Alexander Vik
Overview
- Source of Wealth
- investments
- Industry
- Finance & Investments
- Residence
- Monaco
- Education
- Harvard University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 4
Biography
Alexander Vik comes from a wealthy family of fur merchants and has dabbled in everything from closed-end country funds to insurance and tech startups.
He remains locked in a contentious legal battle with Deutsche Bank, which in late 2013 obtained a $250 million judgment against his trading operation.
Deutsche had sued the trading operation, based largely out of Vik's Connecticut home, over a margin call that went unpaid during the financial crisis.
So far Vik is not paying and has appealed the London court's judgment.
Meanwhile Deutsche has started legal proceedings in New York, Connecticut, Delaware and Oslo to investigate Vik's assets.
About
A Norwegian who was raised in Sweden and schooled in the Canary Islands, Vik was a former golf champion at Harvard University.
During the first Internet bubble, Vik was behind Xcelera.com, one of the biggest dot.com boom and bust stocks of the era.