Thor Bjorgolfsson
#3356

Thor Bjorgolfsson

Iceland 59 years old Self-Made

Overview

Source of Wealth
Investments
Industry
Diversified
Residence
London
Education
New York University (Bachelor of Arts/Science)
Marital Status
Married
Children
3

Biography

Thor Bjorgolfsson owns stakes in such businesses as Swiss pharmaceutical company Xantis and Chilean telecom WOM.

Bjorgolfsson also has investments in cryptocurrencies and startups Zwift, Deliveroo and Stripe.

Bjorgolfsson made his first fortune in the wilds of Russia, cofounding Bravo brewery and creating the popular Botchkarov beer brand.

He sold it to Heineken in 2002 and used the proceeds to go on a buying spree in his native Iceland and Eastern Europe.

He lost nearly all of his fortune when Iceland nearly went bankrupt in 2008 and he had to find a way to pay off more than $1 billion in debt.

About

His great-grandfather Thor Jensen was one of Iceland's first entrepreneurs, who survived bankruptcy twice and was later one of Iceland's largest landowners.