World's largest wealth fund in Norway reaches record $1tn

[RVtitem]

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https://www.rt.com/business/403047-norway-wealth-fund-record/

[RV Pundit]

woah  - what is the intention with all that money.

[yulemsee]

woah  - what is the intention with all that money.

Saving oil earnings of today for the future. UAE, Saudi Arabia and Qatar also have very serious funds
China also has a similar sovereign wealth fund, it comes from intentionally keeping their currency low

[RVtitem]

Per capita USD 185,000 i.e KES 18,500,000 per head.

I doubt Arab wealth fund comes close as they seem to squander a lot on luxuries.

[Nefertiti]

Per capita USD 185,000 i.e KES 18,500,000 per head.

I doubt Arab wealth fund comes close as they seem to squander a lot on luxuries.

Qatar's 170B USD sovereign fund comes to 543K USD per capita... Am sure the Bruneis, Luxembourgs, Bermudas have very high per capitas... stashed abroad so they can survive hurricanes or foreign invasions.