John Fredriksen's Biography

John Fredriksen is a Norwegian-Cypriot billionaire businessman best known for his dominance in the global shipping and oil industries. Born on May 10, 1944, in Oslo, Norway, Fredriksen rose from humble beginnings to become one of the world's most influential shipping magnates. He built his fortune during the tumultuous Iran-Iraq War of the 1980s, where he capitalized on the high demand for oil transportation. Fredriksen is the founder and owner of several major companies, including Frontline Ltd., Golden Ocean Group, and Seadrill Ltd. His business interests span oil tankers, offshore drilling, and seafood production, notably through Marine Harvest (now Mowi), one of the largest seafood companies globally. Despite his immense wealth, currently estimated at $13.5 billion, Fredriksen maintains a low public profile, rarely appearing in the media. He is known for his sharp business acumen, aggressive deal-making, and resilience through various market downturns. Over the decades, Fredriksen has faced both accolades and controversies, including legal disputes and environmental concerns associated with shipping. Nevertheless, his impact on the maritime industry is undeniable, making him a key figure in global commerce. Fredriksen enjoys yachting and fishing in his personal time and is recognized for his strategic investments and philanthropic efforts. He remains a prominent and influential personality in international business circles.