About Thor Bjorgolfsson
  • Thor Bjorgolfsson owns stakes in such businesses as Swiss pharmaceutical company Xantis and Chilean telecom WOM.
  • Bjorgolfsson also has investments in cryptocurrencies and startups Zwift, Deliveroo and Stripe.
  • Bjorgolfsson made his first fortune in the wilds of Russia, cofounding Bravo brewery and creating the popular Botchkarov beer brand.
  • He sold it to Heineken in 2002 and used the proceeds to go on a buying spree in his native Iceland and Eastern Europe.
  • He lost nearly all of his fortune when Iceland nearly went bankrupt in 2008 and he had to find a way to pay off more than $1 billion in debt.
Wealth History
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Forbes Lists

Personal Stats
Age
57
Source of Wealth
Investments, Self Made
Residence
London, United Kingdom
Citizenship
Iceland
Marital Status
Married
Children
3
Education
Bachelor of Arts/Science, New York University
Did you know
His great-grandfather Thor Jensen was one of Iceland's first entrepreneurs, who survived bankruptcy twice and was later one of Iceland's largest landowners.
In Their Own Words

Power, money, that's just the road to respect. After all, money disappears, friends die, and you die, but your reputation remains.

Thor Bjorgolfsson
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More on Forbes

Dec 18, 2014

How Iceland's Thor Bjorgolfsson Lost $4B In Eight Months

Entrepreneur Thor Bjorgolfsson built a $4 billion fortune by the age of 40, only to lose 99 per cent of it in the following 12 months. And three years after starting to ghost-write his story, my suggestion of book title was up for discussion at a publishers' meeting. "Billions to Bust" [...]