Olusegun Taiye James
As of the 28th of March in the year 2025, Norway is home to a large number of people who have amassed enormous fortune as a result of their corporate empires, investments, and entrepreneurial endeavors. Numerous corporate executives and investors have been able to build enormous fortunes as a result of the country’s powerful economy, which, when utilized in conjunction with its massive natural resources, robust banking sector, and innovative sectors, has enabled them to do so. It can be difficult to determine the precise rankings of Norway’s wealthiest persons due to the fact that computations of net worth are dependent on a variety of criteria that are subject to change, including the success of the stock market, the valuation of property, and the profitability of businesses. In addition, different financial sources and analysts may employ a variety of approaches in order to determine the actual value of an individual’s wealth. On the other hand, according to the information that is currently accessible and the most recent financial assessments, there are a few notable individuals that stand out as the wealthiest persons in Norway in the year 2025.
List Of Top 10 Richest People In Norway 2025
1. Andreas Halvorsen
In the realm of finance, Andreas Halvorsen is considered to be among the most powerful and wealthy individuals in Norway. Through his work as the co-founder and chief executive officer of Viking Global Investors, he has amassed a substantial fortune through the management of hedge funds and strategic investments. Due to his extensive knowledge of finance and his methodical approach to investment, he is now considered to be one of the most successful billionaires in Norway in the year 2025. Andreas Halvorsen, who was born in Norway, first followed a successful academic and military career before transitioning into the realm of finance. After receiving his diploma from the Norwegian Naval Academy, he went on to pursue his education at Williams College in the United States, where he ultimately got a degree in economics. The combination of his strong analytical abilities and his expertise in leadership skills made him an excellent candidate for a career in investment management.
2. Caroline Hagen Kjos
As the chairman and main owner of Canica AS, a private investment business, Caroline Hagen Kjos is recognized as one of the wealthiest individuals in Norway. She is also noted for her participation in both of these roles. She is the heiress to the Hagen family fortune, and she has effectively taken over the leadership of the company. She has also increased the company’s influence across a variety of other industries. It is in the year 2025 when Caroline Hagen Kjos is acknowledged not just for her enormous riches but also for the strategic business decisions she has made and the contributions she has made to the Norwegian economy.
3. Katharina Andresen
One of the youngest billionaires in the world, Katharina Andresen is a Norwegian businesswoman who has achieved a great deal of success. As a result of her and her sister Alexandra Andresen inheriting a sizeable fortune through their family’s investment company, Ferd AS, she is now considered to be one of the wealthiest individuals in Norway. In spite of the fact that she inherited her riches, Katharina has been playing an active role in the management of investments and in creating the future of the company.
4. Kjell Inge Røkke
Known for his self-made fortune in the maritime, offshore, and industrial sectors, Kjell Inge Røkke is widely recognized as one of the most renowned billionaires in Norway. He started off as a fisherman in Norway, but he eventually established an empire that encompassed industries all over the world. As a result, he is now considered to be one of the wealthiest and most prominent corporate executives in Western Scandinavia. With investments in shipping, oil and gas, renewable energy, and technology, Røkke continues to sustain its position as a formidable force in the Norwegian economic sector, as of the year 2025.
5. Torstein Hagen
Torstein Hagen is a Norwegian businessman who is worth a billion dollars. He is best known for being the founder and chairman of Viking Cruises, which is one of the most successful luxury cruise businesses throughout the world. Viking has become one of the most successful cruise brands in the world as a result of his leadership, which has resulted in River, Ocean, and Expedition Cruising being changed significantly. With a career that spans decades in the shipping and cruise industry, Hagen has established himself as a pioneer in the tourism sector. He has created a brand that is famous all over the world by combining luxury, cultural immersion, and efficiency. Even in the year 2025, he continues to be one of the wealthiest people in Norway and a significant player in the cruise business all over the world.
6. Gustav Magnar Witzøe
In Norway, Gustav Magnar Witzøe is recognized as one of the youngest billionaires. He is renowned for his substantial ownership in SalMar ASA, which is recognized as one of the most prominent salmon farming firms in the world. Witzøe, although being a young individual when he inherited his inheritance, has successfully carved out his own path in the fields of technology, real estate, and venture capital, thereby establishing himself as a prominent player in the business and financial landscape of Norway. As of the year 2025, he is still considered to be one of the wealthiest people in Norway, maintaining an estimated net worth of between $4 and $5 billion.
7. Odd Reitan
Odd Reitan is one of the wealthiest businessmen in Norway. He is most known for being the creator and owner of Reitangruppen, which is a multinational retail and convenience store company that is the most successful in Scandinavia. Over the course of his career, which has spanned more than four decades, Reitan has established an empire that encompasses grocery store chains, convenience stores, and gas stations across the countries of Norway, Sweden, Denmark, Finland, Latvia, Estonia, and Lithuania. Because of his estimated net worth of approximately $6 billion as of the year 2025, Odd Reitan is considered to be one of the wealthiest men in Norway. His company’s business model continues to be a driving force behind success in the food retail and franchising industries, and his influence in the Nordic retail industry is unparalleled.
8. Petter Stordalen
Petter Stordalen is a highly successful businessman, hotel mogul, environmental champion, and philanthropist from Norway. He is worth a billion dollars. He is most well-known for being the proprietor of Strawberry Group, which is the company that operates Nordic Choice Hotels, which is one of the most prominent hotel chains in Scandinavia. As of the year 2025, it is projected that Stordalen’s net worth is anywhere between $1.5 and 2 billion. He has developed his empire through investments in sustainable enterprises, real estate companies, and hotel firms. In addition to his success in business, Stordalen is well-known for his captivating demeanor, sophisticated way of living, and strong beliefs on matters pertaining to social issues and climate change.
9. Stein Erik Hagen
In addition to being the chairman of Orkla ASA, which is one of the major consumer products firms in Scandinavia, Stein Erik Hagen is one of the wealthiest businesspeople in Norway. He is most known for being the founder of Rimi, which is a grocery chain that offers bargain prices. It is anticipated that Hagen will have a net worth of approximately $5 billion in the year 2025. He has constructed a corporate empire that encompasses retail, consumer products, and investment holdings firm. He is well-known not only for his success in business, but also for his generosity, his strong political beliefs, and his fight for the rights of LGBTQ+ individuals.
10. Johan Johansson
Johan Johannson, who was born in 1967, is a Norwegian businessman who is worth a billion dollars and is the major owner of NorgesGruppen, which is the largest grocery wholesaling collective in Norway. His father, Knut Hartvig Johannson, left him roughly 75% of the company’s ownership, and he accepted it as his inheritance. NorgesGruppen, which was initially founded in 1866 under the name Joh. Johannson by Johan Johannson’s ancestor, has established itself as a formidable competitor in the retail industry of Norway. The corporation is responsible for the operation of a gigantic chain of supermarkets and convenience stores all throughout the United States.
