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Olav Thon, billionaire Norwegian real estate developer, dead at 101
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FILE - 95 year old businessman and billionaire Olav Thon, right poses for a photo with Sissel Berdal Haga, after their wedding at Hotel Bristol in Oslo, Friday, June 21, 2019. - photo by Berit Roald/NTB Scanpix via AP, File
OSLO, Norway (AP) — Olav Thon, a billionaire entrepreneur recognizable for his bright red cap who went from selling leather and fox hides in his youth to build one of Norway's biggest real estate empires, has died, his company said Saturday. He was 101. “It is with great sadness that we have today received the news that Olav Thon has passed away,” Olav Thon Gruppen said in a statement.