Odd Reitan Explained

Odd Reitan
Birth Date:11 September 1951
Birth Place:Trondheim, Norway
Occupation:Businessman
Spouse:
    Children:2 sons:
    Ole Robert Reitan
    Known For:Founder, CEO and co-owner of Reitan AS

    Odd Reitan (born 11 September 1951) is a Norwegian billionaire businessman. He was born in Trondheim. He is co-owner and CEO of the Reitan AS.[1]

    Early life

    Reitan is the son of "single-store grocers",[2] Ole Reitan and Margit Aarhaug.[1]

    Career

    Reitan established his first shop in Trondheim in 1972, in cooperation with his father. In 1979 he established the grocery chain store REMA 1000, which came to be a great success. By 1990 every village in Norway with more than 10,000 inhabitants had a Rema 1000 shop. During the 1990s the chain expanded in Denmark, Sweden, Poland, Hungary and Slovakia.[3]

    Reitan played keyboard in the music group Four Jets in the 1960s.[3]

    2012 book

    He and his 2012 book, Hvis jeg var president ("If I was president"), was the subject of an editorial in Klassekampen.[4] The editorial highlighted his idea of him governing Norway without being elected by popular vote.[4] His idea is that he could be appointed by Norway's king. The editorial described these ideas as "undemocratic dirt".[4]

    Philanthropy

    In 2013 he awarded Norwegian kroner 2 million to Anlov Mathiesen (chief editor of =Oslo), saying that Mathiesen's work contributes to "increased self-respect for the vendors of the street magazines."[5]

    Personal life

    In 1972, he married Marit Arntsen (born 1952).[3] They have the two sons, Ole Robert Reitan (born 1971),[6] and .[1]

    In June 2018, he married Hilde Undlien in Nidaros Cathedral in Trondheim.[7] They had been in a relationship since 2012.[7] He resides in Trondheim.[2]

    Notes and References

    1. Encyclopedia: Odd Reitan . . Godal . Anne Marit . Anne Marit Godal . Norsk nettleksikon . Oslo . Norwegian. 23 June 2012.
    2. Web site: Forbes profile: Odd Reitan. Forbes. 9 August 2018.
    3. Encyclopedia: Odd Reitan . Norsk biografisk leksikon. Trond . Smith-Meyer . Helle, Knut . Knut Helle . Kunnskapsforlaget . Oslo . Norwegian . 23 June 2012.
    4. News: Reitan . . 1 October 2012 . Mimir . Kristjansson . Mimir Kristjansson . no .
    5. http://e24.no/media/reitan-drysser-to-millioner-paa-oslo-ildsjel/21605218 Reitan drysser to millioner på =Oslo-ildsjel
    6. Encyclopedia: Ole Robert Reitan . . Bolstad . Erik . Norsk nettleksikon . Oslo . Norwegian. 22 March 2020.
    7. News: Falch . Kine . Nå er Odd Reitan gift . 22 March 2020 . Dagbladet . 16 June 2018.