Tuesday, April 17, 2012
Yrma & the Sluuuurrrrrrrrpsons Scramble to Be Nice & Worthy: Salivating at Possible Mærsk Inheritance
Look for Yrma, Yrma's Pappy Jock Boganson and/or The Dumpling to hit the funeral of Denmark's richest man in the next few days. Last chance to be super nice to Mærsk's three daughters and heirs to his estimated 125 billion kroner fortune (22 billion $US). After all, slurping narcissists figure that with all that moolah, all the properties and stuff, it's just too much for three people and their children. I mean, there is a yacht, a home on the French Riviera, priceless works of art, Danish manors and estates and too much cash for anyone to count. This is one funeral where the Sluuuurrrrrrpsons will not just be showing up with their pockets lined in plastic wrap to accommodate the leftover artichoke dip from the funeral buffet. Susan Moody may even splurge with some leftover Wind Ambassador money on a new black frock from Prisunic! They've got to pull out all the stops on thissie! Even a little Fabergé trinket or a small Rembrandt drawing could be hocked to allow for an upgrade to the converted goat barn avec satellite dish next to Henri's pile in Cahors, France. Anything to further lay the ground to ask for an invite to the (real) Queen's Jubliee festivities in London this summer. The Sluuuuuuuuuuurrrrrrrrrpsons are convinced that Charles and Camilla, despite being what Jock and Suse also saw as being snobby, just love them to bits. But, London is expensive and all the freebies they can get will help. Enter Mærsk Mc-Kinney Møller and his billions. Cross your Chad Morgan teef!
At least Yrma won't need to instruct her parents to make nice to get continued privileges on the Mærsk company airplane, the one that took her and Derfie to Africa for their honeymoon at the Bonde estate in Kenya. Danfoss's plane was put into emergency service for them when the Dumbledorks were in Thailand during massive social unrest (a preview of what is to come in Denmark?!) and the Lego plane has been used to take the couple (with baby Xian) to Scotland for a hunt, and Switzerland for partying and skiing on several occasions. Stay nice to those folks and global sluuuurrrrping can continue!
Mærsk Estate Worth Billions
Exactly how rich Mærsk Mc-Kinney Møller was has never been publicly disclosed. Large parts of the property was owned by the family fund, but whatever was the owner of Denmark's richest man. The heirs will now benefit securities, houses, boats and paintings for billions.
125 billion kroner. So great was Mærsk Mc-Kinney Møller's fortune estimated to be as Berlingske News magazine in 2010 produced its annual list of Denmark's richest. An enormous fortune, but clearly less than the year before, where the shipowner was good for an entire 179 billion in 2007.
The 125 billion kroner continued to smoothly make Mærsk Mc-Kinney Møller Denmark's richest. In fact he was twice as rich as the Kirk Kristiansen family, owners of Lego, whose fortune last year totaled 45 billion.
Arithmetic on Mærsk Mc-Kinney Møller's private fortune is not quite so simple for a very large portion of its assets were placed in family foundations. Three Mærsk Mc-Kinney Møller-controlled funds own about 54 percent of the shares of AP Møller - Mærsk. The shares that are not included in the personal estate of Mærsk Mc-Kinney Møller.
On the same grounds, Mr. Møller did not get on Forbes' list of world's richest, and has just to rely on private fortunes. Had his assets instead stood in Mærsk Mc-Kinney Møller's own name, he could probably have been placed in the Top 20 on the Forbes list.
Cash, for Mærsk Mc-Kinney Møller, was never lacking. In private, he owned 3.7 percent of the shares of the AP Møller-Maersk Group - which with yesterday's share price was equal to a value of small seven billion dollars. The shares are released, probably as part of the estate of Maersk Mc-Kinney Moller to the three daughters who are Ane Maersk Mc-Kinney Uggla, Kirsten Maersk Mc-Kinney Olufsen and Leise Mærsk Mc-Kinney Møller.
However, it's not only cash and securities, the three daughters now share. Mærsk Mc-Kinney Møller was also rich in physical property, which now passes to the family.
First and foremost is the house on Mosehøjvej 4C in Charlottenlund. The villa, which the owner had built and went into service in 1987, is specially designed for the late Emma Maersk, so it has no door sills. That's because Emma Maersk in recent years was in a wheelchair and therefore needed a house with easy access to the many rooms.
And space is plentiful in the house that is 670 square meters large. The house is on one level and looks like an overgrown house from the outside, but is listed in exclusive materials and surrounded by a plot of no less than 13,000 square meters. The public property of the house was in 2010 28 million.
Mærsk Mc-Kinney Moller has over the years bought up 15 other houses in the neighbourhood, so the value of the properties in Charlottenlund probably run into well over 100 million kroner.
Another valuable property is Mr Møller's home in Vence at the French Riviera, located between Nice and Cannes. Exactly what the home is worth is not known.
Until recently Mærsk Mc-Kinney Møller also owned a manor on Lolland - Bramsløkke. The manor, whose land holdings are 158 acres plus 50 acres of leased land was originally purchased by Mærsk Mc-Kinney Møller's father. In 2009, Leise Maersk took over the estate.
The heirs must also decide what to do with Mærsk Mc-Kinney Møller's beloved yacht - PINCH VIII. Yacht, the type Swan RS82 Mærsk Mc-Kinney Moller gave himself as a birthday gift in 2009. It is 82 feet - or 25 meters - and is one of the largest privately owned sailing yachts in Denmark. The boat has an estimated value of around 60 million kroner.
Finally, there will also be a need for larger quantity boxes when Mr. Møller's contents are to be distributed. Not least, the private collection of art is likely to bring considerable millions, should the family decide to sell it.
Few people know exactly what works hang on the walls of Mr Møller's homes, but it has previously been suggested that among others are the works of Picasso, Delacroix and Matisse.