Public Investment Fund
Source Passport
SA-B-00003-7
Issued and maintained by MJRC
- Legal name
- Public Investment Fund
- Country
- Saudi Arabia
- Type
- Business or financial institution
- Founded
- 1971
- Chief executive
- Mohammed bin Salman (Chairman of the Board)
- Claim
- Not claimed by the organisation
- Last verified
- 14 August 2026
1 of 5 layers verified
Transparency
Partial
4 of 6 key disclosures on record, 1 of them checked by our researchers.
- Legal name and registration number not disclosed
- Owners with influence on record, not yet checked
- Beneficial owners (the people behind the companies) not applicable
- State or public-body ownership stated on record, not yet checked
- Revenue mix or named funders on record, not yet checked
- Public contact address not disclosed
- Official websites and accounts verified
- State-owned
- Owners or executives hold or held political office
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Who is it?
Origin
Partly verified
- Brand names Verified
- PIF
- Company registration number
- Not disclosed
- Registered address
- Not disclosed
- Public contact email
- Not disclosed
Who stands behind it?
Control
Not yet verified
- Owners with influence Pending check
Owner Share % Holding Owner type Kingdom of Saudi Arabia 100% Direct State or public body - Beneficial owners
- Not disclosed
- State or public-body ownership Pending check
- Fully state-owned
- Parent group Pending check
- Council of Economic and Development Affairs (Kingdom of Saudi Arabia)
2 sources
- Public Investment Fund Law (English text published by PIF), read 2026-10-20 (Art. 2: the Fund has a public legal personality and financial and administrative independence, is linked to the Council of Economic and Development Affairs, head office in Riyadh; Art. 5: board chaired by the President of the Council of Economic and Development Affairs, with the Governor and at least four experts appointed by royal order; Art. 10: the Governor has the rank of minister; Art. 20: revenues from returns on assets and investments, state appropriations and borrowed funds; Art. 31: supersedes the PIF Law issued by Royal Decree No. M/24 dated 25/6/1391H)
- Public Investment Fund newswire, 'HRH Crown Prince announces completion of the transfer of 4% of state-owned shares in Saudi Aramco', 16 April 2023, read 2026-10-20 (4% of Aramco's issued shares transferred from the State to the Saudi Arabian Investment Company (Sanabil Investments), fully owned by PIF; the State remains the largest shareholder with 90.18%; Crown Prince Mohammed bin Salman, Prime Minister, is Chairman of PIF's Board)
Who pays?
Money
Not yet verified
- Revenue mix
- Not disclosed
- Named investors and funders Pending check
Funder Type Note Government of Saudi Arabia Government or public body state appropriations (cash and in-kind) are one of the Fund's revenue sources under PIF Law Art. 20, alongside investment returns and borrowing
Where does it appear?
Channels
Verified
- Official websites Verified
- Official social accounts
- Not disclosed
Who is connected?
Networks
Not yet verified
- Related companies in the same group Pending check
- Saudi Arabian Investment Company (Sanabil Investments)
- Documented public-office or party roles Pending check
- On file; available on request. Request the full record
2 sources
- Public Investment Fund Law (English text published by PIF), read 2026-10-20 (Art. 2: the Fund has a public legal personality and financial and administrative independence, is linked to the Council of Economic and Development Affairs, head office in Riyadh; Art. 5: board chaired by the President of the Council of Economic and Development Affairs, with the Governor and at least four experts appointed by royal order; Art. 10: the Governor has the rank of minister; Art. 20: revenues from returns on assets and investments, state appropriations and borrowed funds; Art. 31: supersedes the PIF Law issued by Royal Decree No. M/24 dated 25/6/1391H)
- Public Investment Fund newswire, 'HRH Crown Prince announces completion of the transfer of 4% of state-owned shares in Saudi Aramco', 16 April 2023, read 2026-10-20 (4% of Aramco's issued shares transferred from the State to the Saudi Arabian Investment Company (Sanabil Investments), fully owned by PIF; the State remains the largest shareholder with 90.18%; Crown Prince Mohammed bin Salman, Prime Minister, is Chairman of PIF's Board)
Change history
| Version | Date | What changed |
|---|---|---|
| 2 | 20 October 2026 | Updated from research database (Origin, Control, Money, Channels, Networks) |
| 1 | 19 October 2026 | First published |
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