It takes a lot to bring private equity billionaires, crypto titans, some of the most important people from the Trump administration and a fallen tech founder into one room.
But that’s the power and reach of Yasir Al-Rumayyan, gatekeeper to about $650 billion of Saudi Arabia’s sovereign money.
The governor of the Public Investment Fund spoke for just 10 minutes to more than 400 attendees in Miami Beach on Thursday, kicking off a two-day conference that serves to attract money to the kingdom as well those seeking to tap into its wealth.
Minutes before he started, Adam Neumann walked in the room in his usual white T-shirt and blazer. Michael Klein, dealmaker for the Saudis and other world leaders, SPAC maestro and ultimately one of the biggest losers of the Credit Suisse Group AG debacle, sat in the first row, quickly exiting as soon as Al-Rumayyan wrapped his talk.
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