Norway's sovereign wealth fund, now valued at $2 trillion, represents the world's largest such fund, demonstrating how a nation can transform from a previously less wealthy country into a global financial powerhouse through intelligent fiscal management and strategic investment of oil revenues, ultimately holding stakes in virtually every major global stock.
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How Norway built a $2 Trillion fortune from scratch.Added:
And I'm also like really amazed that Norway has the world's largest sovereign wealth fund. That's crazy.
>> You want to know what it currently sits at?
>> Two trillion.
>> Oh, you looked it up.
>> I did look it up. $2 trillion for just the Nor which is for a country of your size of Norway is insane. It seems like the sovereign wealth fund owns almost a little bit of every single global stock in the in the world. plus has been, you know, it's been driven by oil revenues too, which I'm so now I'm sure Norway Norway's just raking it in right now because of the price of oil. So, >> but it's just like it just goes to show you like good I mean from what I from what I've learned I'm not an expert on this but from what I've seen that seems like Norway was not really always a very rich country. It seems like it was it's not.
>> Yeah. I mean, it just goes to show you what like intelligent fiscal management does for
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