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Norway’s Wealth Fund Hits Record Profits

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Added by MiAmigo
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Norway saved its oil money instead of spending it and invested it in stocks, real estate, and bonds.

Now, that fund has grown to close to $2 trillion, making $222 billion in profit last year.

If divided equally, each Norwegian would get $319,900.

It’s the biggest investment fund in the world, owning 1.5% of all public stocks.

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#NorwayWealthFund #InvestmentSuccess #TrillionDollarFund
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NORWEGIAN NEWS
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