billionaire
A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...
businessman, and the owner and CEO of Linak, a Danish
linear actuator
A linear actuator is an actuator that creates linear motion (i.e., in a straight line), in contrast to the circular motion of a conventional electric motor. Linear actuators are used in machine tools and industrial machinery, in computer perip ...
manufacturing company.
Early life
Jensen earned a degree in mechanical engineering from the
University of Southern Denmark
The University of Southern Denmark (, SDU) has campuses located in Southern Denmark and on Zealand. It offers a number of joint programmes in co-operation with the University of Flensburg and the University of Kiel. Contacts with regional indu ...
. Jensen's grandfather founded Christian Jensen and Sons in 1907, and it originally produced pulleys, grinding mills and forges.
Career
In 1976, Jensen took over the running of the company from his father, when there were just seven employees. In 1979, he started to make
linear actuator
A linear actuator is an actuator that creates linear motion (i.e., in a straight line), in contrast to the circular motion of a conventional electric motor. Linear actuators are used in machine tools and industrial machinery, in computer perip ...
s, which became the company's main product.
In 1984, the company was renamed Linak.
Personal life
Jensen lives in
Nordborg
Nordborg (), is a town with a population of 5,680 (1 January 2025),