John Fredriksen
Shipping · London
Net worth
$22.0B
Today
+$259M+1.19%Past month
−$1.2B−5.24%As of Nov 11, 2026, 1:50 PM EST
Fredriksen's empire includes oil tankers, dry bulkers, LNG carriers and deepwater drilling rigs. He first got into oil trading in the 1960s in Beirut, bought his first tankers in the 1970s, and ran crude for Iran in the 1980s. His offshore drilling rig firm Seadrill emerged from bankruptcy in 2018, with Fredriksen helping to raise about $1 billion in new debt and equity. He also owns a stake in Mowi, which has rolled up competitors to become the biggest fish farmer in the world. Though set to hand control to twins Kathrine and Cecilie, he has said "My daughters should not have to live with the work everyday I've had."
Net worth over time
Principal holdings
17 positions| Company | Industry | Share | Value |
|---|---|---|---|
Private and other holdings | Logistics | 59.3% | $13.0B |
Frontline Ltd. - NOK OSLO: FRO-NO | Logistics | 15.8% | $3.5B |
Marine Harvest ASA OSLO: MOWI-NO | Logistics | 8.0% | $1.8B |
International Seaways NYSE: INSW | Logistics | 3.7% | $812M |
Valaris NYSE: VAL | Logistics | 2.7% | $592M |
Flex LNG NYSE: FLNG | Logistics | 2.7% | $585M |
DOF Group OSLO: DOFG-NO | Logistics | 1.8% | $400M |
Ship Finance International Ltd. NYSE: SFL | Logistics | 1.3% | $277M |
Paratus Energy Services OSLO: PLSV-NO | Logistics | 1.2% | $259M |
Var Energi OSLO: VAR-NO | Logistics | 1.1% | $230M |
Norwegian Air Shuttle ASA OSLO: NAS-NO | Logistics | 0.9% | $201M |
NorAm Drilling OSLO: NORAM-NO | Logistics | 0.4% | $97M |
Axactor OSLO: ACR-NO | Logistics | 0.3% | $74M |
Northern Ocean OSLO: NOL-NO | Logistics | 0.3% | $70M |
Medistim OSLO: MEDI-NO | Logistics | 0.3% | $60M |
Archer Limited US OTC: ARHVF | Logistics | 0.3% | $55M |
KLX Energy NASDAQ: KLXE | Logistics | 0.0% | $849K |
Also known for
- Fredriksen gave up his Norwegian citizenship in favor of tax-haven Cyprus.
- Fredriksen operates out of a 30,000 square foot mansion in London and relaxes in Marbella.
“I've been doing this for 50 years. If I stopped I would probably drop dead.”