Transforming Wealth: Gulf Sovereign Funds and Global Influence

This chapter examines the rise of sovereign wealth funds in the Gulf states, detailing their shift from oil dependency towards diversified investments, particularly in technology and startups. It contrasts the management styles of these funds with Norway's ethical investment approach, highlighting issues of transparency and accountability within Gulf governance. Additionally, the chapter touches on the legacy of Heart Island in New York City, emphasizing the social implications of these economic transformations.