Erik Must
$1.1B
Born
Jan 26, 1943
Age
82
Source of Wealth
stock brokerage
Residence
Oslo,
Citizenship
Norway
Marital Status
Children
2
Education
- 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.
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