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At 19-years-old, Norwegian heiress Alexandra Andresen is the youngest billionaire in the world on Forbes’ 2016 Richest List. She inherited 42.2 percent of the fortune from her father, Jonah H. Andresen, who made his money as the leading cigarette maker in the tobacco industry.
The company — J.L. Tidemanns tobacco factory — was bought by Alexandra’s great-great-great grandfather in 1849. Her father sold it for $500 million in 2005 and put his earnings into property and hedge finds.
1. Who is she?
Andresen is the daughter of Johan Andresen, a Norwegian investor from Oslo.
Aged 11, Andresens studied at the Forres Sandle Manor boarding school in Fordingbridge for a year before continuing her education in Oslo, according to The Telegraph.
2. Education
She is now studying social science at Amsterdam University College and shows no signs of moving towards becoming an active owner of the family company.
She is also a sponsored dressage rider who dedicates much of her Instagram to her horses. Her equestrian passion takes centre stage in her life and after winning three dressage championships, Andresen is now focusing on her professional riding career. She told Eurodressage in 2015: “This is what I want to do the rest of my life, ride!”
3. Relationship
She is believed to be in a relationship with Joachim Tollefsen, a 24-year-old professional mixed-martial-arts fighter.
4. Where does her family's money come from?
Tobacco. The family were involved in the tobacco industry with their brand Tiedemanns until 2005 before selling their stake to Skandinavisk Tobakskompagni for almost $500 million. Now, the Ferd investment company predominantly manages hedge funds.
5. Why is she famous now?
Andresen’s name has entered headlines recently because of her status as the youngest billionaire in the world. However, she lived in relative obscurity until the age of 17, when Norwegian authorities begin publishing annual tax return figures.
6. What does she do with her money?
“I actually save all the time, I have always done,” Andresen told Ferd’s corporate magazine in 2015.
“I save when I get my weekly allowance, and I save the cash prizes I win in competitions or if I get money as a gift for my birthday. It means I can buy myself things I really want, like a bag or a pair of shoes, without having to ask mum or dad for money.
The company — J.L. Tidemanns tobacco factory — was bought by Alexandra’s great-great-great grandfather in 1849. Her father sold it for $500 million in 2005 and put his earnings into property and hedge finds.
1. Who is she?
Andresen is the daughter of Johan Andresen, a Norwegian investor from Oslo.
Aged 11, Andresens studied at the Forres Sandle Manor boarding school in Fordingbridge for a year before continuing her education in Oslo, according to The Telegraph.
2. Education
She is now studying social science at Amsterdam University College and shows no signs of moving towards becoming an active owner of the family company.
She is also a sponsored dressage rider who dedicates much of her Instagram to her horses. Her equestrian passion takes centre stage in her life and after winning three dressage championships, Andresen is now focusing on her professional riding career. She told Eurodressage in 2015: “This is what I want to do the rest of my life, ride!”
3. Relationship
She is believed to be in a relationship with Joachim Tollefsen, a 24-year-old professional mixed-martial-arts fighter.
4. Where does her family's money come from?
Tobacco. The family were involved in the tobacco industry with their brand Tiedemanns until 2005 before selling their stake to Skandinavisk Tobakskompagni for almost $500 million. Now, the Ferd investment company predominantly manages hedge funds.
5. Why is she famous now?
Andresen’s name has entered headlines recently because of her status as the youngest billionaire in the world. However, she lived in relative obscurity until the age of 17, when Norwegian authorities begin publishing annual tax return figures.
6. What does she do with her money?
“I actually save all the time, I have always done,” Andresen told Ferd’s corporate magazine in 2015.
“I save when I get my weekly allowance, and I save the cash prizes I win in competitions or if I get money as a gift for my birthday. It means I can buy myself things I really want, like a bag or a pair of shoes, without having to ask mum or dad for money.