RSS

Wealth: Perhaps Norway Might Buy Ballard?

All Norwegians become crown millionaires, in oil saving landmark

By Alister Doyle OSLO (Reuters) – Everyone in Norway became a theoretical crown millionaire on Wednesday in a milestone for the world’s biggest sovereign wealth fund that has ballooned thanks to high oil and gas prices. A preliminary counter on the website of the central bank, which manages the…

Reuters

0 Comments Add Yours ↓

  1. Roger Rabbit #
    1

    Big deal. A million crowns is only $162,500 USD. That won’t even buy a house in Ballard, although it might get you the garage.