Portrait of Norman Asbjornson

Rank #2326

Norman Asbjornson

Net worth $1.8B

HVAC · United States

Born
Dec 10, 1935
Age
90
Source
HVAC
Residence
Tulsa, Oklahoma
Citizenship
United States
Marital status
Children
0
Education

Net worth over time

Biography

  • Norman Asbjornson founded HVAC company AAON in 1988 and took it public three years later.
  • He served as CEO until 2020, when he transitioned to executive chairman. He retired from that role in 2022 but remains on the board of directors.
  • AAON reported revenue of $1.2 billion in 2024.
  • A Montana native, Asbjornson pledged $50 million to help fund a new College of Engineering at his alma mater, Montana State University, in 2014.
  • Asbjornson is a U.S. Army veteran who served in South Korea.

Financial assets

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