#3117
Johan Johannson
Norway 59 years old
Overview
- Source of Wealth
- Grocery stores
- Industry
- Fashion & Retail
- Residence
- Oslo
- Marital Status
- Married
- Children
- 3
Assets
- Solon Eiendom0 shares @ --SOLON-NO
Biography
Johan Johannson and his family own nearly 75% of NorgesGruppen, the Norwegian grocery store chain he inherited from his father and uncle.
His father still oversees the company as chairman of the board; Jahon has no role in running the business.
The company has been family run since it was founded in 1866.
Norgesgruppen has more than 1,850 grocery stores and 650 convenience stores and nearly 40% market share in Norway.
About
In 2012 the company vowed to reduce sugar sales by 10% by promoting more healthy alternatives. Between 2012 and 2017, sales of fruits and vegetables were up 28%.
Johan Johannson is one of four competing Norwegian grocery billionaires; the others are Odd Reitan, Stein Erik Hagen and his daughter Caroline Hagen Kjos.