Sofie Kirk Kristiansen Net Worth, Age, Family & Biography $6.70B Real Time Net Worth #427 in the world today

Avan Parvadiya — Sat, 10 Jun 2023 06:48:55 +0000

About Sofie Kirk Kristiansen

The Lego Group is owned by Danish fourth-generation owner Sofie Kirk Kristiansen. They split a 75% stake in the company with her father, Kjeld, sister Agnete, and brother Thomas. Nearly 20% of Lego, Europe’s largest toymaker, is under Kristiansen’s control. In 2022, the business in Billund, Denmark, made more than 64.6 billion Danish kroner. She holds her stake by means of the family investment vehicle Kirkbi, which also owns a portion of the theme park operator Merlin Entertainments Group.

Sofie Kirk Kristiansen Career

Ole Kirk Kristiansen, who founded the toy manufacturer Lego in 1932, is the granddaughter of Sofie Kirk Kiaer Kristiansen. 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.

Anders Kirk Johansen (right) and Anja Buchwald in their 2011 marriage. They divorced in 2015.

Sofie Kirk Kristiansen Facts

Kjeld Kristiansen served as Lego’s first representative director up until April 2016, when he announced that Thomas, Sofie’s brother, would take over in order to provide a “smooth generational handover.” Also, Thomas succeeded his father as chairman of The Lego Foundation, which controls 25% of the toymaker.

According to Kirkbi’s annual reports, Kristiansen 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.