John Fredriksen
Overview
- Source of Wealth
- Shipping
- Industry
- Logistics
- Residence
- London
- Marital Status
- Widowed
- Children
- 2
Assets
- Archer Limited30,452,153 shares @ --ARHVF-US
- Axactor163,769,743 shares @ --ACR-NO
- DOF Group29,870,269 shares @ --DOFG-NO
- Flex LNG23,118,636 shares @ --FLNG-US
- Frontline Ltd. - NOK79,145,703 shares @ --FRO-NO
- International Seaways8,266,856 shares @ --INSW-US
- KLX Energy754,273 shares @ --KLXE-US
- Marine Harvest ASA74,290,000 shares @ --MOWI-NO
- Medistim1,815,978 shares @ --MEDI-NO
- NorAm Drilling20,818,658 shares @ --NORAM-NO
- Northern Ocean104,066,597 shares @ --NOL-NO
- Norwegian Air Shuttle ASA140,063,236 shares @ --NAS-NO
- Paratus Energy Services49,341,840 shares @ --PLSV-NO
- Ship Finance International Ltd.25,728,687 shares @ --SFL-US
- Valaris7,501,913 shares @ --VAL-US
- Var Energi45,000,000 shares @ --VAR-NO
Biography
Fredriksen's empire includes oil tankers, dry bulkers, LNG carriers and deepwater drilling rigs.
He first got into oil trading in the 1960s in Beirut, bought his first tankers in the 1970s, and ran crude for Iran in the 1980s.
His offshore drilling rig firm Seadrill emerged from bankruptcy in 2018, with Fredriksen helping to raise about $1 billion in new debt and equity.
He also owns a stake in Mowi, which has rolled up competitors to become the biggest fish farmer in the world.
Though set to hand control to twins Kathrine and Cecilie, he has said "My daughters should not have to live with the work everyday I've had."
About
Fredriksen gave up his Norwegian citizenship in favor of tax-haven Cyprus.
Fredriksen operates out of a 30,000 square foot mansion in London and relaxes in Marbella.