What Is PIF, The Main Owner Of Newcastle United F.C? What Is PIF’s Net Worth?

PIF, known fully as Public Investment Fund, is a large sovereign wealth fund with total estimated assets of over $500 billion.

The Public Investment Fund was formed in 1971 in Saudi Arabia for the purpose of investment funds on behalf on behalf of the government of Saudi Arabia.

PIF was founded by Faisal bin Abdulaziz Al Saud and has its headquarter in Riyadh, Saudi Arabia. The governor of the Public Investment Fund is Yasir bin Othman Al-Rumayyan and the chairman is Mohammad bin Salman.

The website of the Public Investment Fund is www.pif.gov.sa

The Main Owner Of Newcastle United F.C

The Governor of the Public Investment Fund, Yasir bin Othman Al-Rumayyan, is the chairman of the Newcastle United Football Club. Public Investment Fund, led by Al-Rumayyan, own an 80% stake in the Newcastle United Football Club.

What Is PIF’s Net Worth?

The Public Investment Fund has a net worth estimation of over $500 billion.