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[Nettavisen]: Millionaire Trond Mohn is popularly known as "Frank Shorter". This is a reference to Framo, the clothing brand of the same name and Mohns will take risks in the financial markets.
But if you risk, you can continue in one click. It shows the annual report of the investment company Mohns Wimoh.
It shows that the company has lost $ 448 million on currency trading in the past year.
For Nettavisen, Mohn points out that the wallpaper is only on paper at the moment.
– Now the accounting rules do not differ between unrealized and realized losses, so I am very relaxed. Until now this year, we have reduced losses last year and we have good incomes, says Mohn to Nettavisen
Won
However, this is not the first time Mohn was in the foreign exchange market
Mohn lost 528 million Norwegian kroner for the currency, while recovering with a gain of 0.9 million Norwegian kroner in 2016.
This means that Mohn has lost $ 975 million on currency speculation in three years.
that the loss may in part be explained by the fact that the crown traditionally weakens against other currencies in the weeks to the new year.
– The Norwegian krone has deteriorated somewhat around Christmas, as has been the case for most years. When the accounts are to be completed on December 31, it is characterized by him, "says Mohn
Falling crown
An overview of the development of the crown in recent years shows that Mohn is right. 2015 in 2017, the krona deteriorated sharply in December, before strengthening again, while the krona experienced a downward trend despite seasonal variations since 2013. [19659014] When DN contacted Mohn about the exchange loss in 2015, he showed that he was previously earning a lot of money on currency speculation.for 2001-2014, I can only say that it is allowed to have a bad year, "wrote Mohn in a text to DN
Third Richest – and Ap Follower
Mohn is one of the richest men and was number three to fortune in 2016 with a fortune of 9.5 billion.
He is known as a generous man who shares money for charitable purposes and the Brann football club. He is also a member of the Labor Party and gave big money to the party. Last year, he paid $ 2.5 million to support the party in the election campaign.
– This is because I am a member of the Labor Party and they need support. It will be an exciting election campaign and I have great confidence in Jonas Gahr Støre, said Trond Mohn at NTB
In the past, he also gave 24 million to the left Tankesmien agenda [19659020] – I have given more money than they do Most of them I am proud of, says Mohn to Nettavisen.
Last year, he also donated two billion to his two daughters Christine Mohn Furre (46) and Louise Mohn Larssen (43).
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