Gustav Magnar Witzoe

Gustav Magnar Witzøe is a Norwegian billionaire and significant shareholder of salmon fish farming company Salmar ASA. He is one of the youngest billionaires in the world.

  • Gustav Magnar Witzoe owns nearly half of Salmar ASA, one of the world’s largest salmon producers.
  • His stake was gifted to him in 2013 by his father, Gustav Witzoe, who founded the company in 1991.
  • Salmar has led the industrialization of fish farming in Norway, refining the product into more sophisticated cuts with higher margins.
  • The elder Witzoe still runs the company; Gustav Magnar, meanwhile, is trying to make his own mark investing in real estate and tech startups.