- Category:
- Richest Business › Richest Billionaires
- Net Worth:
- $3 Billion
What is Gustav Magnar Witzøe's Net Worth?
Gustav Magnar Witzøe is a Norwegian businessman who has a net worth of $3 billion. Gustav Magnar Witzøe was born in Froya, Trondheim, Norway in 1993. He holds significant shares in the salmon fish farming company Salmar ASA and he is one of the youngest billionaires anywhere in the world. His father founded the company Salmar which has become one of the world's largest farmed salmon producers. He also owns significant stakes in the second largest salmon farmer in the UK, Scottish Sea Farms.
Gustav Magnar Witzøe's father transferred 47% of the company to his son in 2013 so he could void a heavy inheritance tax bill. Gustav once worked as a milker at the company's fish farms. He has worked for MGM Property and invested in properties and technology startups. Gustav Magnar Witzøe is also a model and has more than 70 thousand followers on Instagram.
