Lars Larsen
Billionaire Founder of JYSK

Published on March 22 2014

Born on August 6, 1948, Lars Larsen grew up on a potato farm. As a youth, he apprenticed with a bedding store and tried to save his money. Once he had saved enough, he opened up his first bedding warehouse. His dream was to create a chain of bed linen outlets. By April 2, 1979, Larsen had saved enough money to begin his dream.

He purchased a warehouse and created the company that is now known as JYSK. This company has grown since it began in Aarhus, Jutland and now has furniture lines, mattresses, home furnishings and bedding. With the success of IKEA, JYSK was forced to expand internationally in order to compete.

The company currently has stores in more than 34 countries and is breaking into the Chinese market. To commemorate the 30 year anniversary of the business, Lars Larsen released a biography entitled “30 Years With JYSK”. This book was sent for free to every house in Denmark and was translated into eight languages.

After its premier, the biography became Denmark's top selling book. In addition to his work with the JYSK Group, Larsen is an owner of Bolia.com and the Himmerland Golf & Spa Resort. He has a net worth of $3.9 billion, which makes him the thrid richest person in Denmark. Larsen is also the 375th wealthiest person in the world according to Forbes Magazine. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)