 |
Olav ThonOwner of the company "Stormgård AS and Thongård AS"
Date of Birth: 29.07.1923
Country:  Norway |
Content:
- Ulav Thon: A Real Estate Tycoon in Norway
- Business Empire: Stormgard AS and Thongard AS
- Entrepreneurial Journey
- Environmental Commitment
- Hospitality Excellence
- Financial Success
Ulav Thon: A Real Estate Tycoon in Norway
Born in Hallingdal, Norway on July 29, 1923, Ulav Thon is a renowned Norwegian businessman and a prominent figure in the real estate industry. He currently resides in Oslo and holds a significant stake in Eiendomsselskap ASA.
Business Empire: Stormgard AS and Thongard AS
Thon is the owner of Stormgard AS and Thongard AS, a company that owns approximately 400 properties in Norway and 20 large-scale buildings internationally. His extensive portfolio includes hotels, restaurants, shopping centers, retail stores, and office buildings.
Entrepreneurial Journey
Thon's successful business venture began in 1951 with the acquisition of a modest building to open his first restaurant. Through strategic acquisitions and lucrative contracts, he gradually expanded his empire. Today, Thon Hotels is Norway's largest hotel chain, renowned for its focus on environmental sustainability.
Environmental Commitment
Recognizing the importance of protecting the environment, Thon Hotels has implemented a comprehensive energy conservation program. The company aims to make all its hotels "Eco-lighthouses" by 2008. Hotels feature eco-friendly products, natural materials, and a commitment to reduce energy consumption. The program has already resulted in a 26.4% annual reduction in energy use, saving the company an estimated 20 million Norwegian Kroner.
Hospitality Excellence
Thon Hotels is dedicated to providing exceptional hospitality. The upcoming Thon Hotel Kautokeino, set to open in June 2008, will serve as a gateway for tourists exploring the Norwegian wilderness. The company is also investing in new hotel developments, contributing to Norway's cultural tourism landscape.
Financial Success
Ulav Thon has amassed a substantial fortune through his business acumen. Forbes Magazine estimates his net worth at $3 billion, making him one of the wealthiest individuals in Norway and ranking 368th among global billionaires.
