Stein Erik Hagen

Net worth 2018: $2.6 Billion

#976 in List Billionaires People In The World

Industry: Fashion and Retail

Residence: Oslo, Norway

Country: Norway

BirthDay: 22 July 1956

Sigh: Leo

Children: 4

BIOGRAPHY

Stein Erik Hagen was bornon 22 July 1956 in Oslo, Norway, Norway. Stein Erik Hagen is #937 in List Billionaires People In The World. In 2014, Stein Erik Hagen appointed his daughter Caroline Marie Hagen Kjos to take over the reins of his family's investment company Canica AS, transferring most of his shares to her. However, while Caroline, now chairman, may have gotten most of the beneficial share, Stein Erik has kept a seat on the board and the shares with most of the votes (70%). Hagen founded discount supermarket Rimi with his father in the 1970s. The chain merged with Dutch retailer Ahold in 2007 and Hagen eventually sold his stake. Hagen now has various investments across Scandinavia. He is chairman of consumer goods manufacturer Orkla ASA and owns hardware store chain Jernia. In early 2014 he donated $16 million to found the Norwegian Prostate Cancer Institute to research the disease. He has been diagnosed with the disease and has sought treatment in the U.S.

NET WORTH STATISTIC

2009	$3.1 Billion
2010	$3.5 Billion
2011	$3.8 Billion
2012	$2.7 Billion
2013	$4 Billion
2014	$5 Billion
2015	$4.7 Billion
2016	$2.1 Billion
2017	$2.3 Billion
2018	$2.6 Billion

TIMELINE

Stein Erik Hagen (born 22 July 1956) is a Norwegian businessman. He is chairman of Orkla, where he is a major shareholder, and holds large stakes in Steen & Strøm, Jernia and Komplett through his family company Canica. According to the news magazine Kapital, Hagen is worth NOK 24 billion, making him the second richest person in Norway.Hagen is educated at Kjøpmannsinsituttet (now part of the BI Norwegian Business School). He founded the RIMI discount store chain along with his father in the 1970s, and retained ownership until the 2000s, when he sold to Swedish ICA and Ahold. Most of the money was ploughed into Orkla. Hagen reportedly owns one of the biggest sailboats in Europe and used to own his own island in the Caribbean.He provided financial support to the Liberal Party in the 2005 Norwegian election and to the Liberal Party, Christian Democratic Party, Conservative Party and Progress Party in 2006.Stein Erik Hagen has three children from his first marriage, and a son from a later relationship. In 2004 he married Mille-Marie Treschow, the couple announced in 2012 that they were separating.In October 2015, Hagen came out on the Norwegian-Swedish talk show Skavlan. Later the same day he added that he was bisexual, and that his ex-wives and family have known about his sexuality for many years.