Björgólfsson buys his great-grandfather’s house Skip to content

Björgólfsson buys his great-grandfather’s house

An offer made by investment company Novator, owned by Icelandic entrepreneur Björgólfur Thor Björgólfsson, for a 100-year old house built by Björgólfsson’s great-grandfather, was accepted at the City of Reykjavík yesterday.

The majority of the members in a committee, who the City Council had elected, accepted Novator’s offer of ISK 600 million (EUR 6.8 million, USD 8.8 million). RÚV reports.

Björgólfsson plans to renovate the house, which stands at Fríkirkjuvegur 11 in Reykjavík near Tjörnin Pond, and turn it into a public museum about his great-grandfather, Thor Jensen. Jensen built the house in 1907 and 1908.

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article

Facebook
Twitter