Björgólfur Thor Björgólfsson

Björgólfur Thor Björgólfsson (2011)

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Björgólfur Thor Björgólfsson (born March 19, 1967 in Iceland ) is an Icelandic entrepreneur and the only Icelander to be listed on the Forbes list of the richest people in the world.

biography

He is the majority owner of the Landsbanki bank . In December 2005 he acquired 65 percent of the shares in the Bulgarian telecommunications company BTK for EUR 630 million . He inherited the fortune from his father Björgólfur Guðmundsson, who emigrated from Iceland to Saint Petersburg in the early 1980s and built up several companies there. The family sold the family-owned beer company to Heineken in 2001 at a price of around 315 million euros, of which he received a third directly. The family then moved back to Iceland and subsequently acquired the shares in Landsbanki. Björgólfur holds further shares in Finnair and in the generics manufacturer Actavis . In 2005 he expressed his interest in buying the mobile communications company Telering in Austria. During the financial crisis, the assets of Icelandic shrank by about 3.5 billion US dollars in 2007 to one billion dollars two years later.

Note: Icelanders are referred to by their first name or first and last name, but not just their surname. Further information can be found under Icelandic personal name .