The Tiny Gulf Country With a $335 Billion Global Empire
Qatar’s population is smaller than Houston’s, but its sovereign wealth fund is one of the largest in the world.
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Qatar is regaining its appetite for deals. In the past two months alone, the world’s richest country per capita invested in Turkey’s biggest poultry producer, Russian oil giant Rosneft PJSC, and U.K. gas company National Grid Plc.
The investments have been made through the Qatar Investment Authority, created in 2005 to handle the country’s windfall from liquefied natural gas sales, of which it is the world’s biggest exporter.