Saudi Arabia’s PIF reports a $15.6B loss in 2022 after its Vision Fund and tech investments cratered; assets under management reached $595.5B due to Aramco (Fahad Abuljadayel/Bloomberg)

Fahad Abuljadayel / Bloomberg:
Saudi Arabia’s PIF reports a $15.6B loss in 2022 after its Vision Fund and tech investments cratered; assets under management reached $595.5B due to Aramco  —  – Softbank’s fund saw a record loss of $32 billion in 2022  — Current estimates place the PIF’s assets at $777 billion