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Jaw dropping $1.7 Trillion Norwegian Oil/Pension fund. Officially called "The Government Pension Fund Global" . Q1 of 2023 posted $109 Billion dollars in profit. #Norway #norge #oilfund #investment #oil #oilandgas #oilindustry #investment #investments #wealth #future | Norway: Blessed with Nature
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In 1969, Norway discovered vast oil reserves that could have made a few people rich overnight. Instead, it chose something radical: patience. In 1990, Norway created the Government Pension Fund Global and decided to save almost all oil profits, investing them for future generations. Politicians resisted decades of pressure to spend more. No shortcuts. No raids. Today, the fund is worth nearly $2 trillion and owns about 1.5% of the world’s public companies. More than half of its value comes from
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