Norway struck oil in 1969 and invested the money instead of spending it. Its oil fund is now worth over $2 trillion. That’s more than $400,000 for every Norwegian, and it owns about 1.5% of every listed company on Earth. The catch: the government can only spend about 3% a year.
Smart, or should they cash out? 👇
*Estimate: NOK 22,683bn (NBIM, June 30, 2026) divided by 5.65M people is about NOK 4.0M each, roughly $400K+ at 9.6–9.9 NOK per dollar.
Sources:
NBIM Half-year report 2026 (fund value)
nbim.no (about 1.5% of all listed companies)
Norwegian Petroleum / Ministry of Finance (the 3% spending rule)
Map data: Natural Earth (public domain).
Not financial advice.
#norway #investing #oilfund #personalfinance #shorts
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