Rank #3387
Thor Bjorgolfsson
Net worth $1.0B
Investments · Iceland
- Born
- Mar 19, 1967
- Age
- 59
- Source
- Investments
- Residence
- London
- Citizenship
- Iceland
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, New York University
Net worth over time
Biography
- Thor Bjorgolfsson owns stakes in such businesses as Swiss pharmaceutical company Xantis and Chilean telecom WOM.
- Bjorgolfsson also has investments in cryptocurrencies and startups Zwift, Deliveroo and Stripe.
- Bjorgolfsson made his first fortune in the wilds of Russia, cofounding Bravo brewery and creating the popular Botchkarov beer brand.
- He sold it to Heineken in 2002 and used the proceeds to go on a buying spree in his native Iceland and Eastern Europe.
- He lost nearly all of his fortune when Iceland nearly went bankrupt in 2008 and he had to find a way to pay off more than $1 billion in debt.
- His great-grandfather Thor Jensen was one of Iceland's first entrepreneurs, who survived bankruptcy twice and was later one of Iceland's largest landowners.