Gustav Magnar Witzoe
Food and Beverage

Gustav Magnar Witzoe Net Worth

Gustav Magnar Witzoe, 23, is the owner of 47% of Salmar ASA's equity, a Norwegian salmon producer founded by his father Gustav Witzoe in 1991. Salmar has revolutionized the fish farming industry in Norway, transforming it into one of the country's biggest industries. Witzoe's father still runs the company, while the younger Witzoe is investing in real estate and tech start-ups.
Gustav Magnar Witzoe is a member of Food and Beverage

Age, Biography and Wiki

Birth Place Kverva, Norway, Norway

💰 Net worth: $2.7 Billion (2024)

Gustav Magnar Witzoe, a prominent figure in the Food and Beverage industry in Norway, is projected to have a net worth of $2.7 billion by 2024. As the heir to his family's substantial fish farming business, SalMar ASA, Witzoe's wealth has steadily grown over the years. With his strategic business acumen and dedication, he has successfully expanded the company's operations, establishing it as one of the top producers of salmon globally. His entrepreneurial skills and innovative approach have not only propelled his personal financial success but have also significantly contributed to driving Norway's thriving seafood industry.

2016 $1.1 Billion
2017 $1.6 Billion
2018 $2.34 Billion

Biography/Timeline

2013

In 2013, Witzøe's Father transferred 47% of the company to him to allegedly avoid a large inheritance tax bill. Witzøe is involved with the family Business and worked as a milker at SalMar's fish farms in Freya.

Some Gustav Magnar Witzoe images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.