Agnete Kirk Thinggaard Net Worth, Age, Family & Biography $6.7 B Real Time Net Worth #425 in the world today

Avan Parvadiya — Sat, 10 Jun 2023 10:46:23 +0000

About Agnete Kirk Thinggaard

Danish dressage rider Agnete Kirk Thinggaard competed in the Olympics. Nearly 20% of Lego, the biggest toy producer in Europe, is owned by Thinggaard. The company in Billund, Denmark, generated more than 64.6 billion Danish kroner in 2022. She holds her interest through the family investment entity Kirkbi, which also holds a stake in the operator of theme parks, Merlin Entertainment Group.

Agnete Kirk Thinggaard Career

Agnete Kirk Thinggaard was born on 18 May 1983, the granddaughter of Ole Kirk Kristiansen, who established toymaker Lego in 1932. The company with its headquarters in Billund, Denmark, is the most valuable toy manufacturer in the world. It reported revenue of $5.3 billion in 2017 and produces more than 60 billion bricks annually. From 1979, Father Kjeld ran the business for 25 years and made it a global brand. In the 1990s, he expanded into Legoland theme parks and added operations in the UK, Germany, and the US.

In the mid-2000s, frustrating deals and rivalry from Hasbro and Uber Bloks saw Lego post its third yearly misfortune in five years. Before stepping down in 2004, Kristiansen began implementing a turnaround strategy, cutting 1,000 jobs and reducing product lines.

In 2005, the company sold Blackstone, a private equity firm, its 70% economic stake in its theme park business. Kirkbi took an underlying 15% stake in the recently framed Merlin Stimulations Gathering, which was expanded to 36% in 2010. In November 2013, the company went public on the London Stock Exchange. Kirkbi holds a 30% stake.

Agnete Kirk Thinggaard at the 2019 European Dressage Championships

Agnete Kirk Thinggaard Controversy

According to a press release issued in June 2019 announcing Kirkbi’s involvement in the privatisation of Merlin, the company also owns half of Merlin Entertainments Group. Nilfisk Holding and ISS are two of Kirkbi’s other holdings. According to Kirkbi’s annual reports, Thinggaard receives licensing fees from Lego and dividends from the company.

The worth of her money property and firmly held speculations depend on an examination of profits, insider exchanges, charges and magnanimous commitments. Her liabilities incorporate her portion of Kirkby’s obligation to Lego, as definite in the 2022 yearly report.