Torbjorn Tornqvist
$5.4B
Born
Nov 08, 1953
Age
72
Source of Wealth
Oil trading
Residence
Geneva,
Citizenship
Sweden
Marital Status
Children
0
Education
Graduate, Stockholm University
- Torbjörn Törnqvist is the Swedish cofounder of Gunvor, a global energy and commodities group.
- Gunvor has a diverse portfolio that includes refineries, pipelines, terminals, LNG carriers, and biofuel and hydrogen plants.
- Törnqvist got his start at British Petroleum in 1977, and launched Gunvor in 2000.
- He bought out his cofounder Gennady Timchenko in 2014, following the Russian invasion of Crimea.
- Törnqvist owned more than 80% of Gunvor until December 2025, when he sold his stake to a group of employees and stepped back from the company.
- Törnqvist is an avid sailor; his Artemis Racing team has raced in the America's Cup and now develops tech to cut emissions in maritime trade.
- In 2015, Tornqvist paid himself a $1 billion dividend, one of the biggest payments ever in the commodity-trading industry.
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