Career
Bergesen, in 1976 he took over the leadership of the company Bergesen d.y. Ten years later Morten Bergesen and Petter Sundt took over ownership control and listed the company. They controlled the company until they sold it to the Sohmen-Pao family in 2003.
Sundt received NOK two billion (approximately 368 million United States dollar) for his shares in Bergesen d.y.
Sundt died of cancer in November 2007.