Name
Martin Moller Nielsen
Martin Moller Nielsen
London, United Kingdom
Denmark
aircraft leasing, Self Made
$1,600,000,000
1425
#1425 Billionaires 2019
Danish aviation entrepreneur Martin Møller Nielsen founded aircraft leasing firm Nordic Aviation Capital in 1990.A quarter of a century later, he sold a 67% stake in it to private equity firms EQT and Krikbi in a transaction that valued the firm at $3.3 billion.He still owns 33% of NAC, which initially leased aircraft for humanitarian aid organizations looking to fly into remote areas.The group, which started in Skive, Denmark, now has offices in Denmark, Ireland, North America and Singapore.It has a fleet of more than 400 airplanes and customers include Air Berlin, Olympic Air, and Etihad Regional.
Møller Nielsen, a certified pilot by the age of 18, reportedly bought a beaten up aircraft at 21, renovated it, and sold it for a large profit.
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