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Saudi Arabia Plans $2T Megafund For Post-Oil Era - Deputy Crown Prince Mohammed Bin Salman

by bloomberg.com posted 2years ago 7321 views
Saudi Arabia is getting ready for the twilight of the oil age by creating the world’s largest sovereign wealth fund for the kingdom’s most prized assets. Over a five-hour conversation, Deputy Crown Prince Mohammed bin Salman laid out his vision for the Public Investment Fund, which will eventually control more than $2 trillion and help wean the kingdom off oil.