Petter Stordalen

Quick Facts

Full Name	Petter Stordalen
Occupation	Entrepreneur
Date Of Birth	Nov 29, 1962(1962-11-29)
Age	62
Birthplace	Porsgrunn
Country	Norway
Horoscope	Sagittarius

Petter Stordalen Biography

Petter Stordalen is one of the most popular and richest Entrepreneur who was born on November 29, 1962 in Porsgrunn, Norway. Entrepreneur, property investor, and hotel tycoon who is recognized for having owned the corporate conglomerate Strawberry and it’s subsidiaries. As a self proclaimed environmentalist he established The Stordalen Foundation in 2011.

As an avid art enthusiast and collector he owned works from a number of well known artists including Andy Warhol.

Petter Anker Stordalen (born 29 November 1962) is a Norwegian billionaire businessman, hotel and property developer and self-proclaimed environmentalist. He has an estimated net worth of US$1.3 billion stemming from investments in hotels, shopping centers and property. Stordalen owns Strawberry, a corporate group consisting of ten companies in real estate, finance, hotels and art. Through Strawberry Hospitality Group, Stordalen owns Nordic Choice Hotels, consisting of over 200 hotels and employing 17,000 people. In the later stages of his career, Stordalen has pursued a number of philanthropic endeavors together with his wife, doctor and environmentalist Gunhild Anker Stordalen, donating large amounts of money to various charitable organizations within environment/climate change and scientific research programs through the Stordalen Foundation, established in 2011.

After leaving Steen & Strøm Invest, Stordalen struck out on his own teaming up with investor Christen Sveaas. In October 1996 the duo bought 68 percent of the shares in the Scandinavian operations of Choice Hotels for NOK 100 million. At the time the chain consisted of 8 hotels across Scandinavia. Following the acquisition Stordalen started his expansion, following the same model as in Steen & Strøm Invest, buying Swedish hotel chain Home as well as Norwegian hotel company InterNor, and taking Choice Hotels Scandinavia public. During a three-year period Choice Hotels Scandinavia bought, on average, a new hotel every other week and added 50 people to the payroll every 10 days. In December 1997 Sveaas sold his 37 percent share of the now 77 hotels. In 1999 Christian Ringnes and his company Eiendomsspar acquired a 35 percent share in Choice Hotels Scandinavia. After a short power struggle, Ringnes folded and Stordalen cemented his control over the company. The same year Stordalen also saw the acquisition of several Swedish and Danish hotels, including the Danish hotel company Nordisk Hotel Group, Stenungsbaden Yacht Club and Stockholm Globe Hotel. At the turn of the millennium, at age 37, Stordalen became a billionaire(in Norwegian krone). In 2012 Stordalen opened his biggest hotel to date, the 500 room 40 000 square meter Clarion Post Hotel in Gothenburg, Sweden. At the opening 10 000 Gothenburgers were gathered to watch a light and fireworks display that included Stordalen ascending from the top of the hotel playing the drums inside a six by six meter disco ball.

He and his wife Gunhild Stordalen had several children.

Petter Stordalen Net Worth

Petter Stordalen is one of the richest Entrepreneur from Norway. According to our analysis, Wikipedia, Forbes & Business Insider, Petter Stordalen 's net worth $1.2 Billion. (Last Update: December 11, 2023)

At the age of 24 he took over the largest shopping center in Norway.

In 2016, he was named the Brightest Business Mind in Northern Europe by the Nordic Business Forum.

Stordalen was born in Porsgrunn in Telemark, Norway to grocer Knut Anker Stordalen (1933–94) and Kari Stordalen. At the age of ten he began helping in his father’s grocery store and at the age of twelve he began selling strawberries at the local market. He already then displayed his acumen for business, being named “Norway’s top strawberry seller” in the local paper, Porsgrunns Dagblad, in 1974, beating out his competition of 50- to 60-year-old market ladies. Following high school he attended Kjøpmannsinstituttet for one year, he then managed his father’s store for a short time before going off to the Norwegian School of Marketing.

Height, Weight & Body Measurements

Petter Stordalen height Not available right now. Petter weight Not Known & body measurements will update soon.

Who is Petter Stordalen Dating?

According to our records, Petter Stordalen married to Gunhild Stordalen. As of December 1, 2023, Petter Stordalen’s is not dating anyone.

Relationships Record : We have no records of past relationships for Petter Stordalen. You may help us to build the dating records for Petter Stordalen!

As his fortune grew, Stordalen started investing in art, mostly contemporary. His first buy was a painting by the American artist Ross Bleckner which still hangs at his private estate. In an interview in September 2012, renown Swedish curator Sune Nordgren stated that Stordalen was the European answer to American hotelier Steve Wynn. This partly due to the fact that Stordalen had “redefined” hotel art by spending in excess of five million dollars in contemporary art on his two latest hotels alone, Clarion Hotel Post in Gothenburg and Clarion Hotel & Congress in Trondheim – and have a private collection which is valued at around 30 million dollars. In January 2013 Stordalen opens a new hotel called The Thief, in the Tjuvholmen neighborhood in Oslo. Every one of the 119 rooms will have unique original art from artists like Sir Peter Blake, Chris Gianakos and Tony Cragg. On the interactive TV’s guests will, supposedly as the world’s first, be able to choose between pay- TV-options and contemporary video art. In one of the elevators there will be an animation by Julian Opie, one of Stordalen’s favorite artists. In the library bar one will find a suite of pictures made by HM Queen Sonja of Norway. The Thief has signed a sponsorship-deal with the neighboring Astrup Fearnley Museum of Modern Art that gives the hotel access to the museums vast art library. Under the agreement, The Thief can borrow some signal work for strategic locations in the hotel. Stordalen has world leading collections of artists like Jaume Plensa, Alex Katz and Franz West. He also owns some of Andy Warhol’s best interpretations of Norwegian artist Edvard Munch. In the article the value of his total collections (private and business combined) was said to be more valued to more than 50 million dollars. These are some of his known art possessions: Franz Wests «Lemure», Miwa Yanagis «Elevator Girls», Bård Breiviks «Partitur», Alex Katz’ «Kirsten in a baseball hat», Jaume Plensas «Tattoo», Julian Opies «Suzanne Walking» and Damien Hirsts «Stamp Out Pleasure And Pain».

Facts & Trivia

Petter Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in Norway. Petter Stordalen celebrates birthday on November 29 of every year.