Bjorgolfur Gudmundsson was once Iceland’s richest man. He became Iceland’s second billionaire after his own son. He was at one time the majority owner and chairman of the now nationalized Icelandic bank Landsbankinn, the second largest company in Iceland.

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Bjorgolfur Gudmundsson, billionaire businessman,father of Thor Bjorgolfsson (above) Bjorgolfur Thor Bjorgolfsson, billionaire businessman; Hreidar Mar Sigurdsson; Jon Asgeir Johannesson - billionaire and founder of the Bonus supermarket and the Baugur Group; Magnus Thorsteinsson; History of Iceland

Versailles Mansion – David Siegel Builds the Biggest House in America David Siegel and his wife Victoria gained notoriety when they began construction on what was arguably the largest home in America. Billionaire brewer Bjorgolfur Gudmundsson was once Iceland's second-richest man. He even owned his own soccer team. In 2009, however, he filed for bankruptcy protection claiming $759 million in debt, just another victim of the Great Recession-induced credit crunch that crippled Iceland's economy.

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Björgólfur Gudmundsson was in 2008 the chairman and primary owner of the second largest bank in Iceland. Bjorgolfur Gudmundsson: Iceland’s #2 Richest – From Billionaire to Negative $1.4 Billion. Iceland’s second richest man, a brewer by trade, went from billions to nothing. He invested in Icelang’s banking system, and lost, according to FNResearch.com’s “11 Billionaires Went Broke The Icelandic BjOrgolfur Gudmundsson invested his money from his time as a football player in the beverage business. That made him a billionaire with net worth of $ 3.5 billion, with whom he bought shares in the English football club West Ham United and the Icelandic bank Landsbanki, among others. Bjorgolfur Gudmundsson, billionaire businessman,father of Thor Bjorgolfsson (above) Bjorgolfur Thor Bjorgolfsson, billionaire businessman; Hreidar Mar Sigurdsson; Jon Asgeir Johannesson - billionaire and founder of the Bonus supermarket and the Baugur Group; Magnus Thorsteinsson; History of Iceland 2009-03-10 · Björgólfur Gudmundsson. West Ham United F.C. Price tag: $200 million.

16 Jan 2019 Highs to lows. It's one of the most elite clubs in the world but those who become billionaires aren't immune to losing it all again. These former one 

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It is the largest bankruptcy filing in Icelandic history. 2020-04-11 “When we got a billionaire the entire Icelandic banking system collapsed,” Brand said. “We don’t have much luck with billionaires.” According to mbl.is , Gudmundsson, who declared bankruptcy in 2009, came into ownership of West Ham in 2006 but his share was taken over by a company owned by the Icelandic investment company Straumur-Burdarás the same year. Billionaires Who Lost Their Entire Fortunes. Grunge.com. March 29, 2020 · Billionaires Who Lost Their Entire Fortunes. Related Videos.
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He became Iceland's second billionaire, after his own son, and had business interests in shipping, publishing, food, communications, and property. He financially supported a symphony, rock stars, and students. A promising soccer player in his youth, he also bought West Ham United FC in 2006.
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In December of that same year, Forbes revised Gudmundsson net worth from $1.2 billion to $0 when the billionaire declared bankruptcy. His son, Björgólfur Thor, dropped down the Forbes list, and

At the peak of his career, Gudmundsson was known as the second billionaire businessman in Iceland with a net worth of over $1.1 billion. How He Made It: Gudmundsson was a former football player that made a good deal of money in the beverage business. Most of the money he made was as chairperson and owner of both the West Ham United Football Club and the Icelandic bank Landsbanki. He was the second person in Iceland's history to hit billionaire status. Björgólfur Gudmundsson Björgólfur Gudmundsson was in 2008 the chairman and primary owner of the second largest bank in Iceland. But that year’s financial crisis took its toll on banking systems The Icelandic BjOrgolfur Gudmundsson invested his money from his time as a football player in the beverage business.

2 Jan 2009 Others among these 10 include Russian billionaire Oleg Deripaska, Iceland's Bjorgflur Gudmundsson, Spain's real estate player Luis Portillo, 

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Oro för Gudmundsson efter smällen i European League: ”Trillade på en mittsexa”. Atli Gudmundsson är en av Islands mest välkända hästtränare och instruktörer och nu finns äntligen hans The billionaires club the unstoppable rise of f . Olafur Gudmundsson · Magnús Ólafsson · Stefán Ingi Ólafsson.