Nikolai Tangen lived in London for more than a quarter of a century, where he eventually founded his hedge fund AKO Capital and became a multimillionaire – The Sunday Times estimates his fortune at $ 700 million.Since September, Tangen has been managing the Sovereign Fund of Norway – officially his position is called the General Director of the Central Bank’s investment management Norway Norges Bank Investment Management. The new work cost Tangen dearly.
– –
As the Norwegian newspaper Dagens Næringsliv wrote, Tangen “is literally ready to give billions of crowns to become a civil servant in Norway.” For a new job, Tangen sold his share in AKO Capital, moved to Oslo and transferred all his capital to his homeland. As a result, his salary of NOK 6.65 million per year (about $ 790,000) will be less than the wealth tax he will have to pay – about NOK 70 million per year.
– – .
