Meet the youngest billionaire in the world

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ALEXANDRA ANDRESEN is the youngest billionaire in the world.

Forbes revealed in its 2016 ranking of the richest people on earth that the Norwegian heiress, 19, is now worth $1.2 billion (€1.1 billion). In 2007, her father, Johan Andresen, transferred to her 42% of the stock in Ferd, the family’s centuries-old private-investment company.

He also transferred a 42% stake in the company to her sister, Katharina, who at 20 is the second-youngest billionaire in the world. She’s also worth $1.2 billion (€1.1 billion).

Alexandra was only recently confirmed as the world’s youngest billionaire because the Norwegian government publishes the tax returns of people over 17.

But despite her affluent upbringing in one of the most famous families in Norway, she isn’t just any rich kid. Alexandra is already an accomplished horse rider, winning several massive competitions in dressage.

Her parents also taught her to be humble and save. So even though she is worth over a billion dollars, she actually saved her pocket money during her younger years and only drove second-hand cars.

 

Take a look at the incredible life Alexandra Andresen has led so far:

Alexandra Andresen was born in 1997 in Oslo, Norway, where she was also primarily raised.

Her father is Johan Andresen, son of industrialist Johan Henrik Andresen and Marianne Ebba Therese Bielke.

The Andresen family made their money from their tobacco brand, Tiedemanns, which the clan held until 2005 under Ferd. Today, Ferd mainly runs hedge funds.

It is an active investor on the Nordic stock exchange and has private equity investments, too.

Johan Andresen

 

 

 

 

 

 

She was also raised by her mother, Kristin.

This wonderful woman is my mother <3

A photo posted by Alexandra (@alexandraandresen) on

She has one sister, Katharina, who is a year older, making her the second-youngest billionaire in the world.

My favourite guy ❤️ #happyfathersday

A photo posted by Katharina G. Andresen (@kgandresen) on

Andresen sisters. We do make a killer team 👯

A photo posted by Katharina G. Andresen (@kgandresen) on

Meanwhile, her father sold the family’s stake in the tobacco business to Skandinavisk Tobakskompagni for nearly $500 million in 2005.

Two years later, Johan transferred a 42% stake of the company each to Alexandra and Katharina. Alexandra was 10.

But Johan still controls the company, and Alexandra’s and Katharina’s wealth has only become public because Norway publishes the tax returns of any person over 17.

☝🏻👆🏼🖐🏼🙌🏻👊🏻 Photo by: Frédéric Boudin

A photo posted by Katharina G. Andresen (@kgandresen) on

 

DA 300 x 300

 

Alexandra is a three-time junior Norwegian dressage champion. Here she is receiving the AEG Galla 2014 Best Achievement of the Year Award.

AEG galla 2014. Best achievement of the year.

A photo posted by Alexandra (@alexandraandresen) on

She is now sponsored by Kingsland, an equestrian company, for her dressage competitions.

The beautiful Floricello✨ Kingsland Dressage Summer Collection 2014 Photo by Jannick Børlum

A photo posted by Alexandra (@alexandraandresen) on

So far, Katharina appears the most likely of the two sisters to work at Ferd, having completed an internship at the family company.

Studying abroad was definitely the right decision ✨ #Saturday #Amsterdam

A photo posted by Katharina G. Andresen (@kgandresen) on

Meanwhile, Alexandra is still unsure about the future. She said in an interview on Ferd’s website: “I feel a great responsibility.

In a way I think that I have not made me deserving of this, while I want to help develop Ferd and make it even better. Finding a way to give something back, I think is difficult.”

We’ll be back

A photo posted by Alexandra (@alexandraandresen) on

But in another interview last year with Eurodressage magazine, she said: “This is what I want to do for the rest of my life — ride!”

Winning Prix St. George today with 71,118%! Massimo was a king👑 @kingslandequestrian @samshield_scandinavia

A photo posted by Alexandra (@alexandraandresen) on

Apart from the horse-riding circuit, she lives a relatively low-key life.

Finally graduated🙌🏼 13 loooong years of suffering

A photo posted by Alexandra (@alexandraandresen) on

Though she does like the occasional holiday.

Beautiful view

A photo posted by Alexandra (@alexandraandresen) on

She’s close to her mother, who shares her love of horse riding.

Photo by Janne Møller-Hansen

A photo posted by Alexandra (@alexandraandresen) on

Alexandra also has a 24-year-old boyfriend, Joachim Tollefsen, a professional mixed-martial-arts fighter from Norway.

Happy Valentinesday❤️

A photo posted by Alexandra (@alexandraandresen) on

But the love of her life is her horse riding, which dominates her Instagram account and all her social-media activity.

The Artic Equestrian Games is coming up soon! Belamour is almost back in shape after his holliday😄 Can’t wait!

A photo posted by Alexandra (@alexandraandresen) on

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