Yasir Al-Rumayyan is the trending man who is going to be the new chairman of Newcastle United. Mike Ashley’s ownership of the club has been ended. The new owners are taking over the club. The Public Investment Fund and Yasir Al-Rumayyan had finalized the deal and is the new owner of Newcastle United.
He is the chairman of the club. He will act as the non-executive chairman of the Newcastle’s board. The acquition of Newcastle United Football Club is completed as informed by the PIF official Twitter account. How much is the Yasir Al-Rumayyan fortune and net worth? What is his business?
Who is Yasir Al-Rumayyan?
Yasir Al-Rumayyan is the governor of Saudi Public Investment Fund (PIF) and Chairman of Saudi Aramco. Aramaco is an oil company which is one of the most valuable company in the world according to Forbes. The oil company earns profit into the millions dollars annually. It was valued at $1.7 trillion in 2020 as per financial and market reports. Yasir Al-Rumayyan is from Saudi Arabia and a successful businessman who invests in companies and stock market. His motive is the expansion of wealth and business outside the Arab world.
Public Investment Fund is also a biggest financial and sovereign bond company in Europe.
Yasir Al-Rumayyan Net Worth
The Yasir Al-Rumayyan’s wealth is huge as he earns from oil business and financial funds. He is now owner and chairman of the football club Newcastle United FC. The £300million+ deal happened between the previous and new owners.
He is 51-years and was born in Saudi Arabia. He has total assets of worth £300billion. He is one of the richest personality of Saudi Arabia. He is the board member of various companies like Uber, Reliance Industries, Softbank, etc. He aims to make Saudi Arabia economy diversified as entertainment and tourism rather than oil.
Yasir Al-Rumayyan Career
He entered into the business from Saudi Hollandi Bank and later became CEO of Saudi Fransi Capital (SFC). In 2015, he was board member of Saudi Stock Exchange.
His full name is Yasir bin Othman Al-Rumayyan. He was born on February 18, 1970. In 1993, he graduated from King Faisal University in Alahsa. He completed the management degree from the Harvard Business School. He is a wealthy businessman who has invested money in different companies in Europe.
We have no details of Yasir Al-Rumayyan’s wife and children. He is married. More facts of his life will be updated here.