Rank #2781
Erik Must
Net worth $1.4B
stock brokerage · Norway
- Born
- Jan 26, 1943
- Age
- 83
- Source
- stock brokerage
- Residence
- Oslo
- Citizenship
- Norway
- Marital status
- Children
- 2
- Education
Net worth over time
Biography
- Erik Must is one of the largest private investors in the Norwegian stock market.
- He got his start as a stock broker at the firm Hans P. Jeppesen, where he met Kjell Christian Ulrichsen.
- The duo formed the brokerage firm Fondfinans and dominated Norwegian capital markets in the 70's and 80's thanks to savvy salesmanship.
- In 1996, Must bought out Ulrichsen, and have used profits from Fondfinans to build up a large private stock portfolio.
- Investments include large stakes in hydroelectric power company Arendals Fossekompani and Børregaard, a pulp and paper company.
- Despite being the largest owner of some of Norway's largest newspapers, Must shuns the press and has only agreed to a handful of interviews over the years.
Financial assets
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