AMASSING ASSETS

Abu Dhabi’s ADIA joins sovereign wealth’s $1 trillion club

Trailing Norway and China, ADIA holds $1.06 trillion in assets, Kuwait's KIA has $980 billion and Saudi Arabia’s PIF stands at about $950 billion

The 40-story ADIA Tower on Abu Dhabi's Corniche. (Getty Images)

As 2024 careens to its close – with financial markets jumping even as geopolitical conflicts multiply – Gulf sovereign wealth funds continue to pile up assets.

Leading the way has been ADIA, the Abu Dhabi Investment Authority, which entered the elite...