Alexandra Andresen
Young Millionaires

Alexandra Andresen (The Heiress, Youngest Billionaire)

Introduction

Alexandra Andresen is a Norwegian heiress. Her full name is Alexandra Gamlemshaug Andresen . She was born on 23 July 1996 to Johan and Kristin Andresen and went on to become the world’s youngest billionaire, although not confident at the age of 19 only in 2016. She held this position for three consecutive years on the Forbes list. Currently speaking, she is the world’s second-youngest billionaire. Her net worth is approximated at US$ 1.4 billion.

Early Life of Alexandra Andresen

In 1996, Alexandra was born to the Norwegian industrialist Johan H. Andresen Jr, owner of Ferd AS(a Norwegian holding company). In 2007, he transferred ownership shares of 42.2% each to Alexandra and her sister Katharina.
The family made their money from their tobacco brand. Her father sold the family’s shares in this tobacco business to Skandinavisk Tobakskompagni for nearly $500 million in 2005. Presently, Ferd mainly deals with hedge funds. Also, it is an active investor on the Nordic stock exchange and has private-equity investments.
Then two years later, when Alexandra was 10, her father transferred ownership in Ferd worth 42% each to her and her sister.
Johan still controls the company. The income of Alexandra and Katharine became public only because Norway publishes the tax return of people over 17.

Alexandra’s Career

Alexandra is the world’s second-youngest billionaire as of now. Despite this, she is a celebrated horse rider and has won numerous great competitions in dressage. She took up horse riding at a young age. She is fond of horses and dogs. In addition to this, eventually, she became a three-time junior Norwegian dressage champion. She is humble and values money. Even though her net worth is over a billion dollars, she saves her pocket money and drives second-hand cars.

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