Portrait of Stein Erik Hagen

Rank #1530

Stein Erik Hagen

Net worth $2.7B

Consumer goods · Norway

Born
Jul 22, 1956
Age
69
Source
Consumer goods
Residence
Oslo
Citizenship
Norway
Marital status
Married
Children
4
Education

Net worth over time

Biography

  • Stein Erik Hagen founded the discount supermarket Rimi with his father in the 1970s.
  • In 2014 Hagen appointed his daughter, billionaire Caroline Marie Hagen Kjos, to take over the reins of his family's investment company Canica AS.
  • Caroline, now chairman, owns a majority of the holdings, though Stein Erik maintains a seat on the board.
  • He created Canica upon selling his stake in Rimi in 1998, after the chain had merged with Sweden's ICA; it later merged with Dutch retailer Ahold.
  • Canica has investments across Scandinavia, including consumer goods manufacturer Orkla, which Hagen chairs, and hardware store chain Jernia.

Financial assets

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