Portrait of Johan Johannson

Rank #2181

Johan Johannson

Net worth $1.8B

Grocery stores · Norway

Born
Jan 01, 1967
Age
59
Source
Grocery stores
Residence
Oslo
Citizenship
Norway
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Johan Johannson and his family own nearly 75% of NorgesGruppen, the Norwegian grocery store chain he inherited from his father and uncle.
  • His father still oversees the company as chairman of the board; Jahon has no role in running the business.
  • The company has been family run since it was founded in 1866.
  • Norgesgruppen has more than 1,850 grocery stores and 650 convenience stores and nearly 40% market share in Norway.
  • In 2012 the company vowed to reduce sugar sales by 10% by promoting more healthy alternatives. Between 2012 and 2017, sales of fruits and vegetables were up 28%.
  • Johan Johannson is one of four competing Norwegian grocery billionaires; the others are Odd Reitan, Stein Erik Hagen and his daughter Caroline Hagen Kjos.

Financial assets

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