Anders Holch Povlsen

Anders Holch Povlsen is a Danish billionaire who is the CEO and sole owner of the international clothes retailer chain Bestseller, a company founded by his parents, the largest shareholder in the British internet clothes retailer Asos.com, and second-largest in German internet clothes retailer Zalando.

  • Fashion maven Anders Holch Povlsen‘s fortune stems primarily from his nearly $4 billion (sales) retailer Bestseller.
  • Povlsen’s parents opened the family’s first store in 1975 in the small Danish town of Ringkobing.
  • He took over at age 28 and is now the sole owner of Bestseller.
  • Bestseller peddles apparel under 11 brand names, including Jack & Jones, Only and Vero Moda.
  • Povlsen also has significant stakes in retailer ASOS, online grocery store Nemlig and payments company Klarna.