Saturday, 11 January 2014

Hit Jackpot ? Every Norwegian is a Millionaire

The Norwegians got this New Year a Pretty Happy one .
Every single citizen of Norway has became a Millionaire. Thanks to the Wealt Fund that collected nearly 828.66 billion $ due to high oil and Gas prices.
Norway's Wealth Fund is now the owner of 1% of the World's Stock Share.
The fund was founded in 1990. Most of this fund will be accounted as the pension fund.
A preliminary counter on the website of the central bank, which manages the fund, rose to 5.11 trillion crowns ($828.66 billion), fractionally more than a million times Norway's most recent official population estimate of 5,096,300. 
This "great pile" and the amount is ten times the population . Which means that every single person will be the owner of  1 Million dollars.

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