Iceland debt kings’ assets revealed

Karl Wernersson, the former owner of Milestone – an Icelandic investment company, has around ISK 1 billion (USD 8.42 million) in excess of debts – which is more than any other of Iceland’s 20 biggest bank debtors.

Morgunbladid published this week an account of the assets of the nine of those 20 people who need to pay capital gains tax.

After Karl Wernersson, the next highest assets above debt belong to the couple Jon Asgeir Johannesson and Ingibjorg Palmadottir with roughly ISK 650 million (USD 5.47 million).

The assets above debt of Kristinn Bjornsson (who was an owner of Straumur Bank through his investment company, Gnupur) are ISK 267 million and Bjorgolfur Thor Bjorgolfsson has ISK 184 million over debt.

Six more of the banks’ 20 biggest debtors also had to pay capital gains tax. They are Agust and Lydur Gudmundsson of Exista; Jakup Jacobsen – connected with the Rumfatalagerinn discount stores; Samskip’s Olafur Olafsson, Thorsteinn Jonsson from Vifilfell and Sigurjon Arnason, former director of Landsbanki.

Comments are closed.