World's Youngest billionaires on Forbes list who inherited $1.2bn publicises her luxury lifestyle - CVIEW NEWS

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Wednesday, 2 March 2016

World's Youngest billionaires on Forbes list who inherited $1.2bn publicises her luxury lifestyle


She has just been named one of the world's youngest billionaires, and Katharina Andresen has wasted no time in boasting of her dream life, sunbathing on superyachts, enjoying champagne-fuelled holidays and driving luxury cars.
But the stylish 20-year-old Norwegian socialite insists that she does not have it easy.
As well as complaining about the conditions at her digs at Amsterdam University College, where she has just enrolled, she has told interviewers of the difficulties of growing up with fantastic wealth.

Girlfriends: Katharina is always surrounded by a group of friends, whether they're lounging on a luxury private yacht in the sun, or catching up over glasses of wine in Amsterdam
Girlfriends: Katharina is always surrounded by a group of friends, whether they're lounging on a luxury private yacht in the sun, or catching up over glasses of wine in Amsterdam


Posting a picture of her dormitory room, the tobacco heiress lamented the loss of 'my big room, my pop art, my clothes, shoes' and slammed the 'small sh**ty student dorms' which she is now forced to call home. 
Andresen, who together with her younger sister Alexandra was handed the family's $1.2billion fortune by her father, makes no secret of her love for lavish living. Whether lounging by hotel pools, eating foie gras or modelling fur coats, she keeps her 2,536 followers on Instagram up to date.

