The Public Investment Fund (PIF) ranked fifth among the world’s largest sovereign wealth funds (SWFs), after its net assets amounted to $1.15 trillion, recent data from the SWF Institute showed.
PIF's assets rose by $226 billion from $925 billion by the end of December 2024.
Norway’s Government Pension Fund Global took the first spot with $2.04 trillion assets, followed by China’s SAFE Investment Company.
World’s Top 10 Sovereign Wealth Funds ($bln)
| |||||
Ranking
| Fund
| Country
| Assets in Dec.2024
| Assets in Dec. 2025
| Change
|
1
| Government Pension Fund - global
| Norway
| 1.796
| 2.048
| 252
|
2
| SAFE Investment Company
| China
| 1.090
| 1.694
| 604
|
3
| China Investment Corporation
| China
| 1.350
| 1.567
| 217
|
4
| Abu Dhabi Investment Authority
| UAE
| 1.058
| 1.187
| 129
|
5
| Public Investment Fund
| Saudi Arabia
| 925
| 1.151
| 226
|
6
| Kuwait Investment Authority
| Kuwait
| 980
| 1.002
| 22
|
7
| GIC Private Limited
| Singapore
| 800
| 936
| 136
|
8
| Qatar Investment Authority
| Qatar
| 526
| 580
| 54
|
9
| Investment Corporation of Dubai
| UAE
| --
| 429
| --
|
10
| Turkey Wealth Fund
| Turkey
| --
| 360
| --
|