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On Tuesday morning, the tax lists for 2019 were released, and last year, the salmon heir Gustav Magnar Witzøe (27) was the richest person in the country.
At the end of 2019, SalMar’s heir had a fortune of NOK 20.9 billion, the highest in Norway.
You also cannot expect an income of NOK 183 million, or payment of NOK 235.5 million in taxes.
PRIVATE FOR: Although Gustav Magnar Witzøe is extremely secretive, he has shared some secrets about the past. Photographed here in 2018. Photo: Andreas Fadum / See and Hear
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This is not the first time that Witzøe has made a high mark on the charts. In 2013, he formally took over his father’s assets in the world-famous salmon company, which has made him so well off.
Although Witzøe’s fortune is often discussed in both the Norwegian and international media, there are likely many who do not know the story of the man behind the numbers. About the young model from Frøya, who has been in prison and drives a luxury pig car.
This is how the young billionaire is completely private.
House
Gustav Witzøe jr. He grew up in Frøya in Trøndelag, where the family business is located. He is the son of Gustav Witzøe (67), one of the main businessmen in the country. With the salmon farming company SalMar, he has earned billions of crowns.
Jr. had salt in the porridge and probably watched it grow. He is registered at the address of the small town of Kverva in Frøya, where his father also has a house. This fall iLaks wrote that Witzøe senior had built a giant 1750-square-meter villa, with, among other things, a cinema and a swimming pool.
The young billionaire heir has been given a separate part of the house, about 200 square meters. It is not known how much the house is worth, but it is many millions of crowns.
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In this way, Norwegians can save NOK 4.25 billion in interest costs.
Witzøe has also lived in Trondheim, where she moved to finish high school, and in New York, where she tried to make her way as a model. He is still taking modeling jobs, with good support from his friend, stylist Jan Thomas.
The Fortune
Despite ranking first on this year’s wealth list, the 27-year-old cannot go to the bank and withdraw the cash value. Much of his fortune is linked to his father’s company. According to Kapital’s list of the 400 richest people in Norway, it is still SalMar’s father and CEO Gustav Witzøe who formally manages the fortune.
MENTOR: Jan Thomas and Gustav Witzøe have been friends and partners for several years. Photographed here at the opening of The Hub last year. Photo: Tor Lindseth / See and Hear
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Finansbladet’s overview of the 2020 figures in this country, Gustav attributes an estimated fortune of NOK 33.5 billion. That is almost three billion crowns more than the previous year.
“In 2013, his son Gustav Magnar formally took over his father’s property interests, which sent him to the top of the Forbes list of the world’s richest under 30s,” he says in the summary of Kapital.
The billionaire heir suddenly became royal
Car
Although much of the wealth is tied to the business, Witzøe also spends large sums on himself. He is rarely seen without clothes or without a high-priced bag and has, among other things, a penchant for French Louis Vuitton. The jacket in the image below is from the brand:
When he lined up at the opening of The Hub in Oslo, he was wearing the French favorite. One part of the outfit was priced at 22,000 crowns only.
MILLION CARS: Witzøe bought a Lamborghini Urus for NOK 3.5 million. Photo: Albert Pena / CSM / REX / SHUTTERSTOCK / NTB
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Witzøe also doesn’t save on gunpowder when it comes to cars. Last year, he became one of the first in the country to buy Lamborghini’s new SUV, the Lamborghini Urus. The 27-year-old Dagens Næringsliv mentioned the purchase, which is said to have cost him NOK 3.5 million.
Had to operate: – There were some tears
Imprisoned
Although Witzøe is probably a skilled pilot, things have sometimes gone wrong for the heir. During the Russian era, he was caught at 116 kilometers per hour in zone 60 on his way home, while a car passed.
He was sentenced to two weeks in prison and served his sentence as a pallet nailer in Værdal prison when he was 20 years old.
– A strange experience. A bit like confirmation camp. But I felt dirty when it happened. It was really weird. Now I drive considerably easier, he told Dagbladet Magasinet.
Given the pandemic, Witzøe has spent much of the year in Norway. So you’ve probably driven around Frøya with your exclusive car, a bit more careful than when you were Russian.
The billions of heirs have “evaporated”
Love life
Gustav Magnar Witzøe is a relatively shy guy with the media. He has only appeared in a handful of interviews since his father’s B shares were transferred to him, and it is primarily through Instagram that a lot of people get to know him. There he has more than 100,000 followers.
He mainly shares photos of himself, in scenarios of his work as a model. Therefore, you have the advantage of sharing a photo with a potential boyfriend. Rumor has it that someone has hijacked his heart, but this is not something he has publicly commented on.
POPULAR: The marital status of Gustav Magnar Witzøe, 27, is currently uncertain. However, it is popular with the ladies. Here she poses with Tone Damli at the Celebrity Gala in 2018. Photo: Astrid Waller
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He told Se og Hør the following about his romantic life last year:
– Heh-heh, no, there’s nothing new there. “I’m fine,” he said secretly.
He has previously denied that he has a relationship with mentor and partner Jan Thomas. In fact, he has had to go against rumors that he was gay.
– If someone calls me gay, then it is not something that I perceive as degrading. Gay is something you are, not something you choose. There is nothing wrong with that, he has told Dagbladet Magasinet.
READ ALSO: From a million fortune to zero
