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Olav Thon
Norwegian businessman

Olav Thon

Olav Thon
The basics

Quick Facts

Intro Norwegian businessman
Is Businessperson
From Norway
Field Business
Gender male
Birth 29 June 1923, Ål, Norway
Age 99 years
Star sign Cancer
Awards
Den Norske Friluftslivsprisen 2012
chèvre de montagne de l'année 2007
Knight First Class of the Order of St. Olav‎ 2003
Order of the Polar Star - Commander 2007
The details (from wikipedia)

Biography

Olav Thon (born 29 June 1923 in Ål, Hallingdal) is a Norwegian real estate developer and listed in the Forbes list of billionaires as the 198th richest person in the world with a net worth of $6 billion as of March 2013. He is Norway's richest person and his Olav Thon Group is Norway's largest private real estate company, with 450 properties, including 60 hotels.

His authorized biography, Olav Thon: Billionaire in a Parka, was written by Hallgrim Berg, a Norwegian politician and a folk musician; a translated version was published in English in October 2009.

Personal

Thon lives just outside Oslo, in Sollihøgda, Hole municipality. Thon is a Christian and is married but does not have any heirs. He grew up as a "farm boy who only went to the city to sell fox pelts". He enjoys various outdoor activities and is an honorary member of the Norwegian Trekking Association. Thon is "proud of his success, and his large tax bill, which he says he is glad to pay".

Thon was appointed honorary doctorate at Karlstad University in 2013.

Business

Olav Thon bought his first building in 1951 and opened his first restaurant in 1966. His company owns a total of 450 properties in Norway, including shopping malls, office buildings, retail stores, and hotels. His principal holdings are the private companies Stormgård AS and Thongård AS, in addition to a major stake in the publicly traded company Olav Thon Eiendomsselskap ASA.

Trust

In an article in the Norwegian newspaper Dagens Næringsliv on 10 September 2008, Olav Thon's solicitor, John Christian Elden, announced that Olav Thon intends to give away his entire fortune through the establishment of an independent foundation that focuses on the medical sciences. On 10 December 2013 he announced the decision for the entire 71.9% stake in his real estate company Olav Thon Eiendomsselskap ASA to give for charity trust of his own. Therefore, later, in February 2014, his personal assets estimated around US$1 billion.

Thon has no heirs.

The contents of this page are sourced from Wikipedia article on 28 Mar 2020. The contents are available under the CC BY-SA 4.0 license.
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References
https://www.forbes.com/profile/olav-thon/
http://www.aftenposten.no/english/local/article1485924.ece
https://www.amazon.com/Olav-Thon-Billionaire-Hallgrim-Berg/dp/0942323432
http://www.dagenmagazinet.no/Nyheter/Innenriks/tabid/248/Default.aspx?articleView=true&ModuleId=71132
http://www.idag.no/aktuelt-oppslag.php3?ID=18886
http://sverigesradio.se/sida/artikel.aspx?programid=93&artikel=5685999
http://thenorwaymail.blogspot.com/2008/09/olav-thon-is-set-to-give-away-his-21.html
http://www.nenyheter.no/41285
https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIKgNAEx0NcY
https://deepl.com
https://translate.google.com/
https://authority.bibsys.no/authority/rest/authorities/html/90275138
http://isni.org/isni/0000000054959306
https://id.loc.gov/authorities/names/n2009010205
https://viaf.org/viaf/78857058
https://www.worldcat.org/identities/lccn-n2009010205
Sections Olav Thon

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