Anders Holch Povlsen is the CEO and sole owner of Danish fashion retailer Bestseller. Povlsen's parents started the company in 1975 and he was only 28 when his father, Troels Holch Povlsen, made him the sole owner of the company in 1990.
Bestseller is the parent company of 11 fashion labels that include Vero Moda, Only, and Jack & Jones.
Povlsen, who is the richest person in Denmark, also has "significant stakes" in online clothing retailer ASOS and payments company Klarna, according to Forbes.
In April 2019, three of Povlsen's four children were killed in the Easter Sunday bombings in Sri Lanka that left at least 290 people dead.