Thursday, January 12, 2017

This 20-year old Norwegian girl is the world's youngest billionaire

At 20 years old, Norwegian Alexandra Andresen is the world's youngest dollar billionaire. Her one year older big, Katharina, is the second youngest. 

The Andersen family's fortune comes mainly from the tobacco brand Tiedemanns, which was founded by Alexandra's great-great-great-grandfather. After the brand was sold in 2005 for nearly half a billion dollars, Alexandras father, Johan F. Andresen, transferred 84 percent of the equity in Ferd to his two daughters in 2007. 

The 42 percent of the family empire, puts Alexandra's and Katharina's net wealth at about $1.2 billion dollars each, according to Forbes.

”I feel a great sense of responsibility. In a way, I feel that I don't deserve this, but at the same time I want to help Ferd become even better. I think it's difficult to find a way to give something back" says Alexandra on the homepage of Ferd, the family's centuries-old investment firm.

Alexandra Andersen currently lives in Germany, where she is a professional dressage competitor. She has won several prestigious medals in the sport.

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