Saudi Arabia's Oil Wealth Is About to Get a Reality Check
- Wood Mackenzie said to estimate valuation at $400 billion
- Aramco IPO underpins Saudi Arabia’s economic overhaul
Saudi Authorities Say Aramco Is Worth More Than $2T
Saudi Arabia has said oil giant Saudi Aramco is worth more than $2 trillion, enough to consume Apple Inc. twice, and still have room for Google parent Alphabet Inc.
The kingdom may have to settle for less. A lot less.