Early Life
Alexandra Gamlemshaug Andresen was born on July 23, 1996, in Oslo, Norway. She is the daughter of Johan H. Andresen Jr., a Norwegian industrialist and owner of Ferd AS. In 2007, when she was just 11 years old, her father transferred ownership stakes of 42.2% each to Alexandra and her sister, Katharina, as part of their family's succession plan.
Rise to Success
Andresen's breakthrough came in 2016 when she became the world's youngest billionaire at the age of 19, a title she held for three consecutive years according to Forbes. Her wealth originates from her significant stake in Ferd AS, a diversified investment company with holdings in real estate, finance, and various Nordic companies. The company was founded in 1849 by her great-great-great grandfather Johan Henrik Andresen as a tobacco trading firm.
Key Business Strategies
While her father, Johan H. Andresen Jr., still runs Ferd AS and controls 70% of the votes, Alexandra sits on the board. Ferd AS has a strategy focused on active ownership and corporate development in private and listed companies, along with investments in financial assets and real estate development. The company also engages in impact investing and social entrepreneurship. Andresen's success reflects a long-term investment approach and active involvement in her family's investment firm.
Philanthropy
Alexandra Andresen is actively involved in philanthropic activities through the Ferd Foundation, which supports various charitable causes. However, specific monetary amounts for her philanthropic contributions are not readily available in the search results.