Business

Meet Alexandra Andresen, World’s Youngest Billionaire from Norway

Meet Alexandra Andresen, World’s Youngest Billionaire from Norway

Bill Gates and Warren Buffett are the most discussed people in this week because of Forbes new list of Billionaires and the presence of UAE businessmen in the list, but there was one more name that makes space in rich list.

Alexandra Andresen, World's Youngest Billionaire

 

19 years old Alexandra Andresen from Oslo is the world’s youngest billionaire. She is the daughter of Johan Andresen, a Norwegian investor from Oslo.  She owns $1.2 billion. She has equal wealth to her one year elder sister, Katharina. Both these sisters owe wealth from their family’s tobacco business.

Alexandra Andresen, World's Youngest Billionaire

 

Both of these sisters own 42.2% of the private company Ferd. Their father transferred the stock to his daughters in 2007, but still maintains control of the company.

Alexandra Andresen, World's Youngest Billionaire

This family initiated tobacco business with  brand Tiedemanns until 2005 before selling their stake to Skandinavisk Tobakskompagni for almost $500 million.

Comments

Post a comment here

You must be logged in to post a comment Login

Leave a Reply

Business
@iMZahidIqbal @iMZahidIqbal

Writing about developing World technologies and entrepreneurship. Associate at Microsoft BizSpark & International Development Innovation Network. Follow me on Twitter and Facebook.

More in Business

Ethereum

What is Ethereum and how does it contrast from bitcoin?

Staff ReporterSeptember 4, 2017
Privatisation

Advantages and problems of Privatisation

Liza NicholeJuly 25, 2017
Uber acqui-hires social app studio Swipe Labs

Uber acqui-hires social app studio Swipe Labs

Staff ReporterJuly 24, 2017
Data Center in China

Apple’s First Data Center in China to Comply With Law

Staff ReporterJuly 14, 2017
How Apple is creating more wealth for Samsung

How Apple is creating more wealth for Samsung

Daisy FlorenceJuly 12, 2017
Demand of Data Scientists

Demand of Data Scientists Will increase 28% By 2020, IBM Predicts

Sarah AliceJuly 11, 2017
U.S. jobs market

Economy added 222K jobs in June, more than expectations

Sarah AliceJuly 10, 2017
accepting Bitcoin

New York pre-school accepting Bitcoin

Sarah AliceJuly 7, 2017
How to Use Bitcoin

How to Use Bitcoin? – A “Quick Start” Guide

Muhammad Zahid IqbalJuly 4, 2017

Copyright © 2014 Khaleej Mag