Yasir Al-Rumayyan | |
|---|---|
ياسر الرميان | |
 Al-Rumayyan in 2016 | |
| Chairman of Newcastle United F.C. | |
| Assumed office 19 November 2021 | |
| Owner of Newcastle United | |
| Assumed office 7 October 2021 | |
| Preceded by | Mike Ashley |
| Governor of Public Investment Fund | |
| Assumed office September 2015 | |
| Personal details | |
| Born | Yasir bin Othman Al-Rumayyan 18 February 1970 Buraidah, Saudi Arabia |
| Political party |
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| Occupation | |
Yasir bin Othman Al-Rumayyan (Arabic: ياسر الرميان; born 18 February 1970) is a Saudi businessman who is governor of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. He also chairs the state-owned petroleum company Saudi Aramco and Saudi Arabia's largest mining company Maaden.[1]
He is chairman of the English football club Newcastle United and manages LIV Golf.[1] He is chairman of Riyadh Air.[1] He is also involved in the construction of Neom, a controversial megaproject.[1]
Al-Rumayyan is a close ally of Saudi ruler Mohammed bin Salman. His early career was spent in finance.[1] When King Abdullah passed away in 2015 and power consolidated around Crown Prince Mohammed bin Salman, Al-Rumayyan was elevated to positions of power, including chairman of PIF and placed on the board of Saudi Aramco.[1] After Bin Salman's 2017 purge of competing Saudi political elites, Al-Rumayyan and his associates filled the void and helped Bin Salman consolidate power.[1] Al-Rumayyan was involved in transferring assets seized from other Saudi elites into the PIF.[1]