Johan Johannson’s net worth, biography, fact, career, awards and life story

Net Worth: $2.7 Billion
Date of Birth: 1967
Gender: Male

Johan Johannson Net Worth: Johan Johannson is a Norwegian businessman who has a net worth of $2.7 billion. Johan Johannson is the heir to a family company that was founded in 1866. Johannson is known to be exceedingly media-shy and leads a quiet and reportedly frugal life with his three young children. NorgesGruppen is a storied food retailer and wholesaler in Norway with a 40% market share. NorgesGruppen operates more than 1,750 grocery stores and a chain of 500 convenience chains, making it convenient for Norwegians to pick up Fiskemannen (its private-label fish and shellfish), Ferskt og ferdig (ready-to-eat meals) and Go Eco, its green and organic products. The son of Knut Hartvig Johannson, he was initially the heir of the wholesaler company Joh, established in 1866. Today, In 2008, Johan was considered to be the third wealthiest person in Norway. ASKO, the wholesale branch of NorgesGruppen, is responsible for the total flow of goods from manufacturer to the market segments in grocery retail, industrial household and convenient stores and consists of several regional companies, supplying groceries to NorgesGruppen’s stores, in addition to a smaller number of stores outside of NorgesGruppen. ASKO also supplies groceries to Horeca (hotels, restaurants and caterer) customers in Norway. ASKO distributes a portfolio of 18.000 products and serves 12.000 clients from 13 warehouses, covering all parts of Norway.

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Andrew Mason’s net worth, biography, fact, career, awards and life story

Andrew Mason is an American businessman who has a net worth of $230 million. Andrew Mason acquired that net worth as a co-founder of daily-deal coupon company Groupon. Mason was born in Mt. Lebanon, Pennsylvania and attended Northwestern University, receiving a Bachelor’s degree in music. Prior to becoming a public company, Groupon raised an estimated $950 million from venture capital firms. Out of that $950 million, $810 was paid out to early investors and high level executives. At the time, Groupon’s co-founder and CEO Andrew Mason withdrew $30 million from the investment round. Angel investor Eric Lefkofsky took out $320 million. around this time Mason and Lefkofsky notoriously rejected a $6 billion buyout offer from Google. While many outside investors were skeptical of this move, the company’s Venture Capitalists set their sights on the anticipated November 2011 IPO. At the time of the IPO, Groupon shares debuted at $26 and Mason and Lefkofsky became an instant billionaires. Andrew Mason’s net worth soon topped $1.4 billion when the share price peaked at $31.1. Eric Lefkofsky’s net worth peaked at $3.4 billion. Unfortunately, in the 1.5 years that Groupon has been a public company have been a disaster. The company has experienced several accounting irregularities and a significant drop in revenue. Groupon has lost around 80% of it’s value since going public. The value of Andrew Mason’s 45,934,504 shares of GRPN have plummeted from an all time high of $1.2 billion to $230 million today. That’s a $1 billion drop in net worth! On February 27th, 2013, Andrew Mason was fired from Groupon.
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