Rank #403
Odd Reitan & family
Net worth $8.8B
Retail, real estate · Norway
- Born
- Sep 11, 1951
- Age
- 74
- Source
- Retail, real estate
- Residence
- Trondheim
- Citizenship
- Norway
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- 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.