2min chapter

Today, Explained cover image

How the Saudis bought pro golf

Today, Explained

CHAPTER

Saudi Arabia's Massive Slush Fund Is Funneling Money to Hollywood and Silicon Valley

The Saudi government is funneling money to Hollywood, Silicon Valley, and now to Gulf. This is a tremendously large fund. It's going to grow to $1 trillion by 2025. MBS has engaged in some pretty violent activities. During his relatively short reign as Crown Prince, he basically blackmailed many members of his royal family at the Ritz Carlton in Riyadh.

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