Anders Holch Povlsen Net Worth
Anders Holch Povlsen Net Worth: Anders Holch Povlsen is a Danish fashion retailer who has a net worth of $5.2 billion. Andres Holch Povlsen made his fortune by taking over his family's fashion business at the age of twenty-eight. Currently, he is the CEO and sole owner of Bestseller, the $3.2 billion worth fashion competitor, which sells clothing and accessories to men, women, teenagers and children in 46 stores in Asia, Europe, Canada and the Middle East. In addition, the company sells the items under ten brand names such as Name It, Vera Moda, ONLY, Mamalicious, and more. Troels Holch Povlsen and Merete Bech Povlsen, Anders' parents, launched the first store in 1975 Ringkobing, a small Danish town. His parents are still part of the company, his mother serves as Chairman and his father is a member of the Board. Along with two Danish followers in China, the Povlsen family is interested in Bestseller Fashion Group China, which is a self-governing company whose designs are sold in about 5,000 shops in China. Throughout his organization Wildland, Anders is also involved in land protection projects in Romania and Scotland.