Torbjörn Törnqvist
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Torbjörn Törnqvist
Torbjörn Törnqvist (born 1953) is a Swedish billionaire, and the CEO and co-founder of Gunvor (company), Gunvor, "one of the largest commodities conglomerates in the world", with the Russian billionaire, Gennady Timchenko. Early life Törnqvist was born in 1953, in Stockholm, Sweden. He has a degree from Stockholm University. Career Törnqvist co-founded Gunvor in 1997, and he is its CEO. In 2016, he reduced his stake in Gunvor from 78% to 70%, and received a special dividend of about $1 billion, part of which went to repay his co-founder Gennady Timchenko, who sold his 44% to Törnqvist in March 2014, a day before Timchenko was sanctioned by the US for his "close ties to Vladimir Putin". Controversies In 2017, a Swedish Radio documentary presented evidence that Gunvor had been involved in a Belarusian oil smuggling scheme under Törnqvist's watch, featuring corruption at the highest levels in the Belarus government. This documentary, which includes an interview with Törnqv ...
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Stockholm
Stockholm () is the Capital city, capital and List of urban areas in Sweden by population, largest city of Sweden as well as the List of urban areas in the Nordic countries, largest urban area in Scandinavia. Approximately 980,000 people live in the Stockholm Municipality, municipality, with 1.6 million in the Stockholm urban area, urban area, and 2.4 million in the Metropolitan Stockholm, metropolitan area. The city stretches across fourteen islands where Mälaren, Lake Mälaren flows into the Baltic Sea. Outside the city to the east, and along the coast, is the island chain of the Stockholm archipelago. The area has been settled since the Stone Age, in the 6th millennium BC, and was founded as a city in 1252 by Swedish statesman Birger Jarl. It is also the county seat of Stockholm County. For several hundred years, Stockholm was the capital of Finland as well (), which then was a part of Sweden. The population of the municipality of Stockholm is expected to reach o ...
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Stockholm University
Stockholm University ( sv, Stockholms universitet) is a public research university in Stockholm, Sweden, founded as a college in 1878, with university status since 1960. With over 33,000 students at four different faculties: law, humanities, social sciences, and natural sciences, it is one of the largest universities in Scandinavia. The institution is regarded as one of the top 100 universities in the world by the Academic Ranking of World Universities (ARWU).http://www.ulinks.com/topuniversities.htm top 200 Stockholm University was granted university status in 1960, making it the fourth oldest Swedish university. As with other public universities in Sweden, Stockholm University's mission includes teaching and research anchored in society at large. History The initiative for the formation of Stockholm University was taken by the Stockholm City Council. The process was completed after a decision in December 1865 regarding the establishment of a fund and a committee to "establi ...
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Billionaire
A billionaire is a person with a net worth of at least one billion (1,000,000,000, i.e., a thousand million) units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. The American business magazine ''Forbes'' produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of 2018, there are over 2,200 U.S. dollar billionaires worldwide, with a combined wealth of over US$ 9.1 trillion, up from in 2017. According to a 2017 Oxfam report, the top eight richest billionaires own as much combined wealth as "half the human race". As of 2021, eight people have reached the status of USD hectobillionaires, meaning that each has had a net worth of at least $100 billion. Current U.S. dollar billionaires According to the ''UBS/PwC Billionaires Report ...
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Gunvor (company)
Gunvor Group Ltd is a Cypriot-domiciled multinational commodity trading company registered in Cyprus, with its main trading office in Geneva, Switzerland. Gunvor also has trading offices in Singapore, the Bahamas, and Dubai, with a network of representative offices around the globe. The company operates in the trade, transport, storage and optimization of petroleum and other energy products, as well as having investments in oil terminal and port facilities. Its operations consist of securing crude oil upstream and delivering it to market via pipelines and tankers. The company, which was founded in 2000, is the fourth largest crude oil trader in the world after Glencore, Vitol, and Trafigura. The company was co-founded and controlled by Gennady Timchenko together with Torbjörn Törnqvist (after whose mother the company is named ); however, due to United States sanctions, Timchenko sold his stake in the company to Törnqvist in March 2014. Gunvor's largest single suppli ...
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Gennady Timchenko
Gennady Nikolayevich Timchenko (russian: Геннадий Николаевич Тимченко, ''also spelled'' Guennadi Timtchenko; born 9 November 1952) is a Russian oligarch and billionaire businessman. He founded and owns the private investment firm Volga Group. Previously he was a co-owner of Gunvor Group. Timchenko has been close friends with Russian leader Vladimir Putin since the early 1990s. In 1991, Putin gave Timchenko an oil export license. Timchenko subsequently founded Gunvor, which would go on to export billions of dollars-worth of Russian oil. Timchenko's investment firm Volga Group is a major shareholder in the natural gas giant Novatek. The Pandora Papers leaks revealed that a Timchenko firm, which played a key role in the Novatek investment, obtained massive loans through anonymous offshore shell companies. Timchenko was sanctioned by the US over Russia's 2014 annexation of Crimea. He faced further sanctions just before the February 2022 invasion of Ukrai ...
