Industry Pioneer & Shipping Tycoon Maersk Moeller Dies at 98

maersk mckinney mollerDenmark’s wealthiest man, Arnold Maersk Mc-Kinney Moeller, died on Monday. He was 98 years old. He was responsible for creating and building Denmark’s largest business enterprise, the giant shipping and oil company, A.P. Moller-Maersk A/S.

He created the huge global enterprise, from the humble beginnings of two small shipping companies, his Father had originally started. It currently has 108,000 employees, spanning 130 countries. The company also owns Maersk Sealand, the largest publicly held shipping container group, in the world.

Michael Pram Rasmussen, the company’s Chairman stated they “lost a businessman of international scope and a man who…can take credit for the group being among the world’s leading (businesses) and Denmark’s undisputed largest business.”

Mc-Kinney Moeller “made decisions on significant investments which has made the Group’s activities leading in the world within shipping and oil exploration.” said CEO Nils Smedegaard Andersen.

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