Tuesday, 1 March 2016

# Alexandra Andresen # Forbes

Meet 'Alexandra Andresen' Teenage Horse Rider who Has Become The World's Youngest Billionaire

A Norway horse rider has become the world's youngest billionaire after amassing a $1.2billion fortune at the age of just 19.

Alexandra Andresen, a professional dressage competitor, was named by Forbes magazine named on their list of all people around the world worth at least one billion dollars with her sister Katharina, aged 20, also making the list and they are ranked as the 1,475th richest people in the world.

Miss Andresen accumulated her personal fortune after her father Johan F. Andresen transferred his stake in Norway's biggest company, Ferd Holdings, to his daughters in 2007.

Her family had made a fortune in the tobacco industry and her great, great, great grandfather founded Norway's biggest cigarette producer.
Her Father Johan F. Andresen
 In an interview on her company website, she talked about her family wealth but said it was not enough to just have money to succeed.

She said:
 '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

'The fact that my family has resources has given me many opportunities, especially in the riding, because it requires a lot of capital.

'But it is not enough to have money to succeed.'
As well as Miss Andresen and her sister making the list, the third youngest billionaire is Gustav Magnar Witzoe, another Norwegian.

- DailyMail

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