The world's youngest billionaire is worth an eye-popping $1.2billion.
Daily Mail reports that Alexandra Andresen comes in as one of the richest people on the planet, after inheriting millions from her business-man father Johan Andresen.
The Andresen family own Ferd, a long-running private investment company.
In 2007, the Norwegian beauty shot to the top spot as the youngest billionaire in the world when her father transferred 42% of the business to Anexandra.
Alexandra, who recently graduated from high school, is one of Norway's most successful horseback riders, according to Forbes . The teenager's incredible wealth was not widely known until recently, but her family's wealth goes back generations.Her great-great-great grandfather bought J.L. Tiedemanns tobacco factory in 1849, which later became the country's market-leading cigarette maker.
In 2005, the family sold the company for ethical reasons for a huge $500million.
They invested the money wisely in real estate, security and hedge funds, according to The Telegraph.
Older sister Katharina, who is the second youngest billionaire on Forbes's list, is currently a social science freshman at Amsterdam University College in the Netherlands.
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