Norway’s “trillion-dollar man” believes America’s attitude toward failure is helping propel the nation ahead of its European counterparts—where workers may have a better work-life balance but aren’t as ambitious.
Nicolai Tangen leads Nordic behemoth Norges Bank Investment Management, which governs the revenue earned by Norway’s oil and gas resources, with the aim of ensuring its benefits are distributed fairly between current and future Norwegian generations.
Under Tangen’s leadership since 2020, and over the past decade, the $1.6 trillion fund has invested more and more heavily in the U.S. instead of its closer…
