How rich is Torbjorn Tornqvist?
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Torbjorn Tornqvist Net Worth 2017, Biography & Wiki
Torbjorn Tornqvist made his riches as cofounder of Gunvor Group, among the greatest commodities conglomerates global. The worldwide-disperse petroleum dealer can be said to possess created $93 billion in sales in the year 2012, and continues to benefits from its various holdings including refineries, pipelines, terminals and mining operations. Being present in 35 states up to now, Gunvor Group is regarded as the world’s fourth biggest commodities dealer after Vitol, Glencore and Trafigura. Torbjorn Tornqvist made his starts at British Petroleum in 1977, soon after his graduation from Stockholm University. Its primary business was export of Russian crude oil. In 2000, he already created Gunvor along with Russian billionaire, Gennady Timchenko. He obtained his associate’s 43% share in the business right before Timchenko was hit by sanctions in the U.S. Treasury.