Norwegian shipping and oil magnates have lost billions NOK in 2020

Several Norwegian billionaires with major ownership stakes in the shipping and oil sectors have seen their fortunes shrink significantly this year, writes Finansavisen. This also applies to Norway's wealthiest person.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

BY SØREN PICO, SHIPPINGWATCH

Several Norwegian billionaires with large ownership stakes in shipping and offshore have lost large parts of their fortunes in 2020, reveals a ranking of Norway's 400 wealthiest people reported by Finansavisen on Thursday.

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