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2020 Top 10 Richest People in Faroe Islands

Faroe Islands are 18 islands in the middle of the North Atlantic Ocean, northwest of Scotland and halfway between Iceland and Norway. The Islands are a self-governing island territory of Denmark, although they politically aim for higher independence.

This article outlines the top 10 Richest People in Faroe Islands. For some reasons reserved by Topmost10, their net worth cannot be shown.

Top 10 Richest People in Faroe Islands

10. Anfinn Kallsberg

Faroe Islands

Anfinn Kallsberg is a Faroese politician, former prime minister, and the former leader of the People’s Party. First elected to the Faroese parliament in 1980 and consecutively since then, Kallsberg served as Fisheries Minister from 1983 to 1985 and for 5 months in Jógvan Sundstein’s first coalition government in 1989, and as Economics and Finance Minister from 1996 to 1998 in a coalition led by Edmund Joensen (Union Party).

He was Speaker of the Løgting 1991–1993.

Kallsberg became Prime Minister of the Faroe Islands on 15 May 1998 in a coalition formed by the People’s Party, Republican Party and the Self-Government Party. His first administration aimed for economic and legal independence of the Faroe Islands and started a process of assuming various governmental sectors from the Danish government. Likewise, Denmark set up a plan to grant full sovereignty to the Faroe Islands. In 2002 the coalition went through parliamentary elections that resulted in the entry of the Center Party into the government, which was the second cabinet of Anfinn Kallsberg.

In December 2003, Kallsberg took over the ministries previously served by members of the Republican Party and issued a new election that took place in January 2004. In 2005 Kallsberg was elected as one of two Faroese citizens to represent the islands in the Danish Parliament.