Extravagant: Katharina's Instagram page gives a glimpse into the lifestyle of one of the world's youngest billionaires - filled with luxury holidays, private yachts and glamorous outfits
Extravagant: Katharina's Instagram page gives a glimpse into the lifestyle of one of the world's youngest billionaires - filled with luxury holidays, private yachts and glamorous outfits
High-flyers: Norwegian Katharina Andresen, 20, and her 19-year-old sister Alexandra have been named on the Forbes list of the world's billionaires for the first time - making them two of the youngest people on the list
High-flyers: Norwegian Katharina Andresen, 20, and her 19-year-old sister Alexandra have been named on the Forbes list of the world's billionaires for the first time - making them two of the youngest people on the list
Big money: The sisters inherited their fortune from their father Johan F. Andresen, who transferred his stake in Norway’s biggest company, Ferd Holdings, to his daughters in 2007
Big money: The sisters inherited their fortune from their father Johan F. Andresen, who transferred his stake in Norway's biggest company, Ferd Holdings, to his daughters in 2007
Selfie: The sisters made the list this year for the first time as they both now are above 17 and are required to publish their tax returns, meaning their personal fortunes were made public
The sisters made the list this year for the first time as they both now are above 17 and are required to publish their tax returns, meaning their personal fortunes were made public
Selfie: The sisters made the list this year for the first time as they both now are above 17 and are required to publish their tax returns, meaning their personal fortunes were made public
Larking about: The Instagram page is replete with images of sunny holidays in exotic locations, including the Galapagos Islands, Ecuador, New York and Italy to name a few
Larking about: The Instagram page is replete with images of sunny holidays in exotic locations, including the Galapagos Islands, Ecuador, New York and Italy to name a few
Alexandra Andresen trains with her horses in Instagram video
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The jetsetter revels in back-to-back holidays in exotic locations – including on the Sunny Hill superyacht, a chartered boat with six crew that sleeps '12 guests in five staterooms', and costs $53,752 per week to hire in the summer.
The extravagant vessel boasts fine dining facilities, a cinema-quality television, wood-panelled interiors and a jacuzzi on deck.
Beneath a pouting Instagram selfie on a sun-drenched yacht, glamorous Andresen wrote, 'planning Spring Break, any suggestions?' Recommendations from her friends ranged from Thailand and Laos to Sydney, Australia.
Other holiday locations enjoyed by the billionaire heiress include Ecuador, New York, Italy, London, Oxford and the Galapagos Islands. Andresen also has an enthusiasm for expensive shoes – particularly Jimmy Choo and Valentino – and is an avid collector of pop art.
She's joined in a number of the snapshots by her model boyfriend Mads Madsen, who seems more than happy to show off his six-pack whether on the beach or just rustling up a bite to eat in the Andresen family kitchen. 
After growing up in a wealthy residence close to Oslo's biggest park, Andresen became a student at Amsterdam University College, apparently studying social science, and suggests she is finding it difficult to adjust. Alongside a picture of foie gras, canapés and champagne at Amsterdam airport, she wrote, 'is it allowed to say that I'm 75 per cent student?' 
Both girls are partly British-educated, attending Forres Sandle Manor boarding prep school in Fordingbridge, Hampshire, which charges £25,000 per year. 
Country living: Both the sisters enjoy the great outdoors. Katharina talks about enjoyment of hunting alongside pictures of a rifle, while teenage Alexandra is a professional horse rider
Glamorous: Katharina reinforces her domineering image by posing in a floor-length fur coat with a bottle of champagne
Glamorous: Katharina reinforces her domineering image by posing in a floor-length fur coat with a bottle of champagne (left) and (right) showcases another work outfit of a sleek black dress and oversize handbag
Exotic: The family spends a lot of time on the high seas, pictured lounging on extravagant yachts surrounded by equally-tanned friends
Exotic: The family spends a lot of time on the high seas, pictured lounging on extravagant yachts surrounded by equally-tanned friends
Part-time student: Flying back from university for the holidays, Katharina posted this snapshot of her extravagant airport snack of champagne and canapés. In the caption she wrote: 'Is it allowed to say that I’m 75% student?’
Part-time student: Flying back from university for the holidays, Katharina posted this snapshot of her extravagant airport snack of champagne and canapés. In the caption she wrote: 'Is it allowed to say that I'm 75% student?'
New digs: Katharina's new student dorms, which she says in the caption she has 'made the best of'. But it can't contain all her clothes, shoes and handbags from home
New digs: Katharina's new student dorms, which she says in the caption she has 'made the best of'. But it can't contain all her clothes, shoes and handbags from home
Luxury: The 20-year-old student is pictured topping up her tan sitting by a pool in the sun, wearing a white bikini and an elaborate bracelet 
Luxury: The 20-year-old student is pictured topping up her tan sitting by a pool in the sun, wearing a white bikini and an elaborate bracelet 
Perfect pair: 20-year-old Katharina's boyfriend, model and actor Mads Madsen takes a moment to relax in the sunshine, watching the waves
Perfect pair: 20-year-old Katharina's boyfriend, model and actor Mads Madsen takes a moment to relax in the sunshine, watching the waves
Young love: The 20-year-old's social media is full of images of her together with her equally-glamorous boyfriend, model Mads Madsen
Young love: The 20-year-old's social media is full of images of her together with her equally-glamorous boyfriend, model Mads Madsen
Girl racer: The 20-year-old student at Amsterdam University College is seen behind the wheel of a BMW, with fingers bedecked with rings
Girl racer: The 20-year-old student at Amsterdam University College is seen behind the wheel of a BMW, with fingers bedecked with rings
Strike a pose: Katharina is a prolific Instragramer, posting regular selfies of her life around Amsterdam and Oslo to her 2,500 followers
Strike a pose: Katharina is a prolific Instragramer, posting regular selfies of her life around Amsterdam and Oslo to her 2,500 followers
The 20-year-old often snaps a shot of a glass of wine or a bite to eat, including this foie gras
The 20-year-old is pictured in a Victoria Beckham dress
High life: The 20-year-old often snaps a shot of a glass of wine or a bite to eat, including this foie gras (left). A photo of Katharina posing in a Victoria Beckham dress (right) has attracted comparisons to Claire Underwood from House of Cards

