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The wealth hiding in flyover country
North Dakota and South Dakota are the two smallest, least-covered states in the country by nearly every measure this site tracks. They are also sitting on a sovereign wealth fund modeled after Norway's and the largest concentration of trust assets in the United States -- neither one an accident, both one legislative act away from never existing.
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Where this connects
The richest state no one thinks is rich
South Dakota holds more than $900 billion in trust assets -- more than the GDP of most countries -- because state law lets a trust run fo...
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