Erik Must Explained

Erik Must
Birth Date:26 January 1943
Birth Place:Trondheim, Norway
Occupation:Stock broker and investor

Erik Must (born 26 January 1943) is a Norwegian stock broker and investor. He was born in Trondheim, a son of banker Arne Bernhoft Must and Svanhild Synnøve Svendsen. He established the investment company Avanse Forvaltning along with Kjell Christian Ulrichsen, and later became owner of Fondsfinans. He is a significant investor in Norwegian media companies, controlling large parts of the publishing house Gyldendal Norsk Forlag, as well as the newspapers Dagens Næringsliv and Adresseavisen. He is also a significant owner of the energy company Arendals Fossekompani.[1] [2] As of 2024 Must is the largest private investor in the technology group Kongsberg Gruppen, where his assets reached an estimated worth of NOK 5 billion in 2024.[3]

Forbes lists his net worth as of April 2022 at $1.1 billion USD.[4]

Notes and References

  1. Encyclopedia: Erik Must. . Godal . Anne Marit . Anne Marit Godal . Norsk nettleksikon . Oslo . Norwegian . 19 January 2014.
  2. Encyclopedia: Erik Must . Norsk biografisk leksikon. Gunnar . Stavrum . Helle, Knut. Kunnskapsforlaget . Oslo . Norwegian . 19 January 2014.
  3. News: Erik Must nådde 5 milliarder kroner . Sindre Glesnes . Kvarven . Sigurd . Sveen. Finansavisen . 23 August 2024 . no.
  4. Web site: Eric Must . Forbes - The World's Billionaires. August 19, 2022.