About John Fredriksen
John Fredriksen is a shipping magnate and billionaire Cypriot businessman based in London who was born in Norway. Frontline, Seadrill, and Golden Ocean Group Limited are all part of Fredriksen’s shipping empire, which also includes the world’s largest fleet of oil tankers. Fredriksen started with a shipbroker in Oslo, and in the mid-1970s, he laid out his most memorable shipping organisation in Cyprus. He has established an extensive global shipping empire. He is known for his excellent business strategies and has been engaged with various high-profile questions and claims all throughout his profession.
John Fredriksen Family
Fredriksen was born in Etterstad, Oslo’s eastern half, on May 10, 1944, to a welder and his wife. Frederiksen originally got into oil exchange in the 1960s in Beirut, Lebanon, prior to purchasing his most memorable big hauliers during the 1970s.
John Fredriksen Career
During the 1980s Iran–Iraq War, when his tankers picked up oil at great risk and made a lot of money, he made a fortune. His biographer said that “he was the lifeline to the Ayatollah.” Later, Fredriksen would acquire more than seventy oil tankers and major stakes in oil rigs and fish farming, making him the world’s largest tanker owner. Costly double-hulled, environmentally friendly tankers dominate his fleet.
In 1985, Fredriksen’s tanker cargo losses caused the Norwegian insurance company Gard to become suspicious. A method for using heavy oil as bunker fuel was discovered during a private investigation. The case was handed over to the Norwegian police and in June 1986 Fredriksen’s workplaces in Oslo were looked at and a few of his closest partners, and sooner or later likewise Fredriksen, were put in confinement while the case was explored.
John Fredriksen Facts
His ability to make bold decisions and sharp business acumen is to blame for his success. His forceful strategies have also procured him a standing as a questionable figure in the business. Even with this, his charitable contributions have had a significant impact on a variety of causes, and he continues to be a prominent figure in the business community.
John Fredriksen Controversy
In 1985, the Norwegian insurance agency Gard became dubious about the misfortunes of freight from Fredriksen’s big hauliers. A confidential examination was started, and a framework for the utilisation of weighty oil as dugout fuel was uncovered. The case was handed over to the Norwegian police, who searched Fredriksen’s Oslo offices in June 1986. Several of his closest friends and, eventually, Fredriksen himself were taken into custody while the case was investigated.
John Fredriksen Net Worth
John Fredriksen’s net worth was estimated to be approximately $13.2 billion USD in 2023.
Personal Information
| Full Name | John Fredriksen |
| Father’s Name | Gunnar Fredriksen |
| Mother’s Name | Hedis Johanne |
| Siblings | Not Mention |
| Date Of Birth | 10 May 1944 |
| Age | 79 Years |
| Birth Place | Eidsvoll, Norway |
| Height | 6’ 8” |
| Education | Graduate |
| Net Worth | $13.4 Billion |
| Profession | Businessman |
| Relationship Status | Married |
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