Who Owns Viking Cruises and What's Behind Their Success

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A cruise ship sails calmly through the icy waters of Antarctica, surrounded by snow-capped mountains.
Credit: pexels.com, A cruise ship sails calmly through the icy waters of Antarctica, surrounded by snow-capped mountains.

Viking Cruises is a privately owned company, founded by Torstein Hagen in 1997. Hagen, a Norwegian entrepreneur, had a vision to create a cruise line that would appeal to the modern traveler.

Viking Cruises is headquartered in Bermuda, but its operational base is in Oslo, Norway. This strategic location allows the company to leverage its Norwegian heritage and expertise in small-ship cruising.

The company's success can be attributed to its focus on destination immersion and cultural experiences. Viking Cruises' itineraries are designed to take passengers on in-depth explorations of the world's most fascinating destinations.

By offering a unique blend of history, culture, and natural beauty, Viking Cruises has been able to attract a loyal customer base.

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Who Owns Viking Cruises

Viking Cruises is owned by the single company Viking, which is majority-owned by Norwegian billionaire Torstein Hagen.

The Viking group consists of three brands: Viking River Cruises, Viking Ocean Cruises, and Viking Expeditions. They all share the same Viking brand, but offer different types of cruising experiences.

Torstein Hagen retained majority control of the company even after it underwent an initial public offering in 2024.

Torstein Hagen's Role

Credit: youtube.com, Meet The Norwegian Billionaire Founder Of Viking Cruises | Forbes

Torstein Hagen is the owner and visionary behind Viking Cruises. He wanted to create a unique cruise company that focused on giving travelers meaningful cultural experiences.

The company's focus is on connecting travelers with the world around them, whether it's a river cruise through Europe or an ocean voyage to far-off destinations.

Torstein Hagen's daughter, Karine Hagen, also plays a key role in the company as Senior Vice President. She's often featured in Viking's videos, sharing stories and insights about the places their cruises visit.

Viking's Owner

Viking's Owner is a single company called Viking, which is majority-owned by Norwegian billionaire Torstein Hagen.

The company has three branches of cruising: Viking River Cruises, Viking Ocean Cruises, and Viking Expeditions, all sharing the same Viking brand.

Viking was privately owned for many years, which is an exception in the world of cruising.

In 2024, the company underwent an initial public offering, but Hagen retained majority control.

Frequently Asked Questions

What is the net worth of the CEO of Viking Cruises?

The net worth of the CEO of Viking Cruises is approximately $9.29 billion. His wealth primarily comes from the successful Viking Cruises business.

Jessie Smith

Senior Writer

Jessie Smith is a versatile writer with a passion for crafting informative and engaging content. With a keen interest in travel and aviation, Jessie has established herself as a go-to expert on air travel procedures, providing readers with valuable insights and practical advice. Her articles are a testament to her dedication to helping others navigate the complexities of air travel, making her a trusted voice in the industry.

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