What happens when head of the state starts to micro-manage funds based on his feelings? Because as a king he feels entitled to obedience?
Here's what :
Saudi has a $300b "vision fund". An easy way to get part of this pie is to make connection with a 35 yo saudi reality tv show hostess, because she has "connections" with men in power.
Reports WSJ.
https://www.wsj.com/articles/how-a-reality-tv-producer-became-rainmaker-to-300-billion-saudi-fund-11581380021
And as of vision fund's investment in Softbank, total investment was $75b, which currently is valued at $80b. And took a $2b loss last quarter.
https://www.reuters.com/article/us-softbank-group-results-idUSKBN2060JB