Yasir Al-Rumayyan salary: How much does Yasir Al-Rumayyan make? – It is difficult to estimate Yasir Al- Rumayyan’s salary because he has multiple positions in several multimillion-dollar organizations. Despite his exact pay being unknown, he controls approximately $600 billion due to his role with PIF.
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He is the governor of the Public Investment Fund (PIF), the Kingdom of Saudi Arabia’s sovereign wealth fund.
Aside from that, he is the chairman of the English football club Newcastle United and the chairman of the state-owned petroleum company Saudi Aramco, the world’s most valuable company, valued at $1.7 trillion.
According to 2021 documents, his work as Chairman of Saudi Aramco earned him $313,372, a pittance in comparison to his other investments.
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He also plays other important roles:
- He is a member of the Council of Economic and Development Affairs, as well as an advisor to the Council of Ministers General Secretariat, a Chairman of the Decision Support Center, and a board member of the Saudi Industrial Development Fund.
- He serves on the boards of both the NEOM Company and the Red Sea Development Company.
- Al-Rumayyan serves on the boards of various firms that PIF has invested in, including Uber, but does not receive anything from them. He also serves on the boards of Softbank and the ARM Corporation.
Yasir al-Rumayyan was crowned the “new monarch of global golf” in June 2023, chairing the board of the newly formed empire that combined the PGA Tour, LIV Golf, and the European Tour.
Source: abtc.ng
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