Age, Biography and Wiki
Yasir Al-Rumayyan was born on 20 February, 1970. Discover Yasir Al-Rumayyan's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 53 years old?
| Popular As | Yasir bin Othman Al-Rumayyan |
| Occupation | Saudi Aramco Uber Technologies Inc. SoftBank Group Reliance Industries Limited |
| Age | 53 years old |
| Zodiac Sign | Pisces |
| Born | 20 February, 1970 |
| Birthday | 20 February |
| Birthplace | Buraidah, Saudi Arabia |
| Nationality |
We recommend you to check the complete list of Famous People born on 20 February. He is a member of famous with the age 53 years old group.
Yasir Al-Rumayyan Height, Weight & Measurements
At 53 years old, Yasir Al-Rumayyan height not available right now. We will update Yasir Al-Rumayyan's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status | |
|---|---|
| Height | Not Available |
| Weight | Not Available |
| Body Measurements | Not Available |
| Eye Color | Not Available |
| Hair Color | Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family | |
|---|---|
| Parents | Not Available |
| Wife | Not Available |
| Sibling | Not Available |
| Children | Not Available |
Yasir Al-Rumayyan Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Yasir Al-Rumayyan worth at the age of 53 years old? Yasir Al-Rumayyan’s income source is mostly from being a successful . He is from . We have estimated Yasir Al-Rumayyan's net worth , money, salary, income, and assets.
| Net Worth in 2023 | $1 Million - $5 Million |
| Salary in 2023 | Under Review |
| Net Worth in 2022 | Pending |
| Salary in 2022 | Under Review |
| House | Not Available |
| Cars | Not Available |
| Source of Income |
Yasir Al-Rumayyan Social Network
Timeline
At the Milken Institute in Abu Dhabi in February 2019, Al-Rumayyan announced that PIF would open new offices in London, New York and San Francisco, and would increase its workforce from 450 to 700 by the end of 2019. He also said the fund would invest in renewable energy projects in Saudi Arabia, including the local manufacture of solar panels.
In September 2018, Al-Rumayyan announced PIF's first step in incorporating loans and debt instruments into its long term strategy, with an $11 billion loan facility. The following month he said the fund would aim to increase the percentage of international assets in its portfolio from 10% to 50% by 2030.
In October 2017, Al-Rumayyan announced that PIF would aim to increase its assets under management to more than $400 billion and create more than 20,000 new jobs by 2020. At the same time he presented a new investment strategy for the fund, based on four objectives of maximizing assets, investing in new sectors, localizing technologies, and developing economic partnerships. He also said PIF would borrow conservatively to finance specific assets and would seek further partnerships such as those with Blackstone and SoftBank.
In June 2016, PIF invested $3.5 billion in the US-based Uber Technologies Inc. In a statement on the deal, Al-Rumayyan cited the importance of increased urban mobility and local employment in support of the Saudi Vision 2030 economic reform program. He joined Uber's board of directors as part of the agreement.
In August 2016, Al-Rumayyan joined the board of the state oil company Saudi Aramco as part of a move toward closer cooperation between Aramco and PIF in restructuring the Saudi economy. In October that year, PIF under Al-Rumayyan invested $45 billion in the newly established SoftBank Vision Fund, a technology-focused investment vehicle. A further overseas investment by PIF followed in May 2017 with a $20 billion contribution to a joint US infrastructure fund with Blackstone.
In September 2015, Al-Rumayyan was appointed managing director of the Public Investment Fund of Saudi Arabia, with a mandate to seek international investments with the potential for knowledge and technology transfer to the Saudi economy.
Between 2011 and 2015, Al-Rumayyan was CEO of Saudi Fransi Capital (SFC), the investment banking arm of Banque Saudi Fransi. During his tenure, SFC moved into online trading and signed a cooperation agreement with the US investment firm BlackRock. From 2014 to 2015 he also served on the board of directors of the Saudi Stock Exchange.
Yasir Al-Rumayyan was born in 1970 and graduated from King Faisal University in Alahsa in 1993, later completing a general management program at Harvard Business School.
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