According to current data from the SWF Institute, Saudi Arabia’s Public Investment Fund (PIF) remained in eighth place among the world’s largest sovereign wealth funds (SWFs) at the end of 2021.
The assets of the Kingdom’s sovereign wealth fund increased by $30 billion to $480 billion in October 2021, up from $450 billion.
By 2025, the PIF wants to have a total asset volume of more than SAR 4 trillion
By 2025, the PIF wants to have a total asset volume of more than SAR 4 trillion, or $1,066 trillion. Crown Prince Mohammed bin Salman has announced that the fund wants to reach SAR 10 trillion ($2.7 trillion) in assets by 2030.