Johan Johannson – Billionaire

Johan Johannson owns nearly 75% of NorgesGruppen, the Norwegian grocery store chain he inherited from his father and uncle, but has no role in running the business.The company has been family-run since it was founded in 1866. NorgesGruppen had revenues of more than $9 billion in 2015, from more than 1,800 grocery stores and a chain of 800 convenience stores.

Johan Johannson Net Worth: Johan Johannson is a Norwegian businessman who has a net worth of $2.7 billion. Johan Johannson is the heir to a family company that was founded in 1866. Johannson is known to be exceedingly media-shy and leads a quiet and reportedly frugal life with his three young children. NorgesGruppen is a storied food retailer and wholesaler in Norway with a 40% market share. NorgesGruppen operates more than 1,750 grocery stores and a chain of 500 convenience chains, making it convenient for Norwegians to pick up Fiskemannen (its private-label fish and shellfish), Ferskt og ferdig (ready-to-eat meals) and Go Eco, its green and organic products. The son of Knut Hartvig Johannson, he was initially the heir of the wholesaler company Joh, established in 1866. Today, In 2008, Johan was considered to be the third wealthiest person in Norway. ASKO, the wholesale branch of NorgesGruppen, is responsible for the total flow of goods from manufacturer to the market segments in grocery retail, industrial household and convenient stores and consists of several regional companies, supplying groceries to NorgesGruppen’s stores, in addition to a smaller number of stores outside of NorgesGruppen. ASKO also supplies groceries to Horeca (hotels, restaurants and caterer) customers in Norway. ASKO distributes a portfolio of 18.000 products and serves 12.000 clients from 13 warehouses, covering all parts of Norway.

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