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Olav Thon Net Worth

Olav Thon Net Worth

Net Worth: $5 Billion

Statistics
  • Source of Wealth Real estate
  • Birth Place Ål, Hallingdal
  • Marital Status Married
  • Full Name Olav Thon
  • Nationality Norwegian
  • Date of Birth June 29, 1923
  • Occupation Businessman

About Olav Thon

Olav Thon is a successful 82-year old real estate developer in Norway who was listed by Forbes as the richest Norwegian in 2005. Thon has an estimated net worth of $5 billion in 2015, according to Forbes. His company owns 18 properties abroad and over 360 properties in Norway which include office buildings, shopping malls, hotels and retail stores. His principal holdings include the Thongard AS and Stormgard AS. Also, he holds a major stake at the Olav Thon Eiendomsselskap ASA which is publicly traded.

Olav Thon is estimated to be worthNOK 21 billion in 2008 when his solicitor John Christian Elden announced that the billionaire has intentions of giving away his massive fortune. Elden further clarified that the billionaire’s wealth will be placed in a trust which is named after him and will be spent for future generations.