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John Fredriksen
Rank #156

John Fredriksen

$11783.9B

London, , Cyprus

Logistics

Biography

Fredriksen's empire includes oil tankers, dry bulkers, LNG carriers and deepwater drilling rigs.

He first got into oil trading in the 1960s in Beirut, bought his first tankers in the 1970s, and ran crude for Iran in the 1980s.

His offshore drilling rig firm Seadrill emerged from bankruptcy in 2018, with Fredriksen helping to raise about $1 billion in new debt and equity.

His biggest holding is Marine Harvest, now named Mowi, which has rolled up competitors to become the biggest fish farmer in the world.

Though set to hand control to twins Kathrine and Cecilie, he has said "My daughters should not have to live with the work everyday I've had."

Financial Assets

Archer Limited

US OTC: ARHVF-US

Shares: 18,200,000

Axactor

OSLO: ACR-NO

Shares: 138,900,000

Edda Wind

:

Shares: 6,500,000

Euronav NP (EURN)

NYSE: EURN-US

Shares: 19,800,000

Frontline Ltd. - NOK

OSLO: FRO-NO

Shares: 79,145,000

Golden Ocean

NASDAQ: GOGL-US

Shares: 78,800,000

Marine Harvest ASA

OSLO: MOWI-NO

Shares: 74,300,000

Northern Drilling

OSLO: NODL-NO

Shares: 6,360,000

Norwegian Air Shuttle

:

Shares: 134,000,000

Norwegian Property ASA

OSLO: NPRO-NO

Shares: 643,000,000

Seadrill Ltd.

US OTC: SDRLF-US

Shares: 27,190,000

Ship Finance International Ltd.

NYSE: SFL-US

Shares: 25,700,000