Part 3/10:
The notion of a sovereign wealth fund is not novel and has been successfully implemented in various countries worldwide. The U.S. has more than 20 state-level funds, but only around 30 exist at the national level globally. Notable foreign examples include China’s fund, which has significantly contributed to investments in global companies like Alibaba, and Norway's fund, valued at approximately $1.8 trillion, recognized for its substantial returns derived from long-term stock market investments.