Björgólfur's parents were Guðmundur Pétur Ólafsson (1911-79) and Kristín Davíðsdóttir [REF].
Accounts vary, but it has been claimed that in 1958 Björgólfur was asked by the family of Thor Philip Axel Jensen, Iceland's foremost businessman of the time, to accompany Hallgrímur Fr.