Nazi gold
Much of the focus of the discussion about Nazi gold (German: Raubgold, "stolen gold") concerns how much of it Nazi Germany transferred to overseas banks during World War II. The Nazis looted the assets of their victims (including those in concentration camps) to accumulate wealth. In 1998, a Swiss commission estimated that the Swiss National Bank had received $440 million (equivalent to $8.5 billion in 2024) of Nazi gold, over half of which is believed to have been looted.