Anders Holch Povlsen
Anders Holch Povlsen (born 1972) is a Danish businessman who is the CEO and sole owner of the fashion chain Bestseller, a company founded by his parents, Troels Holch Povlsen and Merete Bech Povlsen. He is also the second largest private landowner in Scotland.
Early life
Anders Holch Povlsen was born in 1972. He is the son of Troels Holch Povlsen and Merete Bech Povlsen, who founded Bestseller in Ringkøbing, Denmark in 1975.
Career
He inherited his parents's business, Bestseller, when he was twenty-eight years old. He eventually became its only owner. He serves as its Chief Executive Officer.
In 2013, Povlsen bought a 10% stake in the German internet clothes retailer Zalando, becoming the third largest shareholder. Bestseller already has a 27% stake in ASOS.com, the largest UK internet-only fashion retailer.
According to Forbes, Povlsen has a net worth of $5.8 billion, as of June 2015.
Landowner
In 2012, The Daily Telegraph reported that Povlsen owns about 120,000 acres (49,000 ha) in Scotland, having bought two further large estates, the 24,000-acre Ben Loyal, and 18,000-acre Kinloch, both in Sutherland. These are in addition to a 47,000-acre estate he bought in Inverness-shire in 2006 and a 30,000-acre estate near Fort William that he bought in 2008.