Activists in Iceland Damage Assets of Tycoons Skip to content

Activists in Iceland Damage Assets of Tycoons

A Hummer jeep belonging to Icelandic billionaire Björgólfur Thor Björgólfsson was spray-painted red while it was parked outside Reykjavík University on Saturday night. The same group of activists also claimed responsibility for spraying red paint on the house of former Kaupthing chairman Sigurdur Einarsson.

Björgólfur Thor Björgólfsson. Photo by Geir Ólafsson.

The homes of many prominent Icelandic businessmen have been damaged with paint in the past months, Fréttabladid reports.

These include former Glitnir CEO Bjarni Ármansson, director of Íslandsbanki (formerly Glitnir) Birna Einarsdóttir, former CEO of Kaupthing Hreidar Már Sigurdsson, former CEO of FL Group Hannes Smárason, former Landsbanki chairman and majority owner Björgólfur Gudmundsson and one of two owners of Milestone Steingrímur Wernersson.

Also, a Range Rover jeep belonging to Stefán Hilmarsson, the former chief financial officer of Baugur Group, was set on fire recently.

The homes of people whose work is related to the energy sector have also been damaged, including the homes of outgoing CEO of Landsvirkjun (the national power company), Fridrik Sophusson, CEO of Alcan in Iceland Rannveig Rist and CEO of Reykjavík Energy Hjörleifur Kvaran.

These cases have not been solved and it is uncertain whether the same group of activists was involved in all of them.

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