Torbjorn Tornqvist
$5.41B
as of 10/04/24
About Torbjorn Tornqvist
Torbjorn Tornqvist is the Swedish co-founder of Gunvor Group, one of the largest commodities conglomerates in the world.
The massive oil trader benefits from an increasingly diverse presence with refineries, pipelines, terminals and mining operations in 35 countries.
Tornqvist got his start at British Petroleum in 1977 and founded Gunvor with Russian billionaire, Gennady Timchenko, in 2000.
In 2014, one day before the US Treasury imposed sanctions against Timchenko over Russia's annextion of Crimea, Tornqvist bought out Timchenko.
T?rnqvist now owns 80% of Gunvor, with the rest now held by company employees.
Personal stats
Citizenship
SwedenSource of wealth
Oil tradingResidence
Geneva, SwitzerlandBirth date
11/08/53 (age 70)Education
Graduate, Stockholm UniversitySelf-made
self-madeTorbjorn Tornqvist’s fortune is worth
90K
troy ounces of gold
83K
median U.S. household
54K
median U.S. income
0.108%
U.S. credit card volume
0.022%
GDP of the United States
0.016%
United States debt
Net worth history
Annual ranking
Did you know?
In 2015, Tornqvist paid himself a $1 billion dividend, one of the biggest payments ever in the commodity-trading industry.
Net worth over time
Real-time ranking
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