Mærsk Mc-Kinney Møller dies at 98

Mærsk Mc-Kinney Møller dies at 98

The son of Arnold Peter Møller, founder of the Group, Møller became joint owner of the company “Firmaet AP Møller” in 1940. Following his father’s death in 1965 he became director and chairman of the most important companies within the Group, continuing their daily management until 1993. He was chairman of AP Møller–Mærsk A/S until 2003.

In a statement, Ane Maersk Mc-Kinney Uggla, the current deputy chairman of the board, who will now become chairman, said, “My sisters and I have lost a father who never failed neither his family nor his business. We are grateful that our father lived a long and eventful life. In his never failing wish to do good, together with many and great initiatives, he has left a significant mark on our time”.

The statement continued by saying that with his death the Group had lost an international businessman and the man who, if any, can take credit for the Group being among the world’s leading and Denmark’s undisputed largest businesses.

Moller made his last public appearance at the Group’s annual general meeting last Thursday. He was Denmark’s wealthiest man, with a fortune worth 82.4bn Danish crowns (US$14.5bn). According to Reuters, last year Berlingske Nyhedsmagasin’s annual list of richest Danes put him ahead of the owners of country’s toymaker Lego.

At the time of his death he was Chairman of the Board of the AP Møller and Chastine Mc-Kinney Møller Foundation, the AP Møller Relief Foundation, and the Maersk Employee Foundation, all of which are significant shareholders of AP Møller-Mærsk A/S.