Icelandic billionaire rushed to Bulgarian hospital

Bjorgolfur Thor Bjorgolfsson, a well-known Icelandic businessman and Iceland’s first billionaire, was taken to hospital in Bulgaria last week complaining of an ear infection, reports the Bulgarian press agency 24 Hours Daily.

Bjorgolfsson, who was accompanied by bodyguards, arrived at the Military Medical Academy in Sofia last Friday where he was examined by doctors. After receiving a medication prescription for an ear condition known as ‘aerotit’ he was released.

The infection can occur as a result of pressure change such as those experienced during airplane flights or while mountain climbing. According to local press reports, the ear condition will prevent Bjorgolfsson from flying anytime soon.

Bjorgolfsson is currently estimated to be worth £2,000 million by the Sunday Times Sunday Times Rich List (2007) and $3.5 billion by Forbes Magazine (2007). He started his first business in Russia which he sold to Heineken for $400 million.

Once the owner of BTC, a fixed-line telecom business in Bulgaria, Bjorgolfsson is now the largest shareholder in Actavis, a generic pharmaceuticals company based in Iceland.

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