Norwegian teenager, Alexandra Andresen, aged 19, is
estimated to be worth a staggering $1.2 billion, making her the youngest
billionaire in the world. Her 20-year-old sister Katharina is also worth $1.2bn
thanks to the 42.2 per cent of the Ferd Holding company she and her sister both
own. Their father transferred the stock to his daughters in 2007 but still
maintains control of the company. She lived in relative obscurity until the age
of 17, when Norwegian authorities begin publishing annual tax return figures.
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.
1 comment:
They actually get their money from owning the collective product produced by their wage-slave hirelings. M-C-M' where M' is money.
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