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How Saudi Arabia’s investment in video games has doubled its wealth
Saudi Arabia’s sovereign wealth fund has doubled down on its pandemic era investments.
The investments in video game makers raised its holdings of U.S. stocks by about a fifth to 15.4 billion dollars.
The video game holdings are now worth 3.3 billion dollars,,, which were once valued at 3.3 billion at the end of the fourth quarter.
Video games make up for 39 per cent of U.S. stocks Saudi Arabia owns.