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]