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Bjorgolfur Thor Bjorgolfsson: an Icelandic businessman

Bjorgolfur Thor Bjorgolfsson referred to globally as Thor Bjorgolfsson, and informally in Iceland as Bjoggi, is an Icelandic businessman and business visionary, and previous director of Straumur-Buroaras and executive of Novator Accomplices. As of June 2019, he is the most extravagant individual in

Bjorgolfur Thor Bjorgolfsson: an Icelandic businessman
Written byTimes Magazine
Bjorgolfur Thor Bjorgolfsson: an Icelandic businessman

Bjorgolfur Thor Bjorgolfsson referred to globally as Thor Bjorgolfsson, and informally in Iceland as Bjoggi, is an Icelandic businessman and business visionary, and previous director of Straumur-Buroaras and executive of Novator Accomplices. 

As of June 2019, he is the most extravagant individual in Iceland and 1,115th most extravagant individual on the planet as indicated by Forbes. Bjorgolfur has put resources into various bigger organizations and more modest new businesses, including Play—a Finish telecom outfit, Rebag—the extravagance tote commercial center, and Zwift—an online stage for indoor cycling. Different organizations put resources into by Bjorgolfur and Novator incorporate Xantis Pharma, Klang, and Lockwood Publishing.

Bjorgolfur was the principal Icelander to join Forbes magazine's rundown of the world's most extravagant individuals in 2005; has been pronounced "Iceland's first tycoon"; and was positioned as the 249th-most extravagant individual on the planet by Forbes magazine in 2007—up from 350th the earlier year—with a total assets of $3.5 billion. 

In any case, because of the monetary emergency of 2007–2010, Bjorgolfur lost near his whole fortune and he confronted individual insolvency with more than $1 billion in debt. He at that point worked out a perplexing arrangement with his banks to take care of his obligations while clutching his key speculations.

Bjorgolfur distributed a life account in 2014 about the experience and how he had the option to function his way back to progress. Therefore, on Walk 20, 2017, Forbes assessed his total assets at $1.81 billion. 



Bjorgolfur Thor is beneficiary to a long family inheritance in Icelandic business and legislative issues. His extraordinary granddad was the amazing Danish-conceived Icelandic business visionary Thor Jensen, who acquainted mechanical private enterprise with the country in the early long periods of the 20th century.

The eighth of Thor Jensen's eleven kids was Margret borbjorg Thors Hallgrímsson, whose little girl bora Hallgrímsson had Bjorgolfur Thor as her lone kid by her third spouse Bjorgolfur Guomundsson. 

Subsequent to leaving Russia, Bjorgolfur Thor began putting resources into a few Icelandic firms in 2002. By 2006, he was a big name for his business achievement, with an eight-page-long profile in the Sunday supplement of the Icelandic paper Morgunblaðið expounded on him.

Novator Accomplices, which was established and is overseen by Bjorgolfur Thor, is a private value firm with central command in London and workplaces in Luxembourg. Liking to take a board seat in its portfolio organizations, the firm will in general put resources into organizations in the media communications, conventional drugs, data innovation, regular assets, and monetary administrations sectors.

Late in 2002, Bjorgolfur Thor and Bjorgolfur Guomundsson's holding organization Samson ehf. acquired a 45% controlling portion of Landsbanki, Iceland's second biggest bank, for about ISK12m in a disputable privatization. The board was reported in February 2003, with the executive being Bjorgolfur Thor's father.

Bjorgolfur Thor was the fundamental proprietor just as the administrator of the Straumur Speculation Bank.




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