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› Money › People

Stein Erik Hagen

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[ webmaster ] [ 2005-04-03 11:10:48 ]

Stein Erik Hagen with his father opened a discount supermarket in the late 1970s. Ultimately partnered with supermarket giant Ahold, pocketing a cash payout and 20% stake. When the deal gets renegotiated late this year, expect each to make a play for the other one's holding.

Also has significant stakes in Orkla, a large Norwegian outfit with interests in chemicals, consumer goods and financial services; also Steen & Strom, which owns shopping centers. One of his daughters sits on the board of his investment firm, Canica. Reportedly owns one of the biggest sailboats in Europe and his own island in the Caribbean.

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[ webmaster ] [ 2005-04-03 11:10:48 ]

Senator Al D'amato - us senator
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