Odd Reitan Net Worth

Odd Reitan is a Norwegian businessman who was born in Trondheim, Norway in 1951. He opened his first shop in 1972 and has since grown his business, Reitangruppen, into the fifth largest in Norway. Reitangruppen has a wide range of businesses, including grocery and convenience stores, real estate, energy, and oil, and had total sales of over $10 billion in 2015. Reitan's sons, Ole Robert and Magnus, are both involved in the business, with Ole Robert as CEO of REMA 1000 and Magnus as chief of Reitan Convenience.
Odd Reitan is a member of Fashion & Retail

Age, Biography and Wiki

Birth Day September 11, 1951
Birth Place Trondheim, Norway, Norway
Odd Reitan age 71 YEARS OLD
Birth Sign Libra
Residence Trondheim, Norway
Occupation Co-owner and CEO, Reitan Group
Known for Founder of Reitan Group
Title Colonialmajor
Spouse(s) Marit Arntsen
Children 2
Website Reitangruppen.no

💰 Net worth: $6.9 Billion (2023)

2014 $3.8 Billion
2015 $5.2 Billion
2016 $4.2 Billion
2017 $5.3 Billion
2018 $6.78 Billion

Some Odd Reitan images



He is married to Marit Arntsen (born 11 December 1952) whom he married in 1972. He has the two sons Ole Robert Reitan (born October 5, 1971) and Magnus Reitan (Born March 11, 1973). He resides in his houses in Spain and in Lade Gård, Trondheim.


Reitan played keyboard in the music group Four Jets in the 1960s.


Son of Jewish parents from Hungary and the Netherlands, Reitan established his first shop in Trondheim in 1972, in cooperation with his Father. In 1979 he established the grocery chain store REMA 1000, which came to be a great success. By 1990 every village in Norway with more than 10,000 inhabitants had a Rema 1000 shop. During the 1990s the chain expanded in Denmark, Sweden, Poland, Hungary and Slovakia.


He and his 2012 book was the subject of an editorial in Klassekampen. The editorial highlighted his idea of him governing Norway without being elected by popular vote. His idea is that he could be appointed by Norway's king. The editorial described these ideas as "undemocratic dirt".


In 2013 he awarded Norwegian kroner 2 million to Anlov Mathiesen (chief Editor of =Oslo), saying that Mathiesen's work contributes to "increased self-respect for the vendors of the street magazines."