Former Danish musician went bankrupt - now he lives in Cambodia

the Years before the financial crisis was golden for the Danish Ole Vagner. The sale of his business made him a billionaire. Since it went totally wrong. Now

Former Danish musician went bankrupt - now he lives in Cambodia

the Years before the financial crisis was golden for the Danish Ole Vagner. The sale of his business made him a billionaire.

Since it went totally wrong. Now live the former director in Cambodia.

The typing of several local media, in connection with Ole Vagners 70 birthday 20. december.

Ole Vagner began a career in the financial world in the 1980s, where he among other things was over Himmerlandsbanken and Alm. Brand Bank.

In 1989, he founded the InvestorPartner, which later became the company Cheops.

His focus was on commercial real estate. And it was a good business.

As the Cheops in 1998 came on the stock Exchange, increased the shares in the company tremendously. And continuously started Ole Vagner to sell out of its share of selling the work.

Shortly before the financial crisis broke out, he sold the last bit to investors from the Island.

he scored the 1.3 billion dollars on. When the financial crisis came, fell to the value of the Cheops drastically. Which was equal to a big financial bet for the new owners.

After the Ole Vagner had sold its last shares of Cheops, he was of the Berlingske assessed to have a personal fortune of 2.6 billion dollars.

But the good times should not be at.

A series of failed investments meant that he had to try to restructure its debt.

And so was Ole Vagner in 2016, accused of having committed a gældsfinte, as he tried to make a reconstruction of a debt of well over half a billion.

In the context of Ole Vagner declared bankrupt in 2017, though his good friend Radiometer-billionaire Johan Schrøder was in goal for the reconstruction.

even before it was Ole Vagner, however, moved out of Denmark.

In 2013 he established a lottofirma by the name of Lucky Star Dragon in the east asian country of Cambodia, where he still lives.

despite the fact that Ole Vagner has lost more money than most will see in their lives, so he was despite in a good mood, when the medium Finance caught him on a telephone from Cambodia back in 2017.

"There is no need to take the mood from me. I have a guitar with out here, as I play a little on once in a while. Although the singing and playing is not a part of the culture here."

Recently, it seems that the Ole Vagner again have thrown himself over his investeringskærlighed from the previous year.

On his Facebook profile, he described earlier in the year, he is now working in a company by the name of the Khmer Country Investment.

Updated Date: 21 December 2019, 02:00

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