Background
He was the son of shipowner and banker Christopher Blom Paus and Erasmine Ernst (from Denmark).
He was the son of shipowner and banker Christopher Blom Paus and Erasmine Ernst (from Denmark).
He attended Skien"s Latin school and studied in Lübeck.
He founded the iron and steel wholesale company Ole Paus in 1872 and the factory A/South Den norske Hesteskosømfabrik in 1883. He was chairman of the Norwegian Iron Industry Association from 1910 to 1918. He lived for several years in Germany and the United Kingdom, until he settled in Bygdøy, Aker.
They had several children
Their daughter Martha Marie Paus (born 1876) was married to Otto von Munthe af Morgenstierne.
He was the father of
Lawyer and businessman Per Christian Cornelius Paus (1910-1986), who married Hedevig Wedel-Jarlsberg (born 1913), a daughter of Lord Chamberlain, Count Peder Anker Wedel-Jarlsberg. Per and Hedevig were the parents of Cornelia Paus, businessman Christopher Paus and businessmann Peder Nicolas Paus.
Christopher Paus married Cecilie Wilhelmsen, and was the father of fashion designer Pontine Paus and Olympia Paus. Else Birgitte Paus, who married Danish lawyer and papal chamberlain Gunnar Garth-Grüner (born 1903 at Lille Svenstrup), a son of land owner and Hofjægermester Gustav G. G. Garth-Grüner
Their son Thorleif Paus (1881–1976) was the representative of Norsk Hydro in Austria-Hungary and the Norwegian Consul in Vienna, later a factory owner in Ålesund.
Their daughter Else Margrethe Paus (born 1885) married businessman and distant relative Nicolay Nissen Paus (a co-owner of the Paus & Paus industrial company), and they were the parents of Lucie Paus and Fanny Paus, who married land owner Axel Løvenskiold and Ambassador Henrik Andreas Broch, respectively.
Their daughter Fanny Paus (1888-1971) married businessmann Trygve Andvord (1888-1958), a son of Richard Andvord.
He was a member of the Board of Directors of Den norske Creditbank, one of Norway"s leading commercial banks, for several years. He was also elected as a member of the Christiania city council, was a board member of Christiania Handelsstands Forening and chairman of the Supervisory Board of the leading conservative newspaper Morgenbladet.