Denmark’s elite have benefited from hot share markets

Nearly half of the richest top 50 have benefited

Many of Denmark’s wealthiest people and families have made a killing on the stock markets in Denmark and beyond, according to a new report from stock analysts Dansk Aktie Analyse.

The report reveals that 24 of Denmark’s wealthiest 50 people and families have increased their fortunes from 2014-2015, while 17 have regressed and nine have remained relatively unchanged.

“Because the Danish stock market increased so much over the past year, it’s only natural that it reflects directly in the fortunes,” Peter Falk-Sørensen, the CEO of Dansk Aktie Analyse, told Jyllands-Posten newspaper.

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Hot stock year
Reaping some of the most considerable fortune improvements was the Louis-Hansen family, which owns over 20 percent of Coloplast’s shares. Over the past year alone, the family fortune has increased by over 7 billion kroner to 38.3 billion kroner.

Other beneficiaries of the stock market glee were Kirkbi, the company behind Lego, which now has a fortune of 152.9 billion kroner, second in Denmark behind the fortune of Maersk Mc-Kinney Møller (172.2 billion).

“It’s been a fantastic period to be a share investor,” said Henrik Henriksen, the chief strategist for PFA Pension. “The period from October to April was a blowout period for the stock market.”