Björgólfur Guðmundsson (born 1941), the chairman and former owner of West Ham United FC
Bravo Brewery became a success and they later sold the venture to Heineken for $400 million which they invested both in Iceland and abroad.
Björgólfur Guðmundsson, Hafskip's managing director, and the Hafskip executives Pill Bragi Kristjónsson, Ragnar Kjartansson and the company's auditor, Helgi Magnússon, were detained and later charged with 450 criminal counts, from embezzlement to fraud.
In 2005 a group of Danish journalists found that Thor Björgólfsson, his father Björgólfur Guðmundsson and friend Magnús Þorsteinsson all have background in Russia, where they ran beverage businesses in the 1990s before moving to Iceland.
Björgólfur Guðmundsson | Jóhann Guðmundsson | Einar Már Guðmundsson | Björgólfur Thor Björgólfsson | Björgólfur Hideaki Takefusa | Albert Guðmundsson |