Aatos Erkko

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Aatos Erkko in 1963.

Aatos Juho Michel Erkko (16 September 1932[1] – 5 May 2012[2]) was a Finnish newspaper editor, newspaper publisher, and the main owner of the Sanoma Corporation and the newspaper Helsingin Sanomat, of which he was also the editor in chief.[3]

He was for many years the wealthiest person in Finland[4] and directly or indirectly controlled 23.29% of the Sanoma Corporation's shares,[5] whose value on 29 July 2009 was more than €453 million.[6]

Family[edit]

Aatos Erkko in 1953, as editor in chief of the news magazine Viikkosanomat, his first job as a journalist. This magazine was also owned by Sanoma.

Aatos Erkko was born in Helsinki. He married Jane Airola in 1959, but they did not have any children.[4]

His father was the politician and journalist Eljas Erkko, who preceded him as editor in chief of Helsingin Sanomat, and his mother was the English-born Eugenia Violet Sutcliffe.[3] Erkko's grandfather Eero Erkko was also a journalist and politician, best remembered as the founder of Helsingin Sanomat.

Education[edit]

Erkko earned a Master of Science degree in Journalism from the Columbia College of Columbia University.[3]

Sanoma[edit]

Sanoma made its initial public offering in 1999, during Aatos Erkko's time as chairman of the board.[7] Reporting news from around the world became increasingly important. Erkko founded Sanoma's own school for journalists in 1967, and Sanoma has foreign correspondents in many countries.[8]

Wealth[edit]

Aatos Erkko was the largest single owner of Finland's largest media concern, holding just over 23% of the Sanoma stock. As one of the key part of Sanoma, Helsingin Sanomat is the largest newspaper by circulation in the entire Nordic region. The value of his assets were in 2012 estimated as of €600 million. Ca €300 million is in international securities managed by an investment company registered in Switzerland.[4]

Donations[edit]

Aatos Erkko once donated €2.9 million to the University of Helsinki for the establishment of a professorship.[9]

He also donated expensive equipment to the Helsinki University Central Hospital and gave significant financial support to the Nuuksio National Park.

Finnish Nature Centre Haltia[edit]

The Finnish Nature Centre Haltia in the Nuuksio National Park received a donation of one million euros from the Jane and Aatos Erkko Foundation for the incorporation of ecological features into the centre’s design. Innovative ways to exploit solar energy and thermal energy from the ground will make the centre 75% self-sufficient in terms of heating, and its cooling system will be 100% self-sufficient. The centre is due to be completed by January 2013. It will present the best of Finland’s natural features and biodiversity and enable people living in or visiting the Helsinki area to get perspectives on the natural wonders of the whole country.[10][11][12]

Medicine[edit]

The Jane and Aatos Erkko Foundation donated €415,000 for child disease diagnostics in 2011.[13]

References[edit]

  1. ^ Kuka kukin on. Who’s Who in Finland, pp. 115. Otava, 2001, ISBN 951-1-17007-4.
  2. ^ "Aatos Erkko on kuollut". YLE. Retrieved 7 May 2012. 
  3. ^ a b c Eduskunta.fi on Eljas Erkko Archived October 11, 2009, at the Wayback Machine.
  4. ^ a b c Division of Erkko's estate could bring a new ruler to Sanoma HS 8.5.2012
  5. ^ "Largest Shareholders". Sanoma Corporation. Archived from the original on 6 January 2010. Retrieved 29 July 2009. 
  6. ^ "Share Facts". Sanoma Corporation. Archived from the original on 9 January 2011. Retrieved 29 July 2009. 
  7. ^ Aatos Erkko's obituary (in Finnish), Helsingin Sanomat
  8. ^ HS: Aatos Erkko on kuollut yle 7.5.2012
  9. ^ Aatos Erkko remembered in Finland and abroad, Helsingin Sanomat 8.5.2012
  10. ^ Additional funding – and a name – for the future Finnish Nature Centre at Nuuksio[permanent dead link] Metsähallitus 1.7. 2011
  11. ^ Nuuksion luontokeskus sai miljoonalahjoituksen HS 28.6.2011
  12. ^ The Finnish Nature Centre Haltia – featuring Finland’s natural treasures under the same roof Archived June 2, 2013, at the Wayback Machine. Metsähallitus Natural Heritage Services 6 March 2012
  13. ^ Tehoa lasten mitokondriosairauksien diagnosointiin 27.5.2011 University of Helsinki

See also[edit]