Bernt Bodal is a Norwegian-American businessman who is well-known for having served as the former Chief Executive Officer of American Seafoods, one of the most well-known seafood companies in the United States of America. Bodal was born in Norway and immigrated to the United States when he was a young boy. Bodal, who is also a former musician, is a partner in the company known as Rock N Roll Fantasy Camp.
His strong leadership abilities have helped him remain at the top of the charts whenever it comes to businesses and the management cultures he stands for. This is the quality for which he is most widely recognised. When taking into consideration the roles that Bernt Bodal has played as a businessman for the majority of his life, it is reasonable to assume that he has amassed an adequate net worth.
In this article, we will cover everything there is to know about Bodal’s life, including his net worth and his success story, which can now serve as a source of motivation for young businesspeople.
Bernt Bodal’s Early Life
He was brought up on the outskirts of Oslo, Norway, despite having been born in the Norwegian capital of Oslo. As he was growing up, his entire life was consumed by music, and he was completely committed to pursuing a career as a musician. He was a member of the band Host, and during his time with the band, they put out three studio albums. He also collaborated with a number of well-known musicians, some of the most notable of whom are Roger Daltrey and Sammy Hagar.
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Because of the opportunities available in the fishing industry in the United States, he followed in the footsteps of his parents, who emigrated from Norway to the United States. In the United States, Bernt first found work in the fishing industry in Massachusetts, where he was employed by a company that processed fish.
Bernt Bodal’s Career
Bernt started his own company after accumulating enough capital through the completion of a variety of menial jobs. Therefore, in the year 1999, he formed a partnership with a number of financial backers in order to purchase the business American Seafoods. He was given the position of Chief Executive Officer of the company, which he remained in until the year 2017.
In May of 2017, Bernt Bodal stepped down from his position at the American Seafoods Company, where he had worked for more than 25 years. As part of his retirement from active participation in the company, he stepped down from his position as chairman of the company’s Board of Directors. He had held this position since the company was founded.
The American Seafoods Group Consolidated, LLC is the legally recognized owner of the American Seafoods Company. Mikel Durham is the Group’s Chief Executive Officer, Kevin McMenimen is the Chief Financial Officer, Margery Schelling is the Executive Vice President of Marketing, Strategy, and Innovation, Scott McNair is the Executive Vice President of Product & Business Development, and Inge Andreassen is the President of the American Seafoods Company, which is a subsidiary of the American Seafoods Group. Other senior executives of the Group include Margery Schelling as the Executive Vice President of Marketing, Strategy, and Innovation; Margery Schelling
The business is not only one of the largest seafood companies in the United States but also one of the most successful fish harvesters on a global scale. The American Seafoods Company has its headquarters in Seattle, Washington, in the United States, and the company owns and manages a fleet of six large catcher-processor vessels. These vessels collect and process on board fish that has been caught in the waters of Alaska and the Pacific Northwest.
Products crafted from Pacific cod, Alaska pollock, Yellowfin sole, and Pacific (whiting) hake are some of the most well-known offerings from this particular business. These products are distributed throughout the entirety of Europe, Asia, and North and South America.
With a share of the catcher-processor market that accounts for approximately 45 percent, American Seafoods Company is the most successful harvester in the Bering Sea Alaska Pollock fishery in the United States. American Seafood offers minced pollock blocks, fish oil, whole fillet blocks, and surimi made from entire fillets. Additionally, the company offers “sidestream” products such as bone meal, fish skins, and fish stomachs. In addition, fillet blocks, minced blocks, headed and gutted fish, white fish meal, and fish oil are all products that are sold by American Seafoods.
A majority of the company’s shares are owned by Bernt Bodal, despite the fact that annual sales have surpassed $600 million in recent years.
Bodal made an appearance on the reality television series “Undercover Boss” in the year 2012. The show followed him around while he was out on the water working as a fisherman and kept him entertained.
Mr. Bodal, a well-known innovator and leader, guided the American Seafoods company through a time of enormous upheaval. This included the establishment of fishing cooperatives in the fisheries for pollock and hake in the Pacific of the United States of America. The company could not have dramatically increased its product recovery rates without the assistance of such cooperatives.
Personal Life & Family
Elizabeth Lynn Vargas and Bernt Bodal have been married for a combined total of 17 years. They spent the better part of two full decades together. Thomas Bodal, Alexander Olav Bodal, and another Thomas Bodal are the names of the three children he welcomed into the world during his first marriage. Bernt’s second marriage to Elizabeth Lynn Vargas did not result in the birth of any children for him.
In the year 2020, it was established beyond a reasonable doubt that Vargas had been chosen to participate in the cast of the reality television series The Real Housewives of Orange County. This successful entrepreneur also holds the rating of Airline Transport Pilot.
During his tenure with the American Seafoods Group, he served as the pilot in command of the Falcon 2000 business jet owned by the company. He admits that he was required to fly all over the world for the company, which had operations in several countries located throughout Asia, Europe, North America, and South America.
It is said that he has logged more than 7,000 hours in the air and is qualified to fly on a variety of different jets.
Bernt Bodal’s divorce was finalized in July 2020
After getting hooked, Elizabeth and Bernt made the decision to start their life together in the sunny city of La Quinta, California, which is only a short drive away from the resort town of Palm Springs, California. After Elizabeth discovered that Bernt had been unfaithful, she initiated the divorce proceedings in April of 2017.
The divorce proceedings lasted for an astonishing three years, and Elizabeth stated in a previous interview that they set her back “an arm and a leg” in terms of financial outlay. In July of 2020, the divorce was finally finalised.
Bernt Bodal has already got a new girlfriend name Michelle Fox
Not much information is available about Bernt’s past romantic relationships. Whomever he was involved with romantically prior to meeting Elizabeth is a closely guarded secret.
In addition to this, the date that Bernt and Elizabeth got married has been reported differently by various media outlets, with some stating that the couple has been married for five years while others have stated that they got married in the year 2000. Elizabeth revealed the date of her divorce in an Instagram Story, in which she stated that she and Bernt had been married for twenty years.
Some information on Bernt’s Facebook may indicate that he is with a woman whose name is Michelle Fox. Bernt has not disclosed much information about the woman he is seeing, but there is some of this information on Bernt’s Facebook.
In a status update that he published on Facebook in the month of July 2019, Bernt stated, “Proud of my girlfriend @michellefox2 for executive producing the first ever Montreux Legends Club… success on a massive scale with host Mark Goodman of SiriusXM radio, Nigel Olsson and Ray Cooper of Elton John’s Band, and Will Calhoun of Living Colour.
For her part, Michelle has a private Instagram account; however, it appears that her Facebook page is also open to the public. She has shared a number of pictures of the two of them together. She referred to Bernt in a post she wrote for his birthday in June 2020 as her “best friend, one true love, and the person that makes my heart light up each and every single day.”
In addition to being a mother of two children, Michelle is presently serving as the Senior Vice President of Business Development at SentryHealth. It is difficult to determine how long Michelle and Bernt have been together or if Michelle is indeed the mother of Bernt’s child, despite the fact that it appears that Michelle and Bernt are in a relationship at present.
Bernt Bodal Net Worth and How He make Money?
Bodal has, and always has had, a keen interest in musical performance and composition. He has collaborated with a number of musicians, including Sammy Hager, Roger Daltry, and Eddie Vedder of Pearl Jam, and has released three albums with his band. On the other hand, his aspiration to become a rock star was dashed when he moved to the United States, and he redirected his attention to other things instead.
Following in his parents’ footsteps, Bodal made the decision to relocate to the United States in order to pursue a career in the fishing industry. He then began working for a fish processing company in the state of Massachusetts. After almost 13 years of work, Bernt became a minority partner in American Seafood in the year 1990. Bernt worked there until he finished.
In 1999, Bernt and a number of other investors purchased the business known as American Seafoods. He eventually took over as CEO and remained in that role until 2017. Bernt currently holds the largest share in the company, which results in annual profits of approximately $500 million for the business.
Even though he has retired from his previous role, he continues to serve on the board of directors for American Seafoods. When he first began working there, the company only had two ships in its fleet. By the time he took over as CEO of the company, the total had reached 16 individuals.
Bernt Bodal Net Worth
Mr. Bernt Bodal’s net worth is estimated to be $200 million as of 2021.
In the year 2008, he and his wife Elizabeth parted ways with a grand total of $3.5 million so that they could purchase a home in the city of La Quinta, California. In addition to that, they have a second mansion that they constructed in 2014 and it is valued at $2 million.
Bodal will always be remembered as the man who single-handedly turned things around for the better during his tenure as the chief executive officer of the American Seafoods company. This is in spite of the fact that he has made a lot of money as a result of his successful career.
Their mansion, which spans 10,500 square feet and contains nine bathrooms and six bedrooms, was completed in 2014.
As a result of their separation in 2017, they decided to put the home up for sale at a price of $11.9 million. They listed the home for sale for a total of three years before finally selling it for $8.5 million.
10 Facts on Bernt Bodal
Bernt Bodal was born in Oslo, Norway, and he resided there throughout his childhood and the beginning years of his adolescence. However, the inquiry into his official birthdate has not yet been completed.
Elizabeth Vargas was Bernt’s first wife when they got married. Since 2017, the couple has been living apart as a result of harsh criticism and several unlucky circumstances. After a drawn-out and contentious divorce process, the couple will, at last, be legally separated in the year 2020.
By the standards of both his contemporaries and his fellow fans, Bodal was a billionaire. According to some records, he is now down to a net worth capital of $200 Million after going through a protracted legal battle and divorcing his wife.
Bernt was a member of an exceptionally lovely family. On the other hand, he and his ex-wife were the only public figures involved. In order to protect their child’s privacy, the couple had not revealed their child’s identity.
Bernt also has a page on Wikipedia, just like his ex-wife does. Sadly, the website is only available in the Nordic language, and it is impossible to have it translated into English.
Around the time he was in his 20s, Bodal made the move to the United States. In terms of nationality, he is partially Norwegian and partially American.
In addition to getting divorced, the couple has also parted ways with their mansion in Los Angeles, which was valued at $11.9 million.
Regarding the age, the official sources do not provide any information about it. Based on his appearance, he might be in his 50s or older.
Bodal’s Twitter handle is @berntbodal, but he hasn’t posted anything since 2019.
The most recent addition to the cast of The Real Housewives of Orange County is his ex-wife Vargas.