The fund's managers announced Tuesday that currency shifts had helped push its value above $1 trillion for the first time.
"The growth in the fund's market value has been stunning," fund chief Yngve Slyngstad said in a statement.
"I don't think anyone expected the fund to ever reach $1 trillion when the first transfer of oil revenue was made in May 1996.".
Norway is a major oil producer, and it has plowed its energy earnings into the fund in order to fund pensions and other government expenses.
The fund is among the world's biggest investors in stocks, owning $667 billion worth of shares in over 9,000 companies globally.
The fund made 499 billion kroner ($63 billion) in just the first two quarters of 2017.
The fund's value works out to over $190,000 for each of Norway's 5.2 million citizens. »