Name
Svein Stole
Svein Stole
Oslo, Norway
Norway
investments, Self Made
$1,100,000,000
1941
#1941 Billionaires 2019
Former business journalist Svein Støle is the owner of Pareto Group, a financial services conglomerate.The company provides financing, research and asset-management services to such clients as foundations, pension funds and high-net-worth individuals.Through Pareto's shipping arm it also manages tankers, dry bulk ships and drilling rigs.Støle worked as a journalist for Norwegian business publication Kapital before taking a job as an analyst at an investment bank in 1987.In 1992 he and a group of investors bought Pareto, then a small project finance and securities outfit of bankrupt Oslobanken.
He reportedly bought his first bond in high school.
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