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May 3, 2017

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Billionaire intends to give away his fortune

A Norwegian billionaire yesterday announced he wants to contribute to society by giving away the “lion’s share” of his fortune, including funds for an oceanographic research vessel for the scientific community.

Kjell Inge Rokke, Norway’s 10th richest man, with an estimated fortune of 2.0 billion euros (US$2.1 billion) according to financial magazine Kapital, will pay an undisclosed sum for the 181-meter vessel to be launched in 2020.

“I want to give back to society the lion’s share of what I’ve earned,” said the 58-year-old businessman, who made billions in the fisheries and oil-and-gas sectors.

The research ship will carry 30 crew members and 60 scientists, and will be built in collaboration with the Worldwide Fund for Nature.

Among other things, it will be used to conduct research on plastics in the ocean. The world’s oceans are expected to contain more plastic waste than fish by 2050. The ship will help eradicate this problem by melting up to 5 tons a day.

Rokke controls several companies through his 66.7-percent stake in holding company Aker, including Aker BP, Aker Solutions, engineering group Kvaerner and biotech and fisheries group Aker Biomarine.




 

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