Billionaire Norwegian Real Estate Developer Olav Thon Passes Away at 101

Reported 7 days ago

Olav Thon, the billionaire Norwegian entrepreneur known for his iconic red cap and significant contributions to the real estate sector, has died at the age of 101. Starting his career selling leather and fox hides, he built one of Norway's largest real estate empires, which includes over 80 shopping centers and approximately 90 hotels across several countries. Thon was also noted for his philanthropic efforts in medical research and support for outdoor activities in Norway.

Source: YAHOO

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