Bloomberg Businessweek cover story, July 2022

Neom, the Saudi crown prince’s urban megaproject, is supposed to have a ski resort, swim lanes for commuters, and “smart” everything. It’s going great—for the consultants.

To reconstruct the opaque 5-year history of one of the world’s biggest projects, I obtained 2,700 pages of internal documents, interviewed dozens of people who worked for Neom — including senior executives — and made a rare visit to the remote site in Saudi Arabia’s northwestern corner.