Norway’s sovereign wealth fund has peaked at a value of $1trillion.
The legacy cash pot was designed to use revenues generated from the oil and gas industry to provide for future generations.
The value of the fund, which is made in the form of investments in foreign firms, bonds and real estate, was buoyed above the milestone number this morning.
It later decreased slightly on market fluctuations.
The fund is invested in 77 countries through nearly 9,000 companies.