He was a jolly good fellow, a hard working man and was not greedy. One time, he decided to parade hundreds of vehicles in Oslo and petrol-ed them, filling their tanks to the maximum free of charge.
After a meeting I had with him in his then Aker Brygge office in 2001, I made my conclusion after making an analysis of the man. He was one who many loved to be around him.
He was a man who showed respect to others and listened to those who had something to say.
Now after his death, his two grown up children seem to follow his footsteps especially by protecting that which he loved most – of his projects, according to the story below. May his soul rest in peace.
Below is the lifted story for our readers to go through.
Korir, Chief Editor, APN
*”The two grown children of the late high-profile entrepreneur Svein Erik Bakke say they plan to live modestly and have much lower-profile, long-term goals for the fortune he left them.
Siv Bakke Rivenes and Ulf Bakke didn’t share their father’s fondness for a jet-set life, and plan to modestly manage the fortune he left them.
Bakke, a self-made millionaire, left around NOK 300 million to his children, Ulf Bakke and Siv Bakke Rivenes. The two, stressing their pride in their working-class roots on Oslo’s east side, shared their intentions with newspaper Dagens Næringsliv on Wednesday.
“We need to pick out the projects we feel we have capacity for, that means long-term investments and ventures,” said Siv Bakke Rivenes. “We decided quickly to sell off all the short-term investments, especially speculative stakes in shares and currency exchange deals.”
She holds a master’s degree in economics and works as a finance executive within the building branch. Her brother Ulf works in marketing and runs a restaurant on Hegdehaugsveien in Oslo. Both started working at a young age in the cleaning firm their father built up, and which formed the basis for his other investments.
Svein Erik Bakke, who was found dead in his home last November, left a large portfolio including a vacation home project in Brazil, bank shares, investments in fish farming and several luxury properties in Oslo, suburban Bærum and the mountain resort areas of Geilo and Trysil.
His children sold off his new condominium at the Dr Holms Hotel in Geilo earlier this week, and netted a record sum reported to be nearly NOK 14 million.
“We’ve used a few months to get an overview of Pappa’s operations,” Ulf Bakke told Dagens Næringsliv. “Along with the overview came a sense of security. We have chosen to move forward with those aspects that we feel we can manage and that meant the most to him.”
That includes the vacation property project in Brazil and the cod-farming operation Skei Marinfisk ASA.
They’re selling off Bakke’s luxury homes. “It’s hopeless to sit with so many properties,” Siv Bakke Rivenes told Dagens Næringsliv. “We can’t use them all.”*
By Nina Berglund
*”/”*Lifted and published by African Press in Norway, apn, firstname.lastname@example.org tel +47 932 99 739 or +47 6300 2525 source.aftenpostenENG