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Marcus Choleva

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Adapted from the English Wikipedia article Marcus Choleva, available under CC BY-SA 4.0Updated 11 August 2025
Marcus Choleva
Born (1933-04-12) April 12, 1933 (age 93)
Frederiksberg, Copenhagen, Denmark
DiedNovember 12, 2021(2021-11-12) (aged 88)
Occupation(s)Entrepreneur, CEO
Years active1970–2012
Known forCEO of KFI (Købmændenes Finansieringsinstitut)

Marcus Choleva (12 April 1933 – 12 November 2021) was a prominent Danish entrepreneur who served as the CEO of KFI (Købmændenes Finansieringsinstitut) from 1970 until 2012.

Early life and education

Choleva was born in Frederiksberg, Copenhagen, into a family of Latvian-Polish Jewish descent. His family endured the Holocaust, having been imprisoned at the Theresienstadt concentration camp. Following the conclusion of World War II, he completed a master's degree in economics at the University of Copenhagen.

Career

His professional journey commenced at Privatbanken and later at the Danish Ministry of Finance. He then held the position of CEO at KFI for more than forty years. Upon retiring in 2012, Choleva successfully invested in real estate ventures, which yielded considerable returns.

Philanthropy

Choleva contributed generously to Yad Vashem, the Israeli Holocaust memorial museum, including gifting a commemorative vase.

Personal life and death

He was a father to four children and lived on a property near Birkerød. Marcus Choleva died on 12 November 2021 at the age of 88.