This comment got me thinking
Depending on how much "more" than $1 trillion it actually is, that approaches $200,000 per citizen.
If the US had a comparable Sovereign Wealth Fund, it would hold over $60 trillion.
[Norway] is a major player in the oil and gas industry. All told, Oslo expects to bring in about $109bn from the petroleum sector this year – $82bn more than in 2021. Much of that will go to the country’s sovereign wealth fund, a national nest egg worth more than $1tn.
Depending on how much "more" than $1 trillion it actually is, that approaches $200,000 per citizen.
If the US had a comparable Sovereign Wealth Fund, it would hold over $60 trillion.
Norway is portrayed as both hero and villain in Europe’s energy crisis
Many countries are counting on Norwegian fuel to get them through the winter months, writes Emily Rauhala. But critics call the energy income obscene
www.independent.co.uk