John Fredriksen

About John Fredriksen

Birth Day: May 10, 1944
Birth Place: London, United Kingdom, Cyprus
Birth Sign: Gemini
Residence: London, England
Occupation: Business magnate
Known for: Major ownership in companies engaged in shipping, offshore drilling and seafood business

John Fredriksen Net Worth

John Fredriksen was bornon May 10, 1944 in London, United Kingdom, Cyprus. Hard-nosed son of a Norwegian shipyard welder got his start running cargos of fish. Fredriksen now controls one of the world's largest fleet of oil tankers. His biggest stock position is salmon giant Marine Harvest. Fredriksen, a native of Norway, switched his citizenship to the tax haven of Cyprus.
John Fredriksen is a member of Logistics

💰 Net worth: $7.3 Billion (Updated at 22 June 2018)

2009 $4 Billion
2010 $7.7 Billion
2011 $10.7 Billion
2012 $11.3 Billion
2013 $11.5 Billion
2014 $13.6 Billion
2015 $10.5 Billion
2016 $8.5 Billion
2017 $9.9 Billion
2018 $7.24 Billion

Some John Fredriksen images

Famous Quotes:

A yacht? No, I never have time. I prefer to stay ashore.

Biography/Timeline

1944

Fredriksen was born on 10 May 1944 to a welder and his wife, and grew up in Etterstad in the eastern half of Oslo.

1980

Fredriksen made his fortune during the Iran-Iraq wars in the 1980s, when his tankers picked up oil at great risk and huge profits. As described by his biographer, "he was the lifeline to the Ayatollah." Fredriksen would later become the world's largest tanker owner, with more than seventy oil tankers and major interests in oil rigs and fish farming. His fleet is dominated by costly double-hulled, environmentally safer tankers.

1983

Fredriksen is a widower and has two daughters: Cecilie (born 1983) and Kathrine Astrup Fredriksen (born 1983). Fredriksen's former wife, dentist Inger Astrup Fredriksen (died 2006), originally belonged to one of the Astrup families in Norway. Her Father was a professor of psychiatry, and her grand uncle was the Painter Nikolai Astrup.

1985

In 1985, the Norwegian insurance company Gard became suspicious about losses of cargo from Fredriksen's tankers. A private investigation was initiated, and a system for the use of heavy oil as bunker fuel was revealed. The case was turned over to the Norwegian police and in June 1986 Fredriksen's offices in Oslo were searched and several of his nearest associates, and after a while also Fredriksen, were placed in detention while the case was investigated.

2003

The Sunday Times Rich List has ranked Fredriksen's wealth as £475m (2003), £1.050b (2004) and £1.887b (2005). In 2012, Fredriksen and his family were listed as the 9th richest in Britain with a combined wealth of £6.6bn. Fredriksen owns houses in London, Oslo, Cyprus, and Marbella, Spain. He is a collector of classic Norwegian art.

2006

In 2006, Seadrill bought more than 50 percent of Smedvig, gaining control of the company (51.24 percent of the votes and 52.27 percent of the capital). Smedvig is Fredriksen's biggest ever deal. Noble Corp sold its stake to Seadrill in 2009, leaving Seadrill with full control. Fredriksen has been the majority owner of Vålerenga I.F. for many years.

2013

Born in Oslo, Norway, Fredriksen is a Cypriot citizen who resides in London. Before abandoning his Norwegian citizenship, he was Norway's richest man. Norwegian magazine Kapital listed Fredriksen in 2013 with a net worth of NOK 69,75 billion (US$11.9 billion). In 2012, he was included in the 50 Most Influential list of Bloomberg Markets Magazine. He was named in the top 10 most influential people in the shipping industry according to Lloyds List 2014.