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Jysk founder Lars Larsen passed away

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Jysk founder Lars Larsen passed away
August 21
09:00 2019

The world has lost another legendary businessman. Lars Larsen, founder of household goods chain Jysk, has passed away. He died at home in Silkeborg on August 19 in his family environment.

Being over the age of 71, Larsen resigned as head of the company two months ago. This happened when he knew his diagnosis of liver cancer.

The Jysk chain, which is often called the Danish Ikea, was opened in 1979. It all started with a small store. Nowadays, the corporation has more than 2700 stores operating in 50 countries. The company employs about 23 thousand people. In Germany and Austria, the network operates under the name Dänisches Bettenlager.

When the company celebrated its 30th anniversary, Mr. Larsen published a book entitled “30 years with Jysk”. It was sent to all households in the country and became the number 1 publication in Denmark.

In addition to Jysk, the businessman also owned bars and hotels. Forbes has estimates that the fortune of the Danish businessman is approximately $ 4.4 billion.

 

The material was prepared with the participation of Katya Wilson,
a leading analyst of the brokerage company UFT Group

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