Portrait of Anders Holch Povlsen

Rank #169

Anders Holch Povlsen

Net worth $16.8B

Fashion retail · Denmark

Born
Nov 04, 1972
Age
53
Source
Fashion retail
Residence
Aarhus
Citizenship
Denmark
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Anders Holch Povlsen built his fortune on fashion, primarily from retailer Bestseller.
  • Povlsen's parents opened the family's first store in 1975 in the small Danish town of Ringkobing.
  • He took over at age 28 and is now the sole owner of Bestseller, which peddles apparel under 11 brand names, including Jack&Jones, Only and Vero Moda.
  • Povlsen also has significant stakes in retailer ASOS, online grocery store Nemlig and payments company Klarna.
  • Povlsen lost three of four children and was himself injured in a terrorist attack in Sri Lanka in 2019. He and his wife had twins the following year.
  • Povlsen owns more than 1% of all the land in Scotland.
  • Povlsen owns a large reserve in Romania, tasked with protecting wolves, bears and lynxes.

Financial assets

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