Denmark’s richest person named

Denmark another country where wealth is a family affair

With an estimated fortune of $53.2 billion – equivalent to around 440 billion kroner – Bloomberg has named Anders Holch Povlsen as Denmark’s richest citizen. It makes him the 254th richest person in the world.

Povlsen is the owner of fashion group Bestseller, which was founded by his parents. It includes brands such as Jack & Jones and Vero Moda, and in the last financial year the group saw pre-tax profits of 776 million kroner.

Rich rich Danes
In a year when many have suffered financially, Povlsen has seen his personal wealth grow by approximately 13.8 billion kroner. This nudges him just above a fellow Dane, Niels Louis-Hansen – the heir to the medical company Coloplast, who is 255th on the list.

In total, five Danes made the top 500. The final three listed were all part of the Lego family. Kjeld Kirk Kristiansen, the grandson of Lego’s founder, came in third with his daughter Agnete Kirk Thinggaard sitting in fourth, and son Thomas Kirk Kristiansen in fifth.

As family tensions run high around Christmas, it just goes to show that some times it is worth keeping your relatives close.