John Fredriksen Biography– John Fredriksen, a Norwegian-born Cypriot oil tanker and shipping billionaire residing in London, was born on May 10, 1944. He controls the world’s largest oil tanker fleet and holds significant stakes in offshore driller Seadrill, fish farming company Mowi, dry bulk company Golden Ocean Group, and supply vessel firm Deep Sea Supply.
Fredriksen owns the companies Frontline and Golar LNG through his investing companies Hemen Holdings and Meisha. Frontline controlled 9.6% of another significant tanker firm, Overseas Shipholding Group, in 2010–2011. Seadrill owns a portion of North Atlantic Drilling, Sevan Drilling, and Asia Offshore Drilling.
Fredriksen was born in Oslo, Norway, and is now a naturalized Cypriot citizen. He was Norway’s richest man before renounceing his Norwegian citizenship. Fredriksen was reported in the Norwegian magazine Kapital in 2013 as having a net worth of NOK 69,75 billion (US$11.9 billion).
He was named to Bloomberg Markets Magazine’s 50 Most Influential list in 2012. According to Lloyds List 2014, he is one of the top ten most influential persons in the shipping sector.
Who is John Fredriksen?
John Fredriksen is a billionaire investor from Norway with a net worth of $12.9 billion.
Fredriksen grew up in Etterstad, in the eastern section of Oslo, as the son of a welder and his wife.
He made the most of his income during the Iran-Iraq wars in the 1980s, when his tankers picked up oil at tremendous danger but with huge profits.
He went on to become the world’s largest tanker owner after the war, with over 17 oil tankers and significant stakes in oil rigs and fish farming.
John Fredriksen Net Worth: How much does he have?
John Fredriksen is a Norwegian-Cypriot oil and shipping mogul with a net worth of $12.9 billion, making him the richest person in Cyprus. John Fredriksen began his professional career as a shipbroker in Norway, where he was born.
He left the company in his late twenties and went out on his own. In the 1960s, he began trading oil in Beirut, and in the 1970s, he purchased his first tankers.
He was one of the few oil transport businesses that continued to work in the region during the Iran-Iraq Wars in the 1980s, despite the fact that it was extremely dangerous.
John Fredriksen Career
In his career, Fredriksen owns significant stakes in the offshore drilling company Seadrill, the fish farming company Marine Harvest, and the Golden Ocean Group.
His company, Seadrill, bought more than half of Smedvig in 2006 and took control of the corporation. This is his biggest contract to yet.
He owns a fleet of expensive double-hulled, environmentally friendly tankers. But he also owns Deep Sea Supply, a supply vessel company, and Frontline and Golar LNG, which he controls through his investment companies.
Between 2010 and 2011, Frontline owned 9.6% of Overseas Shipholding Group, a large tanker company.
North Atlantic Drilling, Sevan Drilling, and Asia Offshore Drilling are also partially owned by Seadrill.
Fredriksen is a Cypriot citizen who lives in London, and he was Norway’s richest man before renounceing his Norwegian citizenship.
His net worth was estimated to be around $11.9 billion in 2013 by the Norwegian magazine Kapital. Forbes magazine estimated his net worth to be around $9.9 billion now.
He was named one of the top ten most important individuals in the shipping business by Lloyds List in 2014.
He is an ardent art collector who collects historic Norwegian art in addition to his enterprises.
John Fredriksen Age: How old is he?
John Fredriksen Age is 78 years, born on May 10, 1944 in Eidsvoll Municipality, Norway. He got his start running fish cargos as the hard-nosed son of a Norwegian shipyard welder.
Fredriksen now owns one of the largest fleets of oil tankers in the world. Marine Harvest, the world’s largest salmon producer, is his largest stock holding.
Fredriksen, a Norwegian native, changed his citizenship to Cyprus, a tax haven.
John Fredriksen is a Logistics member.
John Fredriksen Wife: Inger Astrup Fredriksen
Fredriksen is a widower with two daughters, Cecilie Astrup Fredriksen (born 1983) and Kathrine Astrup Fredriksen (born 1993). (born 1983).
Fredriksen’s ex-wife, dentist Inger Astrup Fredriksen (died 2006), was born into one of Norway’s Astrup families. Her grandfather was the painter Nikolai Astrup, and her father was a professor of psychiatry.