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Petter Anker Stordalen Bjorvand, a renowned Norwegian businessman and billionaire, oversees the Strawberry Group, enveloping a diverse range of ventures from hotels to finance, with a notable emphasis on Nordic Choice Hotels, which employs over 17,000 individuals across 200 establishments. Born in Porsgrunn, Norway, in 1962, Stordalen's journey to success commenced early, transitioning from a local strawberry seller to a formidable force in real estate and the hospitality sector. His career path, marked by strategic acquisitions and investments, such as the significant expansion of Choice Hotels Scandinavia and ventures into environmental activism through the Stordalen Foundation, highlights a blend of entrepreneurial acumen and a commitment to sustainable practices. This trajectory not only showcases Stordalen's multifaceted business philosophy but also underlines his contributions to corporate culture and social responsibility, earning him distinction in Scandinavia's business landscape.
November 29, 1962 in Porsgrunn, Norway
63 years
Hotels
Service
Norway
Oslo
Gunhild Stordalen (married 2010-2019)
3
Petter Anker Stordalen Bjorvand was born on November 29, 1962, in Porsgrunn, Norway. He began helping out in his father's grocery store at the tender age of 10 and started selling strawberries at the local market when he was just 12 years old. His entrepreneurial spirit shone early, and in 1974, he was recognized as Norway's top strawberry seller.
After completing his primary education, Stordalen attended Kjøpmannsinstituttet for a year before joining the Norwegian School of Marketing. His passion for business and his innate talent for entrepreneurship were already evident during his formative years.
## FamilyPetter Stordalen has been married twice. His first marriage resulted in three children. In 2010, he married Gunhild Stordalen, a doctor and former model. Their lavish wedding in Marrakech made headlines, with an estimated cost equivalent to $5 million. The couple has been actively involved in philanthropy and environmental causes, earning them the nickname "the Bill and Melinda Gates of Norway." However, in 2019, they announced their separation while remaining friends and collaborators.
## Career HighlightsStordalen's career trajectory is marked by a series of remarkable achievements. At the age of 24, he became the youngest shopping center manager in Norway, taking charge of City Syd in Trondheim. His expertise in property development led him to become the property director in Atle Brynestad's company, Made in. He was the architect behind the transformation of the former market area in downtown Trondheim and the successful relaunch of Liertoppen shopping center outside Oslo.
Stordalen's business acumen caught the attention of Realkreditt (later DnB), where he was employed by their property development company at the age of 29. His crowning achievement came when he, along with a group of investors, purchased the historical department store Steen & Strøm in downtown Oslo. The investment was recouped within the first five days of reopening, showcasing Stordalen's exceptional business acumen.
## CompaniesPetter Stordalen is the owner of the Strawberry Group, a conglomerate of 10 companies spanning various industries, including hotels, shopping centers, real estate, finance, and art.
The Strawberry Group encompasses the following companies:
Stordalen's business ventures have resulted in several major achievements. He became a billionaire at the age of 37, a testament to his exceptional entrepreneurial skills. He is the owner of Nordic Choice Hotels, one of Scandinavia's largest hotel chains, comprising over 200 hotels and employing 17,000 people.
Stordalen's success in the hospitality industry is evident in the numerous awards and accolades bestowed upon Nordic Choice Hotels. These include the Grand Travel Awards for Best Scandinavian Hotel Chain (2007 and 2008) and Best Work Place (2007, 2008, 2009, 2010, and 2011).
## Awards & AchievementsStordalen's contributions to the business world have been widely recognized. He was named Scandinavian Businessman of the Year in 2004. In 2010, he received the prestigious Ernst & Young Entrepreneur of the Year award. His innovative leadership and business acumen earned him the title of Brightest Business Mind in Northern Europe in 2016 by the Nordic Business Forum.
Additionally, he was honored as Leader of the Year in 2017 by the Grand Travel Award Sweden.
## Personal Life & LegacyStordalen resides in Oslo, Norway. He is known for his philanthropic endeavors and environmental activism. Together with his wife, Gunhild Stordalen, he established the Stordalen Foundation, which focuses on combating climate change. Stordalen's commitment to sustainability is reflected in the fact that all hotels in Nordic Choice Hotels are certified according to the ISO 14001 standard.
Stordalen's legacy is one of entrepreneurial success, innovation, and social responsibility. He has made significant contributions to the business landscape of Scandinavia and beyond, leaving a lasting impact on the industries he has shaped.
## TriviaPetter Anker Stordalen Bjorvand is born in Porsgrunn, Norway.
Named Norway's top strawberry seller.
Teams up with investor Christen Sveaas to buy 68% of the shares in the Scandinavian operations of Choice Hotels for NOK 100 million.
Buys out Sveaas's share in Choice Hotels Scandinavia.
Forms Home Invest, consisting of properties previously owned by Choice Hotels Scandinavia.
Home Invest goes public but is delisted.
Choice Hotels Scandinavia buys shares in Swedish property owner and developer Capona.
Home Invest sells 19 hotel properties to Capona, giving Stordalen a majority interest.
Home Invest buys the remaining shares in Choice Hotels Scandinavia and delisted the company.
Capona changed name to Home Properties. Home Properties spun off Home Capital as an investment company and listed it on the First North Stock Exchange in Stockholm.
Home Invest acquired all the shares in Home Capital and delisted the company. Stordalen did the same with Home Properties.
Nordic Choice Hotels acquired Kämp Collection Hotels.
Ernst & Young Entrepreneur of the Year.
Opened the 500-room Clarion Post Hotel in Gothenburg, Sweden.
Strawberry Brothers real estate company established.
Brightest Business Mind in Northern Europe by Nordic Business Forum.
Leader of the Year, Grand Travel Award Sweden.
Announced separation from wife Gunhild Stordalen.
Opened the 231-room Somerro Hotel in Oslo.
What is Petter Stordalen's current net worth?
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How did Petter Stordalen start his career and what are some key milestones?
What are the components of the Strawberry Group owned by Petter Stordalen?
What initiatives and awards highlight Petter Stordalen's commitment to environmentalism and business excellence?
What philanthropic efforts are Petter Stordalen known for?