Lars Larsen Net Worth
Lars Larsen net worth: Lars Larsen is a Danish entrepreneur, founder and owner of JYSK who has a net worth of $3.9 billion. Lars Larsen was raised on a potato farm and apprenticed in a bedding store. Even though he had practically no money at the time, he nurtured the idea of opening his own chain of bed linen outlets.
Larsen opened his first bedding warehouse on April 2, 1979, in the city of Aarhus in Jutland. Until now, JYSK has been steadily growing, and in 2012 it managed to sell more than $3.5 billion worth of furniture, bedding, home decor and mattresses. Having IKEA for a competitor, the furnishings chain now is in the middle of a big international push, targeting China among other markets. JYSK has stores in 34 countries and it conducts two to three store openings every week on average. In honor of the JYSK's 30 year anniversary, Larsen self-published the book titled "30 år med JYSK" (30 years with JYSK), which is a history about him and the growing Danish retail trade. Apart from being written in 8 languages, a free copy of the book was mailed to every single household in Denmark, making it the #1 book in the kingdom. Apart form the JYSK Group, Lars Larsen owns or partly owns other companies, including "Bolia.com", "Interior Direct" and "Himmerland Golf & Spa Resort. As of March 2013, he was listed as the 2nd richest person in Denmark and the 363rd wealthiest man in the world, according to Forbes. Larsen is married with two children. In the summer of 2010, Larsen was honored by being knighted in the Order of the Dannebrog, a order of chivalry in his native Denmark. On an additional business world note, in addition to being the founder of JYSK, he also lends his name to a timepiece brand in Denmark, known simply as Lars Larsen Watches.
|Net Worth:||$3.9 Billion|
|Date of Birth:||Aug 6, 1948 (73 years old)|