Anders Holch Povlsen
#168

Anders Holch Povlsen

Denmark 53 years old

Overview

Source of Wealth
Fashion retail
Residence
Aarhus
Marital Status
Married
Children
4

Assets

  • About You Holding
    34,838,000 shares @ -
    -
    YOU-DE
  • ASOS plc
    34,675,000 shares @ -
    -
    ASC-GB
  • Klarna Group Plc
    28,134,000 shares @ -
    -
    KLAR-US
  • Zalando
    26,735,000 shares @ -
    -
    ZAL-DE

Biography

Anders Holch Povlsen built his fortune on fashion, primarily from retailer Bestseller.

Povlsen's parents opened the family's first store in 1975 in the small Danish town of Ringkobing.

He took over at age 28 and is now the sole owner of Bestseller, which peddles apparel under 11 brand names, including Jack&Jones, Only and Vero Moda.

Povlsen also has significant stakes in retailer ASOS, online grocery store Nemlig and payments company Klarna.

Povlsen lost three of four children and was himself injured in a terrorist attack in Sri Lanka in 2019. He and his wife had twins the following year.

About

Povlsen owns more than 1% of all the land in Scotland.

Povlsen owns a large reserve in Romania, tasked with protecting wolves, bears and lynxes.