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Norway $1.8 Trillion Fund Ended 2024 With Tech-Heavy Top 10
Norway wealth fund posts record $222 billion profit but warns tech boom won't last
Norway's $1.8 trillion sovereign wealth fund, the world's largest, reported on Wednesday a record annual profit of 2.51 trillion crowns ($222 billion), driven by last year's tech rally.
Norway $1.8 Trillion Fund Returns 13% on Tech Stocks Gains
Norway’s sovereign wealth fund last year returned 13%, or $222 billion, but missed its self-imposed target for the second year in a row despite gains from the booming US technology sector.
World’s largest sovereign wealth fund grows indirect BTC exposure by 153%
According to K33 Research, Norway’s Government Pension Fund Global has amassed more than $356 million in indirect Bitcoin exposure, based on current prices.
Musk, Norway and Nicolai Tangen
Elon Musk disses boss of Norway’s $1.7T wealth fund that voted against his massive pay deal
Last summer, the firm helped strike down a $56 billion pay deal for Musk that would now be valued at around $100 billion after Tesla’s stock soared last year.
Elon Musk gave the cold shoulder to Norway’s $1.4 trillion sovereign wealth CEO Nicolai Tangen after the fund snubbed the Tesla CEO’s pay package—twice
Musk texted Tangen it would be too “difficult and expensive” to travel to Oslo for a home-cooked dinner with other CEOs.
Elon Musk Snubs Norway’s $1.4 Trillion Sovereign Wealth CEO Nicolai Tangen After $100 Billion Pay Dispute Goes Public
Elon Musk has never been one to shy away from a grudge. After Norway’s sovereign wealth fund, Norges Bank Investment Management (NBIM), voted against his historic $100 billion Tesla pay package, Musk made it clear he wasn’t in the mood for socializing.
5h
Norway Central Bank’s Fund Owns $500M of MicroStrategy
Norway’s sovereign wealth fund has amassed almost $360 million in indirect bitcoin exposure, while simultaneously investing ...
9h
World’s Largest Sovereign Wealth Fund Has Indirect Bitcoin Exposure of More Than $355M
The world’s largest sovereign wealth fund, Norway’s Norges Bank Investment Management (NBIM), has amassed $356.7 million in ...
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