When you think of influential figures in Norway's business landscape, Stein Erik Hagen is a name that undoubtedly comes to mind. Known for his dynamic business ventures and significant contributions to the retail and investment sectors, Hagen's life story is as intriguing as it is inspiring. Born and raised in Norway, he has built a reputation not only as a successful businessman but also as a person of interest in various aspects of life, from his personal relationships to his philanthropic endeavors. In this article, we will take a closer look at the life of Stein Erik Hagen, exploring his early beginnings, career milestones, personal life, and financial success.
Quick Info Table
| Full Name | Stein Erik Hagen |
|---|---|
| Popular As | Business Tycoon, Chairman of Orkla |
| Occupations | Businessman, Investor |
| Age (as of 2024) | 67 |
| Date of Birth | July 22, 1956 |
| Birthplace | Norway |
| Nationality | Norwegian |
| Ethnicity | Caucasian |
| Religion | Not publicly specified |
| Horoscope | Cancer |
| Height | 6'0" (approx.) |
| Weight | 176 lbs (approx.) |
| Eye Color | Blue |
| Hair Color | Blonde |
| net worth (2025) | $2.1 billion |
| Parents | Rimi founders |
| Spouse | Mille-Marie Treschow (ex-spouse) |
| Children | Four |
Early Life
Before Stein Erik Hagen became a household name in the Norwegian business world, he had humble beginnings that set the stage for his future success. Born in Norway, Hagen was introduced to entrepreneurship at an early age.
Childhood and Education
Growing up in a family that valued hard work and innovation, Hagen embraced these principles from a young age. His education provided a strong foundation, equipping him with the skills necessary to navigate the business world. Did you know he co-founded the RIMI discount store chain with his father? This early exposure to business operations undoubtedly played a crucial role in shaping his business acumen.
Family Influence
Hagen's family significantly influenced his formative years. His father, in particular, guided him through the intricacies of retail and entrepreneurship. This familial support not only offered valuable insights but also instilled the confidence needed for Hagen to pursue his own ventures.
Career Highlights
Stein Erik Hagen's career exemplifies his strategic vision and relentless drive. His journey from co-founding a discount store chain to becoming a major shareholder in Orkla is nothing short of remarkable.
The RIMI Success Story
In the 1970s, alongside his father, Hagen co-founded the RIMI discount store chain. This venture marked the beginning of his illustrious career. RIMI quickly gained popularity, becoming a household name across Norway. Its success eventually led to its acquisition by Swedish ICA and Dutch company Ahold in the 2000s. This move not only brought significant financial gains but also allowed Hagen to diversify his investments.
Leading Orkla
Hagen's role as chairman of Orkla, a prominent Norwegian company, further solidified his status in the business community. His strategic investments and leadership have been instrumental in Orkla's growth, making it a key player in the Nordic market. Additionally, Hagen holds stakes in companies such as Steen & Strøm, Jernia, and Komplett through his family company, Canica.
Philanthropy and Political Involvement
Beyond business, Hagen actively engages in philanthropy and politics. He has supported various political parties in Norway, including the Liberal Party, Christian Democratic Party, Conservative Party, and Progress Party. His contributions to the 2005 and 2006 Norwegian elections underscore his commitment to shaping the political landscape.
Net Worth
The name Stein Erik Hagen is often associated with impressive financial achievements. As of 2024, Hagen's net worth is estimated at around $2.1 billion. But how did he amass such wealth?
Building Wealth Through Strategic Investments
Hagen's financial journey began with the success of RIMI, which provided him with the capital to explore other ventures. His strategic investments in Orkla and other companies have significantly contributed to his wealth. The sale of RIMI to ICA and Ahold allowed Hagen to reinvest the proceeds into high-potential businesses, further enhancing his financial portfolio.
Recent Financial Developments
In recent years, Hagen has continued to expand his investment portfolio, ensuring his net worth remains robust. His keen eye for lucrative opportunities and ability to adapt to market changes have been key factors in maintaining his financial success.
Personal Life
While Stein Erik Hagen's business achievements are well-documented, his personal life offers an equally fascinating narrative. From his relationships to his personal revelations, Hagen's life off the corporate stage is intriguing.
Relationships and Family
Hagen has been married twice, with his second marriage to Mille-Marie Treschow ending in separation in 2012. He has four children — three from his first marriage and a son from another relationship. These family dynamics have played a significant role in his life, providing both support and inspiration.
Public Revelations
In October 2015, Hagen publicly came out as bisexual on the talk show Skavlan, a revelation that garnered significant media attention. His openness about his sexuality was met with support from his family, who were already aware, highlighting Hagen's commitment to authenticity and transparency.
Personal Interests
As for his personal interests, Hagen is deeply involved in philanthropy and supports various cultural initiatives in Norway. His dating life remains private, reflecting his preference to keep certain aspects of his personal life away from the public eye.
FAQs
What is Stein Erik Hagen's current role?
Hagen is the chairman of Orkla and a significant shareholder in several other companies.
How did Stein Erik Hagen build his wealth?
He co-founded the RIMI discount store chain and strategically invested in companies like Orkla, Steen & Strøm, and Komplett.
Is Stein Erik Hagen involved in philanthropy?
Yes, he supports various philanthropic causes and has been involved in political contributions in Norway.
What is known about Stein Erik Hagen's personal life?
Hagen has been married twice, has four children, and publicly came out as bisexual in 2015.
How tall is Stein Erik Hagen?
He is approximately 6 feet tall.
Reflecting on Stein Erik Hagen's Impact
Stein Erik Hagen's journey from a young entrepreneur to a prominent business magnate is a story of vision, determination, and adaptability. His ability to navigate the complexities of the business world while maintaining a rich personal life is commendable. As we ponder his legacy, one might wonder: What new ventures will he embark on next? How will his influence continue to shape the business and political landscapes in Norway and beyond? The answers remain to be seen, but one thing is certain — Stein Erik Hagen's story is far from over. 🌟
