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Sovereign Wealth Funds Briefing - Categorized | Performance

Alaskans get $1,174 checks from state’s oil wealth

Posted on 21 September 2011

Most Alaska residents will soon be getting a check for $1,174 simply because they live there.
Each person’s share of the state’s vast oil wealth was announced with much fanfare in Anchorage Tuesday, with Gov. Sean Parnell ripping open a gold-colored envelope to reveal the number. This day is so widely anticipated in Alaska that the announcement of the Permanent Fund Dividend amount was carried live on television statewide, and dozens tuned in to view a live webcast by the governor’s office……………………………………….Full Article: Source


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