Odd Reitan was bornon 11 September 1951 in Trondheim, Norway, Norway. Odd Reitan is #269 in List Billionaires People In The World. Odd Reitan opened his first shop in 1972. Now his privately held Reitangruppen, which is the fifth largest in Norway, owns grocery and convenience stores throughout Scandinavia and the Baltic. Total sales from its retail businses plus real estate and energy and oil businesses topped $10 billion in 2015. Reitan's Ole Robert is CEO of REMA 1000, the grocery story chain; son Magnus is chief of Reitan Convenience.