Olav Thon’s profile picture

Olav Thon

Olav Thon’s profile picture
Net worth 2018: $6 Billion
Industry: Real Estate
Country: Norway
BIOGRAPHY

Olav Thon was born in Norway. Norwegian real estate magnate Olav Thon bought his first building in 1951 and opened his first restaurant in 1966. Now his Olav Thon Group is Norway's largest private real estate company, with 450 properties, including 60 hotels. Thon grew up as a farm boy who only went to the city to sell fox pelts. Today he is still an avid outdoorsman and honorary member of the Norwegian Trekking Association.He's proud of his success, and his large tax bill, which he says he is glad to pay. Having no heirs, Thon has announced his intention to give away all his properties and assets to society, particularly to medical science, through the establishment of an independent foundation.

NET WORTH STATISTIC
2010

$2.2 Billion

2011

$4 Billion

2012

$5 Billion

2013

$6 Billion

2018

$6 Billion

TIMELINE
2014

Therefore, later, in February 2014, his personal assets estimated around 1 billion USD

2013

On December 10, 2013, he announced the decision for the entire 71

2009

His authorized biography, Olav Thon: Billionaire in a Parka, was written by Hallgrim Berg, a Norwegian politician and a folk musician; a translated version was published in English in October 2009

2008

In an article in the Norwegian newspaper Dagens Næringsliv on September 10, 2008, Olav Thon's solicitor, John Christian Elden, announced that Olav Thon intends to give away his entire fortune through the establishment of an independent foundation that focuses on the medical sciences

1951

Olav Thon bought his first building in 1951 and opened his first restaurant in 1966

1923

Olav Thon (born 29 June 1923 in Ål, Hallingdal) is a Norwegian real estate developer and listed in the Forbes list of billionaires as the 198th richest person in the world with a net worth of $6 billion as of March 2013

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