Career
Group. He is the fourth generation running the Fred. In addition to his jobs within the Fred. group he was for a period also chairman of the Aker Group. Fred has been called "The Norwegian Howard Hughes" for his great wealth and avoidance of publicity.
lieutenant was announced on 3 January 2006, that Fred was to sell almost his entire collection of Edvard Munch paintings.
The auction through Sotheby"s London fetched almost £17m. Fred contested the will but lost the case in the Oslo District Court in 2001.
He is a fellow of the Norwegian Academy of Technological Sciences.