Odd Reitan

Odd Reitan
Odd Reitan
Born (1951-09-11) 11 September 1951
Trondheim, Norway
Residence Trondheim, Norway
Nationality Norwegian
Occupation Businessman
Known for Founder and co-owner of Reitan Group
Net worth US$6.3 billion (August 2018)[1]
Title CEO, Reitan Group
Spouse(s) Marit Arntsen
Children 2 sons
Parent(s) Ole Reitan and Margit Aarhaug
Website Reitangruppen.no

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 Group.[2]

Early life

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

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

He is married to Marit Arntsen (born 11 December 1952) whom he married in 1972.[3] He has the two sons Ole Robert Reitan (born 1971) and Magnus Reitan (born 1973). He resides in Trondheim.[1]

References

  1. 1 2 3 "Forbes profile: Odd Reitan". Forbes. Retrieved 9 August 2018.
  2. 1 2 Godal, Anne Marit (ed.). "Odd Reitan". Store norske leksikon (in Norwegian). Oslo: Norsk nettleksikon. Retrieved 23 June 2012.
  3. 1 2 3 Smith-Meyer, Trond. "Odd Reitan". In Helle, Knut. Norsk biografisk leksikon (in Norwegian). Oslo: Kunnskapsforlaget. Retrieved 23 June 2012.
  4. 1 2 3 Kristjansson, Mimir (1 October 2012). "Reitan". Klassekampen (in Norwegian).
  5. ↑ Reitan drysser to millioner på =Oslo-ildsjel


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