Norway’s Sovereign Wealth Fund is currently valued at. ~$1.9 trillion USD.
They have a population of ~5.6m people.
They works out to be ~$340K USD for every man, woman and child in the nation. That’s a lot, but not anywhere generational levels of wealth.
Mind you, the above numbers aren’t perfect as it doesn’t take into consideration non-citizens living in Norway (who may not be eligible), as well as ex-pats living abroad (who would).
Norway has a sovereign wealth fund, everyone has generational wealth there.
Norway’s Sovereign Wealth Fund is currently valued at. ~$1.9 trillion USD.
They have a population of ~5.6m people.
They works out to be ~$340K USD for every man, woman and child in the nation. That’s a lot, but not anywhere generational levels of wealth.
Mind you, the above numbers aren’t perfect as it doesn’t take into consideration non-citizens living in Norway (who may not be eligible), as well as ex-pats living abroad (who would).