In 2013, the University of Amsterdam ranked second-lowest among university colleges in Holland 
The girls' father has done everything he could to ensure that his wealth does not go to their heads. While he allows them to buy themselves 'nice cars', for example, these must always be second-hand. 
Andresen, who with her short, blond hair has attracted comparisons to Claire Underwood, the machiavellian First Lady in the House of Cards television series, has a waspish wit and takes no prisoners when it comes to her critics.
When one Instagram user criticised the morality of her family's tobacco billions – writing 'you guys help kill a lot of people by supplying their addictions' – the sharp-tongued Ms Andresen retorted, 'that is one of the biggest reasons we sold the company. You should do your research before commenting'.
In one picture she reinforces her domineering image by posing in a floor-length fur coat brandishing a cigarette and a bottle of champagne, under the caption 'the boss'.  
Katharina has worked in the family firm, and has particularly focussed on its philanthropy arm. 'I could choose not to work and not to do some things, but I will take part in the community and look forward to it,' she told her company's corporate magazine.  
In an interview with Norwegian television last year, the socialite spoke of the difficulties of growing up with such privilege. 
She told how, during a lunch break at her primary school in Majorstuen, a wealthy Oslo suburb, her schoolmates looked over and saw she had 15,000 kroner (£1,200) in her account.
'When the boys saw that they were shocked,' she said. 'It has been important for me when I get to know new people, so that they see me and not the money. I have to see how the person is before I let them get close to me.'
All aboard: A large yacht floats in a bay surrounded by green hills and palm trees, in just one snapshot from Katharina's many holidays
All aboard: A large yacht floats in a bay surrounded by green hills and palm trees, in just one snapshot from Katharina's many holidays
Party boat: Katharina always seems surrounded by friends and family when on her exotic holidays - all equally glamorously dressed
Party boat: Katharina always seems surrounded by friends and family when on her exotic holidays - all equally glamorously dressed
Amateur chef: Model boyfriend Mads Madsen rustles up a little something in the kitchen in the family home - happy to show off his six pack
Amateur chef: Model boyfriend Mads Madsen rustles up a little something in the kitchen in the family home - happy to show off his six pack
Animal lover: While she admits to giving up horse riding three years ago - unlike her sister - Katharina is often seen snuggling up to one
Animal lover: While she admits to giving up horse riding three years ago - unlike her sister - Katharina is often seen snuggling up to one
Family home: Katharina posts a snapshot of the living room, filled with elegant furniture with the family's art collection on the walls 
Family home: Katharina posts a snapshot of the living room, filled with elegant furniture with the family's art collection on the walls 
Quite a view: Katharina's model boyfriend Mads Madsen leans nonchalantly against the roof of the pool house, which looks out over lush green valleys
Quite a view: Katharina's model boyfriend Mads Madsen leans nonchalantly against the roof of the pool house, which looks out over lush green valleys



