Power and Portfolios: Inside the World's Top Sovereign Funds

Leading sovereign wealth funds in nations like Singapore, China, and Norway leverage massive trade surpluses and natural resource revenues to stabilize their economies and generate long-term public wealth. To replicate this economic power and secure strategic leadership, U.S. President Donald Trump has signed an executive order to establish a U.S. sovereign wealth fund alongside "Project Stargate," a US$500 billion AI infrastructure initiative. Because the U.S. lacks the excess reserves of its counterparts, the administration intends to finance these projects through tariffs, the sale of government assets, and a deregulated business environment fostered by a cabinet of billionaire executives.