Caroline Hagen Kjos Explained

Caroline Hagen Kjos
Birth Place:Norway
Alma Mater:Parsons School of Design
Occupation:Businesswoman
Chairman, Canica
Known For:Richest woman in Norway
Spouse:Christer Kjos
Children:4
Parents:Stein Erik Hagen

Caroline Marie Hagen Kjos (born 1984)[1] is a Norwegian businesswoman, heiress and billionaire based in Switzerland. In early 2018, she was the richest woman in Norway. In 2014, she was elected Chairman of the Board of the family holding company Canica. In 2014–2015, a clear majority of the company's share capital was also transferred to her. As of August 2023, Forbes estimated Hagen Kjos' assets at $2.1 billion.[2]

Biography

Hagen Kjos works as a project manager in the Swiss subsidiary of the family company.[1] Hagen Kjos, who moved to the Canton of Schwyz, Switzerland in 2009 to promote low income and wealth taxes, inherited a majority stake in the company from her father, Stein Erik Hagen, in 2014. In 2015, Hagen Kjos' holding in the family’s parent company, Canica, increased to 99.75%. As a result of the arrangements, Hagen now have a nominal value of only 0.25%, but these shares also carry 70% voting rights in the company's affairs.[3] [4] Canica is a major shareholder in Orkla ASA; Orkla has acquired several food companies in Finland, having merged with Orkla Foods Finland and Orkla Confectionery & Snacks; products include Panda confectionery and Taffel potato chips. Orkla's Chairman of the Board is Hagen, with Hagen Kjos as his alternate.[5] [1]

Hagen Kjos holds a bachelor's degree from the Parsons School of Design in New York City.[1] She is married to Christer Kjos and they have two children.[2] [3]

Notes and References

  1. Web site: Caroline Marie Hagen Kjos. 21 April 2018. orkla.com. 21 April 2018. English.
  2. Web site: Caroline Hagen Kjos . Forbes, forbes.com . 27 August 2023 . 27 August 2023.
  3. Web site: Hun er rikest av norske kvinner. Bente Bjørndal & Ida Grieg Riisnæs. 19 September 2015. Dagens Næringsliv, dn.no . 21 April 2018. English.
  4. Web site: 431. Stein Erik Hagen $4.54B. Bloomberg Billionaires Index. 20 April 2018. bloomberg.com . 21 April 2018. English.
  5. Web site: Board of Directors. 21 April 2018. orkla.com . 21 April 2018. English.