The revelations about the heiress' 'rich-kid' lifestyle come as no surprise following the news that she and Alexandra were named on the Forbes list of the world's billionaires for the first time.
The Andresen girls were ranked as the 1,475th and 1,476th richest people in the world after their father, Johan F Andresen, transferred his stake in Norway's biggest company, Ferd holdings, to his daughters in 2007.   
Their personal fortunes were kept private until they were over the age of 17, when they were required by law to publish their tax returns, leading to details of their vast wealth being made public for the first time.
The Andresen family company was built on the tobacco industry, with the sisters' great-great-great grandfather founding Norway's biggest cigarette manufacturer. It was sold for $500 million in 2005 and the money was invested in property and hedge funds.
Two years later, Johan Andresen gave 80 per cent of his shares in the company to his daughters. 
Kerry Dolan, assistant managing editor at Forbes, told the Telegraph that family fortunes were handed over to the younger generation more readily in Scandinavia, possibly for tax reasons. 
Katharina's sister, Alexandra Andresen, 19, a professional horsewoman, has been named the youngest billionaire in the world.
But despite her incredible personal wealth, the younger sister appears to be more at home with her horses and lives in Germany where she competes in dressage.  
Sunshine: A group of Katharina's friends enjoy a relaxing boat tour in the sunshine, topping up on their permanent tans 
Sunshine: A group of Katharina's friends enjoy a relaxing boat tour in the sunshine, topping up on their permanent tans 
Fashionable: The 20-year-old regularly posts snapshots of new clothes and says she enjoys putting together outfits for other days
Fashionable: The 20-year-old regularly posts snapshots of new clothes and says she enjoys putting together outfits for other days
Summertime: Even when the weather is wintry in her home country or in the Netherlands, where she goes to university, Katharina can  jet off to a sunnier location
Summertime: Even when the weather is wintry in her home country or in the Netherlands, where she goes to university, Katharina can jet off to a sunnier location
Cute companions: The sisters are both animal-mad and, as well as horses, are surrounded by a pack of dogs including Alexandra's Great Dane and Katharina's English bull dog
Cute companions: The sisters are both animal-mad and, as well as horses, are surrounded by a pack of dogs including Alexandra's Great Dane and Katharina's English bull dog
Young and beautiful: It's easy to see why Katharina struggles to define herself as a student with such glamorous places to hang out 
Young and beautiful: It's easy to see why Katharina struggles to define herself as a student with such glamorous places to hang out 
Kicking back: It was the first time the sisters have appeared on the list and they are ranked as the 1,475th richest people in the world
Kicking back: It was the first time the sisters have appeared on the list and they are ranked as the 1,475th richest people in the world

She has won several accolades on her horse Belamour at the European Junior Riders Championships. Her boyfriend is said to be Joachim Tollefsen, 24, a professional mixed martial arts fighter, also from Norway.
In an interview on her company website, she was asked about her family wealth and argued that money does not necessarily guarantee success.
She said: 'I feel a great responsibility. In a way I think that I have not made ​​me deserving of this, while I want to help develop Ferd and make it even better.
'Finding a way to give something back, I think is difficult. The fact that my family has resources has given me many opportunities, especially in the riding, because it requires a lot of capital.
'But it is not enough to have money to succeed.'  
Fashion mad: It was the first time the sisters have appeared on the list and they are ranked as the 1,475th richest people in the world
Student life: Katharina posted this picture (right) with the caption: ‘I should never complain. But I do miss my longer hair, my big room, my pop art, my clothes, shoes and handbags. #student life. Small s***** student dorms'
Student life: Katharina posted this picture (right) with the caption: 'I should never complain. But I do miss my longer hair, my big room, my pop art, my clothes, shoes and handbags. #student life. Small s***** student dorms'
Group gathering: A group of the sisters' friends relax with beers in the sunshine. The siblings are among the youngest people in the world to have more than a billion dollars, according to Forbes
Group gathering: A group of the sisters' friends relax with beers in the sunshine. The siblings are among the youngest people in the world to have more than a billion dollars, according to Forbes
Showtime: Katharina's younger sister, 19-year-old Alexandra, is a professional horse rider, and Katharina is also often around the horses
Showtime: Katharina's younger sister, 19-year-old Alexandra, is a professional horse rider, and Katharina is also often around the horses
Big night out: Katharina's Instagram page revolves around clothes and social life, and meeting up with friends tends to combine the two
Big night out: Katharina's Instagram page revolves around clothes and social life, and meeting up with friends tends to combine the two
Sizzling: A group of Katharina's male companions drink beer while standing around shirtless in the sun, while another friend relaxes on a sunlounger
Sizzling: A group of Katharina's male companions drink beer while standing around shirtless in the sun, while another friend relaxes on a sunlounger
Life of luxury: Katharina shares a snapshot of a secluded stretch of beach surrounded by palm trees with her 2,500 followers
Life of luxury: Katharina shares a snapshot of a secluded stretch of beach surrounded by palm trees with her 2,500 followers




Source- Dailymail Uk

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