Friday, 8 June 2012

75.John Fredriksen

John Fredriksen
Net Worth
$11.3 B As of March 2012

John Fredriksen
  • Age: 67
  • Source of Wealth: Shipping, Self-made
  • Residence: London, United Kingdom
  • Country of Citizenship: Cyprus
  • Marital Status: Widowed
  • Children: 2
Forbes Lists
A bad year for the shipping industry; so-so for Fredriksen. As seaborne trade has collapsed, so have shipping rates. In December Fredriksen had to backstop Frontline, the world's biggest oil tanker operator. The company has since been split in two, with the new entity Frontline 2012 taking the newest ships and most of the debt. Share prices have plunged for many of Fredriksen's shipping companies, [...] more

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