Odd Reitan & family
$6.7B
Born
Sep 11, 1951
Age
74
Source of Wealth
Retail, real estate
Residence
Trondheim,
Citizenship
Norway
Marital Status
Married
Children
2
Education
- Odd Reitan is the sole owner of Reitangruppen, which is one of the largest chains of grocery stores in Norway.
- The son of single-store grocers, he opened his own shop in 1972 named AS Sjokkpris, or "Chocking price."
- Now his privately held Reitangruppen owns grocery and convenience stores throughout Scandinavia and the Baltic, and employs 38,000 people.
- Reitan's son, Ole Robert, is the Administrative director of grocery chain REMA 1000; son Magnus oversees Reitan Convenience.
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