Name
Anders Holch Povlsen
Anders Holch Povlsen
Aarhus, Denmark
Denmark
fashion retail
$7,400,000,000
252
#252 Billionaires 2019
Fashion maven Anders Holch Povlsen's fortune stems primarily from his nearly $4 billion (sales) retailer Bestseller.Povlsen's parents opened the family's first store in 1975 in the small Danish town of Ringkobing.He took over at age 28 and is now the sole owner of Bestseller.Bestseller peddles apparel under 11 brand names, including Jack & Jones, Only and Vero Moda.Povlsen also has significant stakes in retailer ASOS, online grocery store Nemlig and payments company Klarna.
Povlsen owns more than 1% of all the land in Scotland.Povlsen owns a large reserve in Romania, tasked with protecting wolves, bears and lynxes.
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