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Artemis Racing
Artemis Racing is a professional sailing team founded in 2006 by businessman and sailor Torbjörn Törnqvist, named after Artemis, the ancient Greek goddess. Timeline * 2007: won the MedCup circuit, then called Breitling Medcup, and the TP52 World Championship. * 2008: entered the RC44 Championship, winning the fleet racing element in 2009 and the World title in 2011. * 2009-2010: competed in the Louis Vuitton Trophy regattas. Held in response to long delays from legal action surrounding the America's Cup, the four regattas were each staged in a different country, and teams raced in supplied IACC yachts. * 2011–2012 America’s Cup World Series: won the Match Racing title in both the Naples & Venice Regattas then won the Match Racing titles in the first two regattas of the three-part 2012-2013 season. * 2013: On May 9, the first of the two AC72 catamarans the team was testing capsized and turtled, resulting in the death of crewmember and British Olympic gold medalist sailor ...
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America’s Cup
The America's Cup, informally known as the Auld Mug, is a trophy awarded in the sport of sailing. It is the oldest international competition still operating in any sport. America's Cup match races are held between two sailing yachts: one from the yacht club that currently holds the trophy (known as the defender) and the other from the yacht club that is challenging for the cup (the challenger). Matches are held several years apart on dates agreed between the defender and the challenger. There is no fixed schedule, but the races have generally been held every three to four years. The most recent America's Cup match took place in March 2021. The cup was originally known as the 'R.Y.S. £100 Cup', awarded in 1851 by the British Royal Yacht Squadron for a race around the Isle of Wight in the United Kingdom. The winning yacht was a schooner called ''America'', owned by a syndicate of members from the New York Yacht Club (NYYC). In 1857, the syndicate permanently donated the trop ...
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Geneva
Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the List of cities in Switzerland, second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaking part of Switzerland. Situated in the south west of the country, where the Rhône exits Lake Geneva, it is the capital of the Canton of Geneva, Republic and Canton of Geneva. The city of Geneva () had a population 201,818 in 2019 (Jan. estimate) within its small municipal territory of , but the Canton of Geneva (the city and its closest Swiss suburbs and exurbs) had a population of 499,480 (Jan. 2019 estimate) over , and together with the suburbs and exurbs located in the canton of Vaud and in the French Departments of France, departments of Ain and Haute-Savoie the cross-border Geneva metropolitan area as officially defined by Eurostat, which extends over ,As of 2020, the Eurostat-defined Functional Urban Area of Geneva was made up of 9 ...
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1953 Births
Events January * January 6 – The Asian Socialist Conference opens in Rangoon, Burma. * January 12 – Estonian émigrés found a government-in-exile in Oslo. * January 14 ** Marshal Josip Broz Tito is chosen President of Yugoslavia. ** The CIA-sponsored Robertson Panel first meets to discuss the UFO phenomenon. * January 15 – Georg Dertinger, foreign minister of East Germany, is arrested for spying. * January 19 – 71.1% of all television sets in the United States are tuned into ''I Love Lucy'', to watch Lucy give birth to Little Ricky, which is more people than those who tune into Dwight Eisenhower's inauguration the next day. This record has yet to be broken. * January 20 – Dwight D. Eisenhower is sworn in as the 34th President of the United States. * January 24 ** Mau Mau Uprising: Rebels in Kenya kill the Ruck family (father, mother, and six-year-old son). ** Leader of East Germany Walter Ulbricht announces that agriculture will be col ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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Businesspeople From Stockholm
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accounti ...
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Swedish Expatriates In Switzerland
Swedish or ' may refer to: Anything from or related to Sweden, a country in Northern Europe. Or, specifically: * Swedish language, a North Germanic language spoken primarily in Sweden and Finland ** Swedish alphabet, the official alphabet used by the Swedish language * Swedish people or Swedes, persons with a Swedish ancestral or ethnic identity ** A national or citizen of Sweden, see demographics of Sweden ** Culture of Sweden * Swedish cuisine See also * * Swedish Church (other) * Swedish Institute (other) * Swedish invasion (other) * Swedish Open (other) Swedish Open is a tennis tournament. Swedish Open may also refer to: *Swedish Open (badminton) * Swedish Open (table tennis) *Swedish Open (squash) *Swedish Open (darts) The Swedish Open is a darts tournament established in 1969, held in Malm ... {{disambig Language and nationality disambiguation pages ...
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