The Art of the StealA project of the Save America Movement
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Public Investment Fund

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Saudi Arabia's sovereign wealth fund, established in 1971 and dramatically expanded under Crown Prince Mohammed bin Salman as the financial engine of his Vision 2030 economic-diversification program. As of 2022 the fund held roughly $620 billion in assets, including stakes in Uber, the Newcastle United Football Club, and a growing portfolio of U.S. private-equity firms. The crown prince chairs its board and is its paramount decision-maker.

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Includes actions Public Investment Fund appears on directly, plus actions flagged against the sectors it belongs to.

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July 2021

Saudi sovereign fund hands Kushner's firm $2 billion over its panel's objections

Saudi Arabia's $620 billion sovereign wealth fund. Its Board Investment Committee voted unanimously against the Kushner deal at the June 30, 2021 meeting (codename "Project Astro"); the full board, chaired by Crown Prince Mohammed bin Salman, overrode the panel within days and approved the $2 billion commitment.

$2B

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