Alexandra Andresen: 19-year-old world’s youngest billionaire

For most people, becoming a billionaire is a dream that never turns into reality.

However, Alexandra Andresen comes under such microscopic minority who entered onto the Forbes billionaires list.

Alexandra Andresen: 19-year-old world's youngest billionaire

The 19-year-old Norwegian teenager is estimated to be worth an unbelievable $1.2 billion, making her the youngest billionaire in the world.

Andresen’s 20-year-old sister Katharina is also worth $1.2bn thanks to the 42.2 per cent of the Ferd Holding company she and her sister both own.

In 2007, her father transferred the stock to his daughters but he still maintains control of the company.

About Alexandra Andresen

Alexandra Andresen is the daughter of Johan Andresen, a Norwegian investor from Oslo.

At Amsterdam University College, she is studying social science.

She is believed to be in a relationship with Joachim Tollefsen (24) who is a professional mixed-martial-arts fighter.

Source of income for her family

The family were involved in the tobacco industry with their brand Tiedemanns. In 2005, they sold their stake to Skandinavisk Tobakskompagni for almost $500 million.

Now, the Ferd investment company predominantly manages hedge funds.