Newestmeet Denmark Billionaire young fashion

Danish Anders Povlsen Holch steering mode is the latest to join the ranks of the world's billionaire Forbes. At 40, he is also one of the youngest in the world.Holch Povlsen of Denmark took over his family's fashion retailer at the age of 28 years. He is now the CEO and sole owner of Best-selling player mode 3.2 billion (sales), which sells clothing and accessories for women, men, teenagers and children in 46 markets in Europe, the Middle East, Asia and Canada. The company sells products under 10 brands, including mamalicious, name and Vera Moda and employs 12,100, a quarter of them are in Denmark.

Parents Anders Povlsen Troels Bech and Merete Holch Povlsen opened its first store in 1975, the family in the small Danish town Ringkobing. The couple is still involved in the business - Merete Troels its President and on the board - but they have the property of other abandoned, perhaps in 2012. Although the company's website, said that the company is a family business, a spokesman confirmed that Anders, the elder of his two son, is the sole owner, with a 100%. He did not give further details or specifics, citing the wishes of the family privacy.Forbes figures the company is worth at least $ 1800000000 based on a multiple of revenue. Declined 48% in the last fiscal year of $ 210 million The family also has an interest, along with two Danish partners in China, Bestseller Fashion Group China, an independent company that designs its own collections to around 5,000 outlets in China.

Anders, who is married and the father of three children, was the attention lately undergo a series of land acquisitions in the Scottish Highlands. A British newspaper The Telegraph, the feeling that now holds 120,000 hectares, making it one of the largest landowners in the Highlands "behind the Prince of Wales, the British billionaire Gerald Cavendish Grosvenor, better known as the Duke of famous Westminster and others.