Most sovereign wealth funds (SWFs) are owned by oil-rich governments.

Name: Most sovereign wealth funds (SWFs) are owned by oil-rich governments.
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Many of the largest sovereign wealth funds are owned by governments with significant revenues from oil and gas exports, such as Norway, Saudi Arabia, and the United Arab Emirates. These funds are often established to manage the revenues generated from natural resources for long-term economic benefit.

Most Sovereign Wealth Funds (SWFs) Are Owned by Oil-Rich Governments