According to a Bloomberg report, Saudi Arabia aims to manage an incredible $1.1 trillion (£862bn) worth of assets by 2025 as it seeks to reduce its reliance on oil revenues.
The country's Public Investment Fund (PIF) has become a powerful tool in recent years, allowing the Middle East nation to snap up substantial stakes in everything from Silicon Valley corporations to global gaming giants. Last year, the PIF was the world's biggest investor, making 49 deals worth a total of $31.6 billion (£24.8bn) – an increase of 33% from 2022.
So how far and wide does the reach of PIF go? Read on to discover some of the familiar big-name companies Saudia Arabia has snapped up sizable stakes in. All dollar amounts in US dollars and historic currency conversions correct for the time.