Saudi Arabia Spent $50B on The Line — Then Canceled It All and Fired the CEO

In 2017, Saudi Crown Prince Mohammed bin Salman announced the most ambitious construction project in human history: NEOM — a $500 billion futuristic megacity in the desert, powered entirely by renewable energy. Its centerpiece, The Line, would be a 170-kilometer mirrored city housing 9 million people with no cars, no streets, and no emissions. Seven years and $50 billion later, the contracts have been canceled. The CEO has been fired. The ski resort lost its Winter Games. The World Cup stadium was shelved. And an internal audit found evidence of deliberate financial manipulation by the project’s own management. As of 2026, construction on The Line has been delayed until at least 2030. Billions in contracts with major builders were terminated. And the villages that were cleared to make room for NEOM — with residents threatened with death sentences for refusing to leave — sit empty. 🔍 What we cover: The $500 billion vision that was supposed to change the world How $50 billion was spent with almost nothing built The internal audit that found “deliberate manipulation” Why CEO Nadhmi Al-Nasr was fired after the launch party $5 billion+ in construction contracts canceled in March 2026 The Trojena ski resort that lost the 2029 Asian Winter Games The World Cup stadium that was quietly shelved The villagers sentenced to death for refusing to leave their homes What Saudi Arabia is actually building instead They promised the future. They delivered the most expensive failure in history. 📌 Sources and references in the comments. Subscribe so you don’t miss the next investigation:    / @erodingempires   ⚠️ This video is for informational and educational purposes only. #NEOM #TheLine #SaudiArabia #MegaProject #ErodingEmpires