![Fred Olsen](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Fred Olsen
Director/Board Member at
First Olsen (Holdings) Ltd.
Net worth: 1 M $ as of 31/05/2026
Profile
Thomas Fredrik Olsen was the founder of Norwegian Oil Co. AS, founded in 1965, where the title held was Chairman in 1983.
Dr. Olsen was the founder of Saga Petroleum AS, founded in 1972, where the title held was Director in 1983.
Current jobs include Director at Heriot-Watt University, Director at First Olsen (Holdings) Ltd. since 2007, and General Manager at Invento AS since 2013.
Former jobs include Chairman at Ganger Rolf ASA, Chairman at Timex Group USA, Inc. from 1980 to 2002, Chairman at Widerøe's Flyveselskap AS in 1983, Chairman at Aker ASA from 1957 to 1975 and from 1977 to 1981, Chairman at Harland & Wolff (Belfast) Ltd. in 2001, Chairman at Bonheur ASA from 1955 to 2026, Director at Solør Bioenergi Holding AS, Director at Fred.
Olsen Ltd., and Member-Supervisory Board at BE Bio Energy Group AG.
Education includes a doctorate degree from Heriot-Watt University.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
BONHEUR ASA 0.1% | 31/12/2024 | 40,586 ( 0.1% ) | 1 M $ | 31/05/2026 |
Fred Olsen active positions
| Companies | Position | Start |
|---|---|---|
Invento AS
 Invento AS Real Estate DevelopmentFinance Provides real estate services | Corporate Officer/Principal | 06/08/2013 |
Heriot-Watt University
 Heriot-Watt University Other Consumer ServicesConsumer Services Functions as a College/University | Director/Board Member | - |
First Olsen (Holdings) Ltd.
 First Olsen (Holdings) Ltd. Hotels/Resorts/Cruise linesConsumer Services Operates as a holding company with interest in operating cruise ships | Director/Board Member | 03/12/2007 |
Former positions of Fred Olsen
| Companies | Position | End |
|---|---|---|
| BONHEUR ASA | Chairman | 27/05/2026 |
Timex Group USA, Inc.
 Timex Group USA, Inc. Other Consumer SpecialtiesConsumer Durables Manufactures and distributes watches | Chairman | 01/01/2002 |
Harland & Wolff (Belfast) Ltd.
 Harland & Wolff (Belfast) Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Provides shipbuilding, heavy engineering and ship repair services | Chairman | 01/01/2001 |
Saga Petroleum AS
 Saga Petroleum AS Oil & Gas ProductionEnergy Minerals Explore oil and gas | Founder | 01/01/1983 |
Widerøe's Flyveselskap AS
 Widerøe's Flyveselskap AS AirlinesTransportation Operates airlines | Chairman | 01/01/1983 |
Training of Fred Olsen
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
29
1st degree connections
14
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 14 |
|---|---|
Bonheur ASA
 Bonheur ASA Air Freight/CouriersTransportation Provides transportation, installation and maintenance services to offshore wind turbines | Transportation |
Invento AS
Invento AS Real Estate DevelopmentFinance Provides real estate services | Finance |
Ganger Rolf ASA
 Ganger Rolf ASA Marine ShippingTransportation Provides shipping services | Transportation |
Timex Group USA, Inc.
Timex Group USA, Inc. Other Consumer SpecialtiesConsumer Durables Manufactures and distributes watches | Consumer Durables |
Widerøe's Flyveselskap AS
Widerøe's Flyveselskap AS AirlinesTransportation Operates airlines | Transportation |
Aker ASA
 Aker ASA Financial ConglomeratesFinance Operates as an industrial investment company | Finance |
Harland & Wolff (Belfast) Ltd.
Harland & Wolff (Belfast) Ltd. Trucks/Construction/Farm MachineryProducer Manufacturing Provides shipbuilding, heavy engineering and ship repair services | Producer Manufacturing |
Heriot-Watt University
Heriot-Watt University Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Norwegian Oil Co. AS | |
Saga Petroleum AS
Saga Petroleum AS Oil & Gas ProductionEnergy Minerals Explore oil and gas | Energy Minerals |
Solør Bioenergi Holding AS
 Solør Bioenergi Holding AS Electric UtilitiesUtilities Produces, distributes and sells wood-based bioenergy | Utilities |
BE Bio Energy Group AG
 BE Bio Energy Group AG Electric UtilitiesUtilities Owns and manages bioenergy assets | Utilities |
Fred. Olsen Ltd.
 Fred. Olsen Ltd. Alternative Power GenerationUtilities Operates, develops & installs wind farms and shipping services | Utilities |
First Olsen (Holdings) Ltd.
First Olsen (Holdings) Ltd. Hotels/Resorts/Cruise linesConsumer Services Operates as a holding company with interest in operating cruise ships | Consumer Services |
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- Fred Olsen
