Bernt Bodal Net Worth $200 million
|14th June !953
|Elizabeth Lyn Vargas
Bernt Bodal is a Norwegian-American businessman who is notable for being the former Chief Executive Officer of American Seafoods, one of the leading seafood companies in the United States of America. Also a former musician, Bodal is a partner in Rock N Roll Fantasy camp. He is most remembered for his strong leadership abilities which helps him stay on top of the charts whenever it comes to businesses and the management cultures he stands for. Bernt Bodal net worth is satisfactory by all standards looking at the roles he has played throughout most part of his life as a businessman. Here’s everything regarding Bodal’s biography and success story which now serves as a source of inspiration to younger entrepreneurs.
Bernt Bodal’s Early Life
He was born in Oslo, Norway, and was raised in small town on the outskirts of Oslo. Growing up, he was completely focused on music and was dedicated towards making a career for himself as a musician. He was a member of the band, Host, and they released three studio albums together. He also performed with several popular musicians, including big names like Roger Daltrey and Sammy Hagar.
His parents left Norway and moved to the U.S to work in the fishing industry, and he decided to follow suit. In the United States, Bernt began working as a fisherman for a fish processing company in Massachusetts.
Bernt Bodal’s Career
After doing several minor jobs, Bernt was able to gather enough money to concentrate on his own business. So he teamed up with a goup of investors in the year 1999 and acquired the company American Seafoods. He was named Chief Executive Officer of the company, and held the position until 2017.
After more than 25 years of service, Bernt Bodal retired from the American Seafoods Company in May 2017. He stepped down from his position as chairman of the company’s Board of Directors as a part of his retirement from active participation in the company.
About American Seafoods
American Seafoods Company is owned by the American Seafoods Group Consolidated, LLC. Topmost leaders of the Group include Mikel Durham as CEO, Kevin McMenimen as CFO, Margery Schelling as Executive Vice President of Marketing, Strategy and Innovation, Scott McNair as the Executive Vice President of Product & Business Development, and Inge Andreassen as President of the American Seafoods Company which is a subsidiary of American Seafoods Group.
The company is one of the biggest seafood companies in America and also one of the leading harvesters of fish in the world. Headquartered in Seattle, Washington, in the United States, American Seafoods Company owns and operates 6 large catcher-processor vessels that gather and process on board fish caught in the waters of Alaska and the Pacific Northwest. The company is well-known for its products made from Pacific cod, Alaska pollock, Yellowfin sole, and Pacific (whiting) hake. These products are sold all over North & South America, Europe, and Asia. American Seafoods Company is the top harvester in the United States Bering Sea Alaska Pollock fishery with roughly 45% of the catcher-processor market share. American Seafoods products include: whole fillet blocks, white fish meal, surimi made from whole fillets, minced pollock blocks, fish oil, and other “sidestream” products such as bone meal, fish skins, and stomachs. American Seafoods also produces fillet blocks, minced blocks, headed and gutted fish, white fish meal, and fish oil.
Today the company records annual revenues of over $600 million and Bernt Bodal is the majority shareholder.
In 2012, Bodal was featured on the reality TV series, “Undercover Boss”. The show followed him while he spent time on a boat working as a fisherman. A noted leader and innovator, Mr. Bodal was responsible for taking the American Seafoods company through an era of colossal change, including the development of fishing cooperatives in both the United States Pacific hake and Alaska pollock fisheries. Such cooperatives were essential to the company dramatically growing its product recovery rates.
Personal Life & Family
Bernt Bodal and Elizabeth Lynn Vargas have been married for 17 years. They were together for two long decades. In 2020 it was confirmed that Vargas had been selected to join the cast of the reality television series The Real Housewives of Orange County.
Bodal has three children from his first marriage. Their names are Thomas Bodal, Alexander Olav Bodal, and Thomas Bodal. He has no children from his second marriage with Elizabeth Lynn Vargas.
This businessman also has an Airline Transport Pilot rating. While with the American Seafoods Group, he captained the flight of the company’s Falcon 2000 business jet. He reveals that he flew around the world as required by the company which operated in several countries around Asia, Europe, and North and South Americas. He has reportedly flown more than 7,000 hours, and is type-rated on several types of jets.
Bernt Bodal Net Worth
Mr. Bernt Bodal net worth is currently $200 million. In 2008 he and his wife Elizabeth shelled out a total of $3.5 million and spent it all on a property in La Quinta, California. They also own another $2 million worth mansion which they built in 2014. While he has made wealth from his successful career, Bodal will always be remembered as the man who singlehandedly turned things around for good during his tenure as the chief executive officer of American Seafoods company.