Karl Gerd Wellner, a 66-year-old Swedish businessman, has been the President and CEO of Papamarkou Wellner Asset Management since 2003. Wellner is also the founder and partner of ‘Kawe Kapital,’ and has held a number of senior roles in the United States.

Wellner is a graduate of the Stockholm School of Economics and a native of Sweden. Wellner enjoys a happy personal life in addition to a good career. He is married to Deborah Norville, an American television journalist and businesswoman best known as the anchor of the syndicated news series ‘Inside Edition.’

What is the Estimated Net Worth of Karl Wellner?

Karl Wellner is the President and CEO of a multibillion-dollar investment management company. As of 2019, he has a net worth of $40 million, with his principal source of income being commercial activities such as wealth management, investments, real estate, and so on.

During an interview with Elite Traveler, Wellner remarked about his clients:

“We have clients with $10 million and higher in investable assets, as well as those with many $100 million in investable assets.” We advise on over 120 client relationships and several billion dollars in assets.”

Wellner’s wife is likewise extremely wealthy, with a net worth of $10 million. She has worked on Inside Edition since 1995 and is the longest-serving anchor on American television. The two-time Emmy Award winner was also inducted into the Broadcasting & Cable Hall of Fame in 2016.

The $4.5 million home of Wellner and Norville is up for sale

Karl and his wife offered their Park Avenue condo for sale in March 2019, with a $4.5 million asking price. For the past 17 years, the family has called the four-bedroom, four-bath co-op apartment home.

Image: Karl and Norville listed their Park Avenue House for Sale in 2019. Source: New York Times

Wellner and Norville converted the 3,000-square-foot apartment into their primary abode, where they raised their three children while also advancing their careers. The apartment’s monthly upkeep is $7,632, according to the listing broker.

Wife-Deborah Norville

Karl Wellner is married to Deborah Norville, a television journalist and businesswoman who has been his companion for 32 years. They tied the knot in New York City on December 12, 1987. At St. James Episcopal Church in New York City, they also exchanged wedding vows in Swedish and English.

Image: Karl Wellner and his wife, Deborah’s wedding in 1987.(Source: Facebook@Deborah Norville) 

The pair met for the first time with the support of their families. They got engaged four months after their initial meeting. Wellner and Norville have been reliable for over three decades and have endured the test of time. Despite his busy schedule, Karl is devoted to his wife and attends all of her red carpet engagements.

Karl’s Wife: How Did Karl Wellner Meet Deborah Norville?

Karl and his wife, Deborah, met for the first time on a blind date in New York in 1985. Deborah had some Swedish relations, and she had heard a lot about Wellner from them. The couple got engaged four months after their first date.

Photo: Karl and his wife, Deborah, first met on a blind date in 1985.(Source: Instagram@Deborah Norville)

Wellner proposed to her twice, once in a New York sandwich shop and again on a Brazilian mountainside. Despite leading high-pressure lives, the couple meticulously arranged their wedding and embarked on a three-week honeymoon. The Chicago Tribune reported on Karl and Deborah’s wedding, and they detailed how they met on a blind date. Deb frequently claims that they would not have met if it weren’t for her relatives.

Does Wellner’s Wife Suffered From Thyroid?

Deborah stated on April 1, 2019, that she would be undergoing surgery to remove a thyroid lesion. After a viewer saw a bump on her neck, she discovered she had been diagnosed with thyroid cancer.

Norville returned to work after a successful surgery and sent her compliments to the worried fan who had seen the tumor on her neck. She is currently in good health and spends precious time with her spouse and children.

Father Of Three Children

Karl Wellner, a Swedish businessman, and Deborah, a journalist, had three children together. They have two sons and a daughter, all of whom are adults in 2019. Nick, their oldest son, was born in 1991, and Kyle, their second son, was born in 1995. In 1998, they welcomed their third child, a daughter named Mikaela.

Image: Karl with his family.(Source: Filmmagic)

Duke University is the alma mater of all three children. Nick has already graduated, but Kyle was a member of the Duke football team. Mikaela, meantime, is a freshman who goes to the school’s popular NCAA basketball games with her mother. When asked if his children would follow in his footsteps, Karl answered he would love to include them, but only if they are interested.

Karl Wellner Can Speak 7 Languages

Mr. Wellner, a Swedish citizen, spent the majority of his adult life abroad. He is fluent in English, Swedish, German, French, and Estonian, as well as Russian and Italian. Such abilities are extremely valuable to him because he is always traveling the world to see his foreign clients.

Wellner has held a number of high-ranking posts in the US for a long period. As a result, communication is a must-have talent for his firm, and he has excelled at it throughout his career.

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