Anders Holch Povlsen (born 1972) is a Danish billionaire who is the CEO and sole owner of the international clothes retailer chain Bestseller-Group (Vero Moda, Jack&Jones, etc.), a company founded by his parents, and the biggest shareholder in the British internet clothes retailer Asos and biggest shareholder in German internet clothes retailer Zalando. He is the second largest private landowner in Britain.
Early life
Anders Holch Povlsen was born in 1972 to Troels Holch Povlsen and Merete Bech Povlsen. The family’s first clothes store opened in 1975 in the tiny Danish town of Brande, with a population of just 7,000. Other outlets soon followed. Anders was only 28 when his father made him the sole owner of Bestseller. The family also has an interest, along with two Danish partners in China, in Bestseller Fashion Group China, a company that designs its own collections for 5,000 stores in China.
Career
He serves as its Chief Executive Officer. In 2013, Povlsen bought a 10% stake in the German internet clothes retailer Zalando, becoming the third largest shareholder. Bestseller already has a 27% stake in ASOS.com, the largest UK internet-only fashion retailer.
In June 2015, Anders Holch Povlsen’s net worth was estimated to be $5.8 Billion.
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