Gustav Magnar Witzøe
Gustav Magnar Witzøe (born 1993 in Frøya) is a Norwegian billionaire and significant shareholder of salmon fish farming company Salmar ASA. He is one of the youngest billionaires in the world.
Witzøe was born in Frøya, Trondheim, to parents Gustav and Oddny Witzøe. His father founded SalMar, which is one of the world's largest producers of farmed salmon. SalMar also owns a significant stake in Scottish Sea Farms, the UK's second-largest salmon farmer.
When he was 19 Witzøe served two weeks in prison after being arrested for driving 116 km/h in a 60 km/h zone.
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 Frøya. As of December 2018, his net worth was $3.2 billion.
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- "Meet the 22-Year-Old Who's Now The Third Youngest Billionaire in the World". Next Shark. March 4, 2016. Retrieved October 27, 2017.
- "Gustav Magnar Witzoe". Forbes.com. Forbes. Retrieved October 27, 2017.
- "Son of SalMar founder is Norway's youngest millionaire". Undercurrent News. May 30, 2013. Retrieved October 27, 2017.