John Fredriksen Biography
John Fredriksen, born 10 May 1944, is a Norwegian-born shipping mogul and billionaire that has actually made a considerable impact on the global maritime sector. Originally from Oslo, Norway, Fredriksen has actually developed himself as one of the wealthiest people worldwide with an estimated total assets of $11.4 billion since 2021.
Fredriksen's trip to success began with a modest training as the only youngster of a Norwegian welding supervisor. He completed his secondary education at a neighborhood profession school prior to getting in the maritime service in the very early 1960s. At age 18, he started functioning as a carrier for a shipping broker agent firm. This initial experience laid the foundation for his exceptional occupation in the shipping industry.
With an entrepreneurial spirit and a flair for identifying opportunities in delivery, Fredriksen progressively expanded his perspectives by taking part in the acquisition and also sale of used oil vessels. At a time when petroleum transportation was becoming an important facet of the worldwide economic situation, Fredriksen's sharp investments allowed him to accumulate a rewarding fleet of oil tankers. Throughout the 1970s and 1980s, he established his firm, Frontline Ltd, which would certainly later on turn into one of the globe's biggest operator of supertankers.
In the 1990s, Fredriksen's fortunes skyrocketed as he maximized the chaos throughout the Iranian Revolution and the Iran-Iraq War to make substantial revenues by transferring oil through battle zone at filled with air prices. This debatable duration in his occupation made him the nickname, "Big Wolf", yet also strengthened his online reputation as an intelligent and qualified businessman.
An ardent supporter of threat management, Fredriksen diversified his service interests with investments in a number of other industries, consisting of fish farming, boring, and also logistics. His firm, Marine Harvest, has actually turned into one of the world's largest salmon producers, as well as Seadrill Ltd, his oil piercing business, rates as one of the leading offshore boring specialists worldwide.
John Fredriksen's individual life has actually been extensively recorded, as well. In 2006, he relinquished his Norwegian citizenship and also came to be a person of Cyprus, pointing out tax obligation reasons for the adjustment. Complying with the terrible death of his better half, Inger Astrup Fredriksen, in 2006, he has taken a much more active function in the childhood of their twin little girls, Cecilie and also Kathrine. Taking after their dad, the Fredriksen sisters are heavily involved in the household company, acting as directors of numerous firms under the Fredriksen Group umbrella.
Frequently called reclusive and shy, John Fredriksen has very carefully crafted his enigmatic persona, enabling his success to promote itself. With a deep participation in the global supply chain and constant rankings among the richest people in the world, Fredriksen has become a living testament to the power of ambition as well as effort in attaining phenomenal success.
Our collection contains 10 quotes who is written / told by John, under the main topic
Business.
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