Billionaire Profile

Global Rank

#1510

Image: The Orkla Group/Guri Dahl /Guri Dahl | CC BY 2.0 | via Wikimedia Commons

Stein Erik Hagen

CEO, Consumer goods

NORWAY

Real-Time Net Worth

$2.748B

Estimated based on Consumer goods stock value as of March 6, 2026

-0.03% (24h)

Age

Source

Consumer goods

Industry

Food & Beverage

Citizenship

NORWAY

Biography

Stein Erik Hagen is a Norwegian businessman with a current net worth of $5.3 billion. His wealth stems from his investments in consumer goods and other ventures. Hagen, born on July 22, 1956, is the chairman of Orkla ASA. He began his career in the retail sector, co-founding the RIMI discount store chain. Hagen's career highlights include selling his stake in RIMI and investing in Orkla, where he later became Chairman. He is known for his significant shareholdings in companies like Steen & Strøm, Jernia, and Komplett through his family company Canica. Hagen is known for having a candor about his bisexuality.

Fact Checked

Verified by Editorial Team

Live Data

Updated 3/6/2026

Wealth Over Time

Portfolio Holdings

In-Depth Profile

Early Life

Stein Erik Hagen was born on July 22, 1956, in Oslo, Norway. He received his education at Kjøpmannsinsituttet, now part of BI Norwegian Business School. Hagen's entrepreneurial journey began in the 1970s.

Rise to Success

Hagen co-founded the RIMI discount store chain with his father. He retained ownership until the 2000s, when he sold it to Swedish companies ICA and Ahold. He then invested in Orkla, where he is now chairman and holds a significant shareholding.

Key Business Strategies

A key business strategy involved the sale of his stake in RIMI and the subsequent investment of the proceeds into various Scandinavian enterprises. Hagen is known for holding major stakes in Steen & Strøm, Jernia and Komplett through his family company, Canica.

Philanthropy

Stein Erik Hagen is involved in philanthropy. He has donated money to various political parties. He is also involved in the board of the Byrd Hoffman Watermill Foundation in New York, the Board of the Prostate Cancer Foundation, USA and a member of the Spine Leadership Council at the Hospital for Special Surgery, New York.

Career Milestones

1970s

Co-founded RIMI

Co-founded the RIMI discount store chain with his father.

2000s

Sold RIMI

Sold RIMI to Swedish companies ICA and Ahold.

2006

Chairman of Orkla

Became Chairman of the Board of Orkla.

2015

Publicly Revealed Bisexuality

Came out as bisexual on the Norwegian-Swedish talk show Skavlan.

2014

Daughter Takes Over Canica AS

Appointed his daughter, Caroline Marie Hagen Kjos, to take over the reins of his family's investment company Canica AS. Stein Erik maintains a seat on the board.

Philanthropy & Social Impact

Political

Political Donations

$XB

Donated to various political parties, including the Liberal Party, Christian Democratic Party, Conservative Party, and Progress Party.

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