There is something intensely intriguing about the world’s richest people – and as the third youngest billionaire in the world and Norway’s richest man, 24-year-old Gustav Magnar Witzøe certainly makes for an interesting case study.
Gustav Magnar owns almost half of Norwegian fish farming company Salmar, a stake that was gifted to him by his father when he was just 19. He’s now worth a staggering $1.9 billion (£1.4 billion), according to Forbes.
Fortunately for anyone curious about he spends his wealth, he documents his extravagant lifestyle on Instagram.
Keep scrolling to see how the third youngest billionaire in the world splits his time between his glamorous family, exotic holidays, getting tattoos, buying expensive clothes, and investing in local tech startups.
Meet 24-year-old Gustav Magnar Witzøe, who is worth an estimated $1.9 billion (£1.4 billion), making him the third youngest billionaire in the world.
Gustav Magnar’s extreme wealth comes from his stake in Norwegian fish farming company Salmar. He owns almost half of the firm, which is one of the world’s largest salmon producers.
Salmar is headquartered on the island of Frøya in the region of Central-Norway, where they also have a processing factory.
Gustav Magnar’s father, Gustav Witzøe — who founded the company in 1991 — gifted Gustav Magnar’s stake to him in 2013, when he was just 19.
Gustav Witzøe, who still runs the company, said that the family had “long discussions” over the decision to put a 19 year old in charge of the company’s shares. “There are pluses and minuses,” he reportedly said. “It can affect you in many ways, good and bad. It could affect relationships with friends.”