BillionaireNet
Tollefsen
Ivar Tollefsen
Rank #993
NORWAYreal-estateReal estate

Ivar Tollefsen

Net Worth
$4.059B
0% (24h)
Ivar Tollefsen, born June 23, 1961, is a Norwegian businessman known for his success in real estate. With an estimated net worth of $4.0 billion, Tollefsen's wealth primarily comes from his extensive real estate holdings. His entrepreneurial journey began with Tollefsen Enterprises at age 14, which he later sold. He then founded Fredensborg AS, which, along with its subsidiary Heimstaden AB, became one of the largest owners of rental housing in Scandinavia and Europe. His career is marked by strategic acquisitions and international expansion, leading to a significant fortune. In addition to his business achievements, Tollefsen is known for his adventurous spirit, participating in polar expeditions and the Dakar Rally.

The Full Dossier

Early Life

Ivar Erik Tollefsen was born on June 23, 1961, in Asker, Norway. From a young age, Tollefsen displayed an entrepreneurial spirit. At 12, he started delivering papers, managing four routes and waking up early. His early ventures included DJing and event organization, which led to him founding Tollefsen Enterprises, a party supply business that was sold in 1985.

Rise to Success

Tollefsen's major entry into real estate came in 1994 when he purchased a building with 20 apartments in Oslo. This marked the beginning of Fredensborg AS, which later expanded to become a major player in the Scandinavian real estate market. Through Heimstaden Bostad, Tollefsen's company acquired numerous properties across Europe, including a significant acquisition of buildings in Germany in 2020.

Key Business Strategies

Key to Tollefsen's success has been his focus on long-term investments and strategic acquisitions. He has been a pioneer in international expansion, diversifying his real estate holdings across several European countries. The company has also focused on sustainable practices and energy-saving measures in its properties.

Philanthropy

Tollefsen has supported numerous charitable causes, especially those related to education and environmental sustainability. His philanthropic efforts show his commitment to giving back to society.

Career Timeline

2020

German property acquisitions

Heimstaden Bostad acquired 1,732 buildings in Germany.

2017

Oslo building acquisition

Bought a building in Oslo, formerly the US embassy.

2013

Founded Heimstaden Bostad

Founded Heimstaden Bostad, an important subsidiary of Fredensborg AS.

2009

Dakar Rally

Finished fourth in the Dakar Rally.

1994

Entered real estate

Purchased a 20-apartment building in Oslo, starting his real estate ventures.

1991

Skiing record

Set the world speed record for crossing Greenland on skis.

1985

Sale of Tollefsen Enterprises

Sold Tollefsen Enterprises, his first company, for approximately $2.8 million.

Philanthropic Impact

Children's welfareUndisclosed

Home for a Home

Collaboration with SOS Children's Villages, Heimstaden donates more than 130 million kroner to the programs in 2022.

Wealth Trajectory