Stein Erik Hagen

Stein Erik Hagen is a Norwegian businessman who enjoys a net worth $4 billion. He is currently in his fifties and acquired his huge fortune by offering low priced groceries to Norwegian people who were used to paying exorbitant prices for food and other household items. He, along with his father, founded the supermarket RIMI in the 1970s which is basically a discount store chain that deals in grocery items.

Read also : Richest People In Norway, Richest People In Europe

stein erik hagen

He retained the ownership for a long time but eventually merged his company with the Swedish retail giant, Ahold, in the 2000s. He got a huge amount of money and with this fortune he founded the Orkla Companies and bought stakes in Steen & Storm and other companies through his family company Canica. However, he had sold Steen the very next year in 2008 for NOK 22 billion. As per reports, he gave financial support to the Liberal Party in the 2005 elections in Norway. 

how rich is stein erik hagen

Hagen owns a large sailboat which is rumored to be one of the biggest in Europe and he has his own island in the Caribbean. But this one too he has sold it off. On the personal front, he has 3 children from his first marriage and a son from a relationship. In 2012 he separated from his wife, Mille-Marie Treschow. 

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