Saudi Public Investment Fund reports $16 billion in 2022 losses as LIV Golf merger moves forward

Saudi Public Investment Fund reports $16 billion in 2022 losses as LIV Golf merger moves forward

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As it makes headlines for its startup golf tour merging with the PGA and its huge international investment spree, Saudi Arabia’s controversial Public Investment Fund reported $11 billion (AUD$16b) in losses in 2022, according to Bloomberg—a year in which the Saudi fund launched a new sports…

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