Petter Stordalen’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $1.4 billion | Forbes World's Billionaires List 2019 |
| 2020 | $1.3 billion | Forbes World's Billionaires List 2020 |
| 2021 | $1.3 billion | Forbes World's Billionaires List 2021 |
| 2022 | $1.2 billion | Forbes World's Billionaires List 2022 |
| 2023 | $1 billion | Forbes World's Billionaires List 2023 |
| 2024 | $1.3 billion | Forbes World's Billionaires List 2024 |
| 2025 | $1.6 billion | Forbes World's Billionaires List 2025 |
| 2026 | $2.2 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $2.3 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Petter Stordalen’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
How do you compare to Petter Stordalen? New
Type your yearly income and see how you stack up. It runs in your browser: nothing you type is saved or sent anywhere.
Petter Stordalen has an estimated net worth of $2.3 billion, according to Forbes Real-Time Billionaires, Petter Stordalen profile (figures as of October 20, 2026). That is up from $1.4 billion in 2019.
Petter Stordalen is a Norwegian businessman best known for building a major hotel business in Scandinavia. Forbes says his wealth comes from hotels, and it places him in the service industry. He got an early start working in his father's grocery store at age 10. Later, he helped found one of Norway's largest commercial real estate firms. That mix of property and hospitality became the base of his business career.
His big move in hotels came in 1996, when he teamed up with Christen Sveaas and bought 68 percent of Choice Hotels for kr 100 million. He later bought Home and InterNor, then took Choice Hotels Scandinavia public. The company expanded fast across the region. He also built a wider group now known as Strawberry, with holdings in hotels, shopping centers, real estate, finance, and art.
How Petter Stordalen built his fortune
A large share of Stordalen's money comes from hotels. Forbes says he and his children own Scandinavia's largest hotel chain, Nordic Choice Hotels, with 180 high-end hotels. In 2018, he signed over almost all ownership to his children while keeping control. He has said he plans to stay in charge until his death. That setup let him pass on ownership without giving up the business reins.
Real estate also played a big role in his rise. Before hotels took center stage, he helped found one of Norway's largest commercial real estate firms. In 1996, after leaving Steen & Strøm Invest, he moved into hospitality with the Choice Hotels deal. He later added Home, InterNor, and more hotel properties, and he also built Strawberry into a broader group with interests in shopping centers, finance, art, and other property-related businesses.
Forbes net worth over time
Forbes has tracked several moves in Stordalen's fortune. It estimated $1.4 billion in 2019, then $1.3 billion in 2020 and 2021. The estimate slipped to $1.2 billion in 2022 and $1 billion in 2023. After that, it turned up again to $1.3 billion in 2024, $1.6 billion in 2025, and $2.2 billion in 2026. Those swings match the fact that his wealth is tied closely to his hotel business.
The latest Forbes reading is higher still. Forbes' real-time billionaires tracker put him at $2.3 billion in October 2026, and the current figure listed for October 20, 2026 is also $2.3 billion. He is marked by Forbes as self-made. That fits the path of someone who started young in retail, moved into commercial property, and then spent years building a hotel group across several countries.
Career and money timeline
- 1996
He and Christen Sveaas bought 68 percent of Choice Hotels for kr 100 million.
- 1997
Choice Hotels had grown to 77 hotels when Sveaas sold his 37 percent share.
- 2000
He formed Home Invest from properties previously owned by Choice Hotels Scandinavia.
- 2005
Home Invest bought the remaining shares in Choice Hotels Scandinavia and delisted the company.
- 2018
He transferred almost all ownership of Nordic Choice Hotels to his children.
- 2019
Nordic Choice Hotels acquired Kämp Collection Hotels.
- 2022
He opened the 231-room Somerro Hotel in Oslo.
Petter Stordalen net worth FAQ
What is Petter Stordalen's net worth?
Petter Stordalen's net worth is an estimated $2.3 billion, according to Forbes Real-Time Billionaires, Petter Stordalen profile (October 20, 2026). It is an estimate, not an official figure.
How did Petter Stordalen get so rich?
The main sources named in the reporting we cite are: Hotels.
Is Petter Stordalen a billionaire?
Yes. Forbes Real-Time Billionaires estimates Petter Stordalen is worth $2.3 billion.
How has Petter Stordalen's net worth changed?
The earliest published estimate we track is $1.4 billion (2019, Forbes World's Billionaires List 2019). The latest is $2.3 billion (October 20, 2026).
What is Petter Stordalen best known for?
He is best known for building a large Scandinavian hotel business. Forbes says his wealth comes from hotels.
What is Petter Stordalen's net worth according to Forbes?
Forbes' real-time billionaires tracker listed him at $2.3 billion in October 2026. The current figure shown for October 20, 2026 is also $2.3 billion.
Sources
- Forbes Real-Time Billionaires, Petter Stordalen profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Petter Stordalen profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Petter Stordalen profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Petter Stordalen profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Petter Stordalen profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Petter Stordalen profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Petter Stordalen profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Petter Stordalen profile (April 2025)
- Forbes World's Billionaires List 2026, Petter Stordalen profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Petter Stordalen (accessed October 23, 2026). Used for career facts only, never for figures.
Photo: Kenneth.hultgren, CC BY-SA 4.0, via Wikimedia Commons.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.