Saudi Wants to Grow Wealth Fund to $2 Trillion by 2030

Saudi Wants to Grow Wealth Fund to $2 Trillion by 2030

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Business

University

Hard

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The transcript discusses the ambition to grow the largest sovereign wealth fund to $2 trillion by 2030. Key growth strategies include performance, government assets, cash injections, and profit recycling. The fund's staff has grown from 40 to over 700, with plans to exceed 1000 employees, primarily in Saudi Arabia. Global expansion includes opening offices in New York, London, and potentially Asia.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the size of the staff when the sovereign wealth fund started?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Where is the first office of the sovereign wealth fund expected to be located?

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