Public Investment Fund

Sovereign wealth fund owned by Saudi Arabia

The Public Investment Fund is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$900 billion. It was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015, as its chairman.

Also known as...

PIF and Public Investment Fund of Saudi Arabia

Wikipedia
Official website

Sport Business US & Canada

LIV Golf faces potential bankruptcy

LIV Golf reportedly considers bankruptcy as Saudi funding for the breakaway league falters.

War dents Saudi's efforts to diversify economy Semafor — May 21, 22:44 PM
LIV Golf seeking $350 million in funding after losing Saudi PIF backing, say sources The Straits Times — May 21, 17:44 PM
LIV Golf preparing to file for bankruptcy in the US as it desperately seeks new funding NY Post — May 19, 20:15 PM
Was LIV Golf an expensive failure for Saudis? Not everyone thinks so The Straits Times — May 02, 04:03 AM
How the $5bn Saudi bet on LIV Golf unravelled Financial Times — May 02, 04:00 AM
How LIV Golf blew $6 billion of Saudi Arabian cash in its high-priced failure NY Post — May 01, 15:04 PM
LIV Golf to lose investment from Saudi Arabia, fund says 📹 ABC News — May 01, 14:30 PM · 1min
Rory McIlroy predicted LIV Golf's downfall before Saudi PIF pulled funding in 2026 Irish Mirror — May 01, 14:08 PM
LIV Golf players in scramble mode with PIF funding to expire: Reports The Straits Times — May 01, 08:49 AM
Why did Saudi Arabia pull its LIV Golf funding? 📹 CBS News — May 01, 01:24 AM · 2min
LIV Golf on verge of collapse as Saudis pull funding Sydney Morning Herald — Apr 30, 23:20 PM
LIV Golf announces a new chairman and seeks new funding without Saudi backing The Globe and Mail — Apr 30, 22:26 PM
Saudi Arabia’s PIF confirms LIV Golf funding to stop after 2026 season Belfast Newsletter — Apr 30, 17:27 PM
LIV Golf: Saudi Arabia's PIF to stop funding breakaway league at end of 2026 season The Standard — Apr 30, 15:31 PM
Saudi Arabia to pull investment from LIV Golf tour Middle East Eye — Apr 30, 12:32 PM
Saudi Arabia's $6bn golf implosion to be confirmed TODAY: Breakaway league LIV Golf's funding to be pulled leaving top players facing fight to return to the PGA Tour after pocketing millions Daily Mail — Apr 30, 08:48 AM
Saudi Arabia to stop funding LIV Golf next season BBC Sport — Apr 30, 05:36 AM
Saudis to end LIV Golf funding after pouring in $5 billion Boston Globe — Apr 29, 23:35 PM
LIV Golf's Saudi funding will end after 2026 season: report Chicago Sun-Times — Apr 29, 22:04 PM
LIV Golf poised to inform players that Saudi funding will end this year The Guardian — Apr 29, 21:46 PM