Saudi Sovereign Wealth Fund Becomes Largest Outside Shareholder of Nintendo
Posted on 02/17/2023
Nintendo Co., Ltd. is a Japanese multinational video game company headquartered in Kyoto. Saudi Arabia’s Public Investment Fund (PIF) increased its ownership in the Japanese gaming company to 8.26%. The sovereign wealth fund is betting on the video game sector. Saudi Crown Prince Mohammed bin Salman (MBS) is said to be an avid gamer. PIF…
