Biography John Fredriksen

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1 biography

1.1 family
1.2 business
1.3 fortune
1.4 philanthropy
1.5 gard case





biography
family

fredriksen born on 10 may 1944 welder , wife, , grew in etterstad in eastern half of oslo.


fredriksen widower , has 2 daughters: cecilie (born 1983) , kathrine astrup fredriksen (born 1983). fredriksen s former wife, dentist inger astrup fredriksen (died 2006), belonged 1 of astrup families in norway. father professor of psychiatry, , grand uncle painter nikolai astrup.


business

fredriksen made fortune during iran-iraq wars in 1980s, when tankers picked oil @ great risk , huge profits. described biographer, lifeline ayatollah. fredriksen later become world s largest tanker owner, more seventy oil tankers , major interests in oil rigs , fish farming. fleet dominated costly double-hulled, environmentally safer tankers.


in 2006, seadrill bought more 50 percent of smedvig, gaining control of company (51.24 percent of votes , 52.27 percent of capital). smedvig fredriksen s biggest ever deal. noble corp sold stake seadrill in 2009, leaving seadrill full control. fredriksen has been majority owner of vålerenga i.f. many years.


fortune

the sunday times rich list has ranked fredriksen s wealth £475m (2003), £1.050b (2004) , £1.887b (2005). in 2012, fredriksen , family listed 9th richest in britain combined wealth of £6.6bn. fredriksen owns houses in london, oslo, cyprus, , marbella, spain. collector of classic norwegian art.


philanthropy

fredriksen supports research projects @ radium hospital , has donated several hundreds of millions of norwegian kroner medical research @ hospitals in norway.


gard case

in 1985, norwegian insurance company gard became suspicious losses of cargo fredriksen s tankers. private investigation initiated, , system use of heavy oil bunker fuel revealed. case turned on norwegian police , in june 1986 fredriksen s offices in oslo searched , several of nearest associates, , after while fredriksen, placed in detention while case investigated.


after several years of arguments between various lawyers, case settled out of court. fredriksen had pay fine of 2 million nok risking crew s lives, , in addition had pay insurance company gard amount of on us$800,000.








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