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The $1,000,000,000,000 Nigerian Reminder

Posted by Staff Writer on September 25, 2017 in Technology News Site | 3 Views

By ndubuisi ekekwe This month, the Sovereign Wealth Fund of Norway passed $1 trillion. In other words, it exceeded $1,000,000,000,000. That is twelve zeros. Norway’s giant pension fund is now worth over $1 trillion. Yes, 1 followed by 12 zeros. The fund’s managers announced Tuesday that currency shifts had helped push its value above $1 trillion for the first time. “The growth in the fund’s market value has been stunning,” fund chief Yngve Slyngstad said in a statement. “I…

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Posted in Technology News Site | Tagged Canada, europe, North America, Technology News

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