Anders Holch Povlsen, 40, is the latest billionaire to make the Forbes worldwide ranks. He is the CEO and sole owner of a fashion company that has more the 12,000 employees. His company, Best Seller is in 46 markets in Canada, Europe, Asia, and the Middle East.
Though the company website says the business is family owned, a spokesperson confirmed that Anders, the eldest of their two sons, is the sole owner, with a 100% stake. He would not provide any more details or specifics, citing the family’s desire for privacy.