The company's major shareholder has revealed his latest actions seemingly aimed at a potential Seadrill rescue. Even for a billionaire like John Fredriksen this might become a difficult challenge. A ...

This story appears in the April 9, 2012 issue of Forbes Magazