GUSTAV Magnar Witzoe has the existence that everyone aspires to have.
He is the youngest male millionaire in the world, having grown up on a small island off the north-west tip of Norway and jetted from Dubai to Italy.
Who is Gustav Magnar Witzoe?
On February 8, 1993, Gustav Magnar Witzoe was born in Norway.
His father granted him a 47% ownership stake in their family’s fishing company, SALMar ASA, when he was 19 years old.
His father, who goes by Gustav, started the business in 1991.
His father is still in charge of the family business as of April 2023.
Gustav Junior stated to the Norwegian daily Dagbladet in June 2018: “You have to be adapted to it.
“If there are other candidates, the finest candidate must be hired. Values, jobs, and other important variables are all at risk.
A part-time model with a contract, Gustav has participated in New York Fashion Week.
What is Gustav Magnar Witzoe’s net worth?
Gustav was recognised by Forbes as the world’s youngest male millionaire in 2018.
In April 2023, Forbes magazine estimated Gustav’s net wealth to be $2.7 billion (£2.1 billion), placing him 1,104th overall.
He works in the family company and spent two years working at the SALMar salmon farm in Froya, Norway, after graduation.
Gustav decided against attending college in favour of learning the family business.
He enjoys investing in start-ups with his own business, Wiski Capital, when he is not acting in front of the camera.
Gustav made investments in businesses like Key Butler, an Airbnb host service, and Gobi, a Norwegian rival to Snapchat.
Gustav is neither engaged to be married to nor courting anyone as of April 2023.
Additionally, he is childless.
He does, however, operate a charity organisation called the W Initiative.
Gustav is neither engaged to be married to nor courting anyone as of April 2023. Additionally, he is childless. He does, however, operate a charity organisation called the W Initiative.
Gustav established the W Initiative in 2021 as a charitable organisation dedicated to improving the health and education of kids.
The group focuses on giving children in Uganda access to sanitary amenities and pure water.