What is Katharina Andresen Net Worth? How much is Katharina Andersen Earning? Is she richer than Alexandra Andersen?
Katharina Andresen is 20 years old Norwegian and one of the world’s youngest billionaires of the world. As of March 2016, she is ranked as the world’s second youngest billionaire. She inherited her father’s stake along with Alexandra Andersen (sister) in Norway’s Ferd holdings. Her father, Johan Andresen, transferred each of the sisters 42% stock of Ferd.
The name from TIedemanns-gruppen was changed to Ferd in 2001. Ferd means “Journey” in Norwegian and was purchased by the sisters great-great-great- grandfather Johan Henrik Andresen from J.L.
Tiedemanns tobacco factory. Since then, the Andresen family has been a household name in Norway, primarily for their tobacco brand. The family however sold the tobacco business stake for $40 million to Skandinavisk Tobakskompagni in 2005.
Today, the company owns fifty percent of Aibel, Elopak, Tele Computing, Swix Sport and Interwell. Its other portfolios comprise of private equity, proper, stock and hedge fund investments.
It is said that stocks were transferred to them as way of making them engaged in the family business. However, there also was speculation on inheritance being made for tax reasons.
In an interview she said that, in 2014, she got 500 new Facebook friend requests after the details on her wealth were published. The billion dollar inheritance enabled, Katharina to flaunt her luxury lifestyle via her Instagram account.
She shares drinking champagne, heading off on exotic holidays, traveling on yachts, and taking selfie with Bikini. She also has model and actor, 20yrs old boyfriend, Mads Madsen. Having over 2500+ followers in Instagram, her Instagram photos seems more about her social life, clothing, families and friend circles.