Troels Holch Povlsen
{{Short description|Danish businessman}}
{{Infobox person
| name = Troels Holch Povlsen
| image =
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| birth_name =
| birth_date = {{birth date and age|1949|9|9|df=y}}
| birth_place = Risskov, Aarhus, Denmark
| death_date =
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| nationality = Danish
| education =
| occupation = Founder, Bestseller
| spouse = Merete Bech Povlsen
| parents =
| children = 4, including Anders Holch Povlsen
| relatives =
| website =
}}
Troels Holch Povlsen (born 9 September 1949) is a Danish businessman, founder of the fashion chain Bestseller.
Early life
Troels Holch Povlsen was born on 9 September 1949 in Risskov, Aarhus.{{cite web|url=https://vafo.dk/artikel/120316|title=Den diskrete milliardær|author=|date=5 September 2009|website=vafo.dk|accessdate=24 April 2019}} His father was a regional head of social services (socialinspektør).{{cite news|last1=Kjær Andersen|first1=Brian|title=Bestseller-direktør runder 60 år|url=http://aoh.dk/artikel/bestseller-direkt%C3%B8r-runder-60-%C3%A5r|accessdate=28 January 2015|work=AOH|date=8 September 2009}}
Career
Povlsen and his wife Merete Bech Povlsen co-founded Bestseller in Ringkøbing, Denmark, in 1975.Luisa Kroll, [https://www.forbes.com/sites/luisakroll/2012/12/13/meet-denmarks-newest-youngest-fashion-billionaire/ Meet Denmark's Newest, Youngest Fashion Billionaire], Forbes, December 13, 2012 In 2002, he co-founded furniture store HAY with Mette and Rolf Hay.{{cite news |last1=Rachlin |first1=Natalia |title=A Day in the Life of Mette & Rolf Hay |url=https://www.wsj.com/articles/a-day-in-the-life-of-mette-rolf-hay-1466001470 |access-date=1 May 2022 |work=Wall Street Journal |date=15 June 2016}}
His son Anders Holch Povlsen inherited his parents' business, Bestseller, when he was 28 years old. He eventually became its CEO and sole owner. According to Forbes, Anders Holch Povlsen has a net worth of $4.6 billion, as of January 2015.{{cite web|title=Anders Holch Povlsen|url=https://www.forbes.com/profile/anders-holch-povlsen/|website=Forbes|accessdate=12 January 2015}}
The Povlsen family interests are managed by the company Nine United, which has its headquarters in Horsens, Denmark.{{cite web|title=Contact|url=http://www.nineunited.com/#CONTACT|website=Nineunited|accessdate=28 January 2015}}
Property
He owns Lindencrone Mansion, a large historic building in central Copenhagen, which was the British embassy from 1898 to 1980. In 1995, he bought Gyllingnæs Manor in Odder, south of Aarhus, a large estate established by an Englishman John Smith in 1801.{{cite web|title=Gyllingnæs manor|url=http://www.visitodder.com/ln-int/danmark/gyllingnaes-manor-gdk605289|website=Visitodder.com|accessdate=12 January 2015}}
In London, he owns 16 Queen Anne's Gate since 2006, as well as no. 34.{{cite web|title=Nine United Properties UK|url=http://www.nineunited.com/#company-3|website=NineUnited}} No. 16 is a Grade I listed house that was the former home of John Fisher, 1st Baron Fisher, and of William Smith where there are commemorative blue plaques in both names. The restoration of the house won a Georgian Group award.{{cite web|title=Large 18th century London town houses: 16 Queen Anne's Gate|url=http://visitinghousesandgardens.com/2013/02/13/large-grand-single-18th-century-dwelling-houses-in-central-london-16-queens-anne-gate/|website=Visitinghousesandgardens|accessdate=12 January 2015}}
Honours
In 2000, Povlsen was appointed a Knight of the Order of the Dannebrog.
Personal life
Povlsen and his wife Merete Bech Povlsen live in Denmark. They have two sons Anders and Niels, both of whom work for the family company.
References
{{Reflist}}
{{DEFAULTSORT:Povlsen, Troels Holch}}
Category:Danish businesspeople in fashion
Category:20th-century Danish businesspeople
Category:21st-century Danish businesspeople
Category:20th-century Danish landowners
Category:21st-century Danish landowners
Category:Knights of the Order of the Dannebrog
Category:Businesspeople from Aarhus
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