10 Things You Didn’t Know About Katharina Andresen

Katharina Andresen, an heiress of Norway’s largest company, Ferd AS, has certainly been one of the youngest billionaires in recent years, but how much do you really know about her? In this article, we will share with you 10 things you likely didn’t know about Katharina Andresen.

1. Youngest billionaire in Norway

What may come as a surprise to many is that Katharina became a billionaire at the very young age. In 2007, at age 11, she inherited 42% of Ferd, her family’s investment firm that has interests in various industries such as real estate, private equity, and hedge funds. Her father, Johan H. Andresen, shared the family’s wealth between Katharina and her older sister, Alexandra.

Following the family fortune inheritance, she became Norway’s youngest billionaire, and for several years, she held the title globally.

2. Educational Background

Katharina isn’t just heir to her family’s wealth; she’s also educated and holds a bachelors degree. Katharina attended the prestigious European Business School in London, United Kingdom, where she obtained her Bachelor’s degree in Social Sciences.

During her university education, she managed to balance her studies with her responsibilities towards maintaining her family’s wealth and taking role in the operations of Ferd.

3. Passion for Horse Riding

Outside of her work obligations and studies, Katharina has several other interests that keep her occupied. One such interest is horse riding. She is an avid equestrian, and has competed at a high level in the sport.

Katharina has often talked about her love for horses and the sport. She utilizes horse riding not just as recreational activity but also as a way to focus her mind and plan for her future business pursuits.

4. Katharina’s DUI Incident

In late 2017, Katharina was involved in a drunk-driving accident in Norway. She was ordered by the court to pay a fine of around $30,400 and her license was suspended for 13 months. She admitted to failing the breathalyzer test after she hit a series of road warning posts.

This incident was major news in Norway and received a lot of media attention. Katharina took responsibility for her actions and used the incident as a learning lesson.

5. Her Work at Ferd

Despite her young age, Katharina is not just an heir but takes an active role in her family’s firm, Ferd. She works alongside her sister and father, participating in decision-making processes and contributing to strategic planning.

The business operations of Ferd are diverse, from hedge funds to real estate, giving Katharina exposure to multiple industries and helping her build a versatile business profile.

6. She Almost Joined a Reality Show

In an interesting turn of events, Katharina was once rumored to be joining the popular television show “Paradise Hotel”. However, she eventually decided against it following advice from her father.

Her association with the show and her subsequent decision to opt out received significant media attention and added to her already significant public profile.

7. Shares Her Wealth with Her Older Sister

While she is one of the wealthiest young people in the world, Katharina isn’t an only child. She shares her wealth with her older sister, Alexandra, who also inherited 42% of Ferd. The two sisters share a close bond and frequently appear together in public.

Despite their young age, both sisters handle significant wealth and contribute their talents and knowledge to the family’s business operations.

8. She’s a Philanthropist

Katharina and her family are known for their philanthropy. Ferd’s social entrepreneurs division invests in companies with a social impact, aiming to combine financial investments with the mission of creating social change.

By continuing her family’s philanthropic tradition, Katharina continues to epitomize the concept of ‘giving back’, despite her young age and immense wealth.

9. She Has a Fondness for Art

In addition to her business interests and horse riding, Katharina has a passion for culture and art. She is a collector and often shares her latest acquisitions on social media.

Her support for artists aligns with her philanthropic endeavors, showing a commitment to fostering creativity and enriching society through her support for the arts.

10. She’s a World Traveler

With her vast wealth, Katharina has had the opportunity to become a global traveler. She frequently travels to new countries and shares her experiences on her social media accounts.

Her love for travel points to a curiosity about the world and a desire to learn from diverse cultures. This trait is also reflected in her investment decisions and the global footprint of her family’s firm, Ferd.

In conclusion, despite her quiet personal demeanor, Katharina Andresen is a fascinating figure, combining business acumen, a passion for culture and sport, and a strong social and philanthropic commitment. Her youthful success and marked resilience provide a model for young future billionaires the world over.

Useful Links

Forbes Profile
Official Website of Ferd
Instagram account of Katharina