Stein Erik Hagen

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Stein Erik Hagen (born July 22, 1956) is a Norwegian businessman. He is Chairman of the Board of Orkla, where he is a large owner, and holds large ownerships of Steen & Strøm, Jernia and Komplett through his family company Canica. According to Kapital, Hagen is worth NOK 24 billion, making him the second richest person in Norway.

[edit] Biography

Hagen is educated at Kjøpmannsinsituttet (now part of the Norwegian School of Management). He founded the RIMI discount store chain along with his father in the 1970s, and retained ownership until the 2000s, when he sold to Swedish ICA and Ahold. Most of the Money was ploughed into Orkla. Hagen reportedly owns one of the biggest sailboats in Europe and used to own his own island in the Caribbean, which he has sold. He provided financial support to Liberal Party in the 2005 Norwegian election and to all the right-winged parties, the Liberal Party, Christian Democratic Party, Conservative Party and Progress Party in 2006.

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