BlackRock CEO Larry Fink went to Riyadh, Saudi Arabia for the Crown Prince's Vision 2030 show and came away with $5 billion in Public Infrastructure Fund investment and a new Saudi based joint venture.
“The continued growth of the kingdom’s capital markets and diversification of its financial sector will contribute to future prosperity for its citizens,” said BlackRock CEO Larry Fink. “Saudi Arabia has become an increasingly attractive destination for international investment.”
The deal came six years after the Crown Prince ran his shakedown prison in the Riyadh Ritz Carlton and the Crown Prince's security service murdered and dismembered Washington Post journalist Jamal Khashoggi in a Turkish consulate.
The new fund is open to international investors. Might Jeff Bezos kick in a few billion? That would be a signal to the billionaire class that the Khashoggi's of the world don't matter. The rest of the world already got the message.