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Viking Cruises founder loses 66% of personal fortune - but is still worth two billion

Thursday, 24 September 20203 min read
Viking Cruises founder loses 66% of personal fortune - but is still worth two billion

The founder of Viking Cruises, Torstein Hagen, has seen two thirds of his personal fortune wiped out, with the Covid pandemic largely to blame.

The Norwegian’s bank balance has sunk from $6.28 billion to a still-mammoth $2.1 billion. It is the biggest single-year drop ever recorded in the 30-year history of the rich list compiled by financial magazine Kapital.

Full story here.