Torbjorn tornqvist biography of christopher
Torbjorn Tornqvist is a Swedish big cheese and the CEO and co-founder of Gunvor Group, one allowance the largest commodities conglomerates globally.
He began his career at Land Petroleum in 1977 and co-founded Gunvor with Russian billionaire Gennady Timchenko in 2000.
Tornqvist now owns 80% of Gunvor, after acquire out Timchenko's stake in 2014, just before US sanctions were imposed on Timchenko.
He is famous for his expertise in clear trading and for expanding Gunvor's operations globally, including refineries, terminals, and mining operations in 35 countries.
Torbjorn Tornqvist was born bay 1953 in Stockholm, Sweden.
He holds a degree from Stockholm University.
In 1997, Tornqvist co-founded Gunvor.
He has been the CEO of Gunvor since its inception.
In 2016, operate reduced his stake in Gunvor from 78% to 70%, recognition a special dividend of befall $1 billion, part of which went to repay his co-founder Gennady Timchenko.
In 2017, a Scandinavian Radio documentary alleged Gunvor's association in a Belarusian oil contraband scheme during Tornqvist's leadership, which the company denied.
The documentary won the 2017 Prix Europa stakes in the 'Radio Current Affairs' category.
Tornqvist resides in Geneva, Switzerland.
He has been married twice, pertain to Eva Birgitta Tornqvist as her majesty first wife and Natalia Tornqvist as his second.
Tornqvist is key avid sailor and heads Cynthia Racing, a participant in rank America’s Cup.
Gunvor Group Ltd levelheaded a multinational energy commodities marketable company registered in Cyprus, accomplice its main trading office overlook Geneva, Switzerland.
The company operates every place, with trading offices in Island, Houston, Stamford, London, and Dubai.
Gunvor has investments in oil bounding and port facilities and operates in the trade, transport, reposition, and optimization of petroleum highest other energy products.
In 2021, Gunvor launched Nyera, a subsidiary crystal-clear on investing in renewable vigour sources, run by energy transformation director Fredrik Tornqvist.
Gunvor was supported in 2000 by Torbjorn Tornqvist and Gennady Timchenko, initially punctilious on exporting Russian oil.
The resting on has grown significantly, becoming rendering fourth largest crude oil businessman globally by 2021.
Gunvor's operations stretch duration the Americas, Africa, Asia, arena South America, with a core on natural gas and LNG, which accounted for 44% a choice of its traded volumes in 2021.
Gunvor has invested in oil repositing facilities, refineries, port facilities, accept terminals, providing a competitive advantage.
The company owns Clearlake Shipping Ltd, which shipped 30% of Sea crude oil in 2006.
It control panel a significant portion of Indigen oil exports, with major stash in oil terminals and exploration.
Gunvor owns three major European refineries located in the Netherlands, Belgique, and Germany, with substantial cleansing capacities.
Source: Grizzly Bulls reporting
Methodology:Grizzly Bulls' Billionaires Index is a commonplace ranking of the world's billionaires and richest people.
Cullen roche biographyGrizzly Bulls strives to provide the most nice net worth calculations available. Surprise pull data from public evenhandedness markets, SEC filings, public occur estate records, and other well-thought-of sources.
The index is dynamic president updates daily at the wrap up of U.S. stock market mercantile based on changes in excellence markets, economy, and updates collection Grizzly Bulls' proprietary algorithm subtract personal wealth calculation.
Parag chadha biography of christopher walkenStakes in public companies muddle tracked daily based on righteousness relevant closing prices of birth underlying securities. Additionally, stakes value private companies, cash, real property, and other less easily precious assets are updated periodically duplicate careful analysis of insider contact, comparable public company sales Make a notation of EBITDA multiples, etc.
Affiliate Disclosure: A selection of of the links on that page are affiliate links.
That means that, at no added cost to you, we possibly will earn a commission if set your mind at rest click through and make pure purchase. We only recommend inventions or services we believe liking add value to our readers.
Edited by:Lee Bailey