Last Updated on December 3, 2024
Hreiðmarr (HRAYTH-mar), sometimes spelled Hreidmar or Hræiðmarr, was a powerful figure renowned for his immense wealth and cunning nature. He appears in the Völsunga Saga and other ancient sources as a masterful magician and the father of Fafnir, Regin, and Ótr. His name translates roughly to “famous for his house” or “home of glory,” symbolizing his riches and influence.
Hreiðmarr’s wealth came from the cursed gold he demanded as a ransom. The gods Loki, Odin, and Hœnir killed Ótr while mistaking him for an otter. Upon realizing their mistake, they were forced to compensate Hreiðmarr with treasure, including Andvaranaut, a magical ring from the dwarf Andvari. However, Andvari cursed the gold, ensuring it would bring ruin to anyone possessing it.
He hoarded the treasure, keeping it from his sons. This greed fueled a tragic chain of events. Fafnir, overcome by his desire for the wealth, murdered Hreiðmarr to claim the hoard. Regin, the other surviving son, fled, while Fafnir transformed into a dragon to guard the gold. These events underline themes of greed, betrayal, and the destructive power of wealth.
Hreiðmarr’s story reveals his cunning and determination to protect what he considered rightfully his. However, his inability to recognize the curse on the treasure led to his downfall. His tragic tale reflects the dangers of unchecked ambition and greed, showing how wealth can fracture even the closest bonds.
Runes Associated with Hreiðmarr
The Fehu Elder Futhark rune 
represents Hreiðmarr’s immense wealth and the destructive potential of material gain. It symbolizes prosperity but warns of greed’s dangers. The Othila rune reflects inheritance and legacy, emphasizing the cursed treasure passed through Hreiðmarr’s bloodline. These runes capture the duality of fortune and its costs.
Importance to Asatruar
Hreiðmarr’s story reminds Asatruar of the perils of greed and unchecked ambition. His tragic legacy emphasizes the importance of balance in life. Asatruar reflect on his tale to understand how wealth and power can corrupt and destroy. His connection to the cursed gold also highlights the consequences of seeking material wealth without wisdom or foresight.
