillion through 2025, PIF ranks fifth among the world’s largest sovereign investors, behind Norway’s Government Pension Fund Global, China Investment Corporation, Abu Dhabi Investment Authority and Kuwait Investment Authority. The fund’s annualised AUM growth from approximately $152 billion in 2015 to over $1 trillion a decade later represents one of the most rapid expansions of sovereign capital in modern financial history.

Yasir-Al-Rumayyan on SAUDI VISION 2030 Intelligence Platform

Public Investment Fund (PIF): Saudi Arabia's $925 Billion Sovereign Wealth Engine

What Is the Public Investment Fund (PIF)?