Viking Founder Torstein Hagen’s Wealth Set to Rise After Cruise Operator’s IPO

Torstein Hagen founded his cruise line with a few simple principles in mind. Among them: focus on the wealthy and intellectually curious; no nickel-and-diming; and no kids.

Almost three decades on, his Viking Holdings Ltd. is among the world’s biggest luxury cruise operators, and Hagen’s fortune will surpass $5 billion as the company completes its initial public offering in New York.