Olav Thon is a highly successful Norwegian real estate developer who commands a net worth of $6 billion. He is the richest person in Norway and has been ranked by Forbes as the 198th richest person in the world. The Olav Thon Group is the largest real estate company in his country and boasts of more than 450 properties that includes close to 60 hotels.
Read also : Richest People In Norway, Richest People In Europe
He forayed into the real estate business when he bought his first building in 1951 and opened his 1st restaurant in 1966. It has been a miraculous rise for him and it is estimated that apart from domestic properties, he also owns more than 60 shopping malls, 7000 hotel rooms, drinking establishments, retail stores and office buildings. His real estate company has only increased in value over the last few years and has not been shaken by the real estate crisis that has hit other parts of the world.
He is in his 80s now and lives just outside the capital city, Oslo. He is married but has no heirs. He is a proud honorary member of the Norwegian Trekking Association and pays his large tax bills regularly. He has already announced that after his death all his wealth would be transferred to a trust and will be used by future generations.
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