Björgólfur Thor Björgólfsson, the only Icelander to have ever reached the Forbes 500 list of the 500 richest people in the world continues to inch closer to reclaim his spot on this distinguished list. Currently Forbes estimates Björgólfur’s net worth at 1.6 billion USD, making him the 1121 richest man in the world.
Björgólfur Thor, who was one of the most illustrious Corporate Viking of the pre 2008 Icelandic financial miracle, first made the list of the world’s wealthiest billionaires in 2005, when he was ranked as the 488th richest man in the world. At the time he was the first Icelander to make the list. In 2007 Björgólfur Thor’ net wealth had grown to an estimated 3.5 billion USD according to Forbes, which ranked as the 249th richest man in the world. In that year his father, Björgólfur Guðmundsson ranked as the 799th richest man in the world. Among the largest assets of the father and son team was a major stake in Landsbankinn, the second largest bank in Iceland.
The Björgólfur’s wealth took a serous hit in the 2008 financial crash when one of his largest assets, a major stake in failed bank Landsbankinn was wiped out. The older Björgólfur declared bankruptcy in 200 July 2009, while Björgólfur Thor’s fell to 701st place on the 2009 Forbes list of the world’s richest billionaires, with an estimated net worth of 1 billion. The next year Forbes estimated Björgólfur Thor’s net worth to have fallen even further and dropped him from the list.
In 2015 however, Björgólfur Thor made what Forbes characterized as a “crazy comeback”, when his net worth was estimated 1.3 billion USD, making him the 1,415th richest man in the world.
Björgólfur Thor Björgólfsson, the only Icelander to have ever reached the Forbes 500 list of the 500 richest people in the world continues to inch closer to reclaim his spot on this distinguished list. Currently Forbes estimates Björgólfur’s net worth at 1.6 billion USD, making him the 1121 richest man in the world.
Björgólfur Thor, who was one of the most illustrious Corporate Viking of the pre 2008 Icelandic financial miracle, first made the list of the world’s wealthiest billionaires in 2005, when he was ranked as the 488th richest man in the world. At the time he was the first Icelander to make the list. In 2007 Björgólfur Thor’ net wealth had grown to an estimated 3.5 billion USD according to Forbes, which ranked as the 249th richest man in the world. In that year his father, Björgólfur Guðmundsson ranked as the 799th richest man in the world. Among the largest assets of the father and son team was a major stake in Landsbankinn, the second largest bank in Iceland.
The Björgólfur’s wealth took a serous hit in the 2008 financial crash when one of his largest assets, a major stake in failed bank Landsbankinn was wiped out. The older Björgólfur declared bankruptcy in 200 July 2009, while Björgólfur Thor’s fell to 701st place on the 2009 Forbes list of the world’s richest billionaires, with an estimated net worth of 1 billion. The next year Forbes estimated Björgólfur Thor’s net worth to have fallen even further and dropped him from the list.
In 2015 however, Björgólfur Thor made what Forbes characterized as a “crazy comeback”, when his net worth was estimated 1.3 billion USD, making him the 1,415th richest man in the world.
