Story perspectives

Mubadala Leads Sovereign Funds with $29.2 Billion Investment

1/2/2025

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Summary

Story summary

In 2024, Mubadala Investment Company emerged as the top sovereign wealth fund, investing $29.2 billion, a 67% increase from 2023.
This investment represented 20% of the global sovereign fund expenditure of $136.1 billion.
Saudi Arabia's Public Investment Fund (PIF) decreased its spending by 37% to $19.9 billion, prioritizing domestic projects.
Gulf sovereign funds collectively invested a record $82 billion, emphasizing AI and digitization initiatives.
Total assets of sovereign wealth funds reached a historic high of $13 trillion.

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Story summary

In 2024, Mubadala Investment Company emerged as the top sovereign wealth fund, investing $29.2 billion, a 67% increase from 2023.
This investment represented 20% of the global sovereign fund expenditure of $136.1 billion.
Saudi Arabia's Public Investment Fund (PIF) decreased its spending by 37% to $19.9 billion, prioritizing domestic projects.
Gulf sovereign funds collectively invested a record $82 billion, emphasizing AI and digitization initiatives.
Total assets of sovereign wealth funds reached a historic high of $13 trillion.