Thor Björgolfsson

Chairman, Novator Partners LLP

Thor Björgólfsson is a self-styled “adventure capitalist”, who became Iceland’s first billionaire in 2005. Thor began investing in frontier markets in Russia in 1991, founding a bottling company that grew into the Bravo brewing group, subsequently sold to Heineken in 2002. Following that transaction Thor founded Novator Partners in London in 2004, diversifying into telecoms and pharmaceuticals, building a portfolio of business investments.

Today, through his firm Novator, Thor continues to be an active investor in the emerging economies of Europe, South America and India as well as in his native country, Iceland. He also personally invests in cutting-edge sustainability initiatives including Princeville Capital, a fund for growth-stage tech companies focused on positively impacting climate change as well as David de Rothschild’s sustainable brand, The Lost Explorer, which focuses on protecting the heritage and biodiversity of Mexico.

Since 2006, Thor has progressively directed his attention towards the mobile telecommunications sector and Gaming, and his extensive expertise across diverse markets is unparalleled. In 2015 Thor brought this extensive experience to the South American market where he maintains a shareholding in telecoms Mobile operator WOM in Chile and Colombia, with a combined customers of ca 13 million and over 6000 direct employees. WOM has already build the fastest 5G network in LATAM in Chile.

Thor was made a Young Global Leader at the WEF in Davos in the first cohort of that group in 2005 and today serves as a Board Member there, as well as founding the Endowment fund for YGL’s with other alumni
Thor has supported numerous philanthropic causes throughout the years, both in his home country, Iceland as well as in London. Furthermore, Thor has extended his efforts in alternative countries where he has assisted in various projects concerning environmental issues and numerous charitable causes. As well as this, Thor has supported his alma mater, New York University’s Stern School of Business, as well as the Young Global Leaders’ programs so as to assist students and upcoming entrepreneurs from developing nations unleash their potential.

Thor’s autobiography, “Billions to Bust—and Back: How I Made, Lost and Rebuilt a Fortune, And What I Learned on the Way” was published in 2014. A revised edition, "Billions to Bust – and Beyond", is scheduled to launch this year, with an added chapter on his investments and business in Latin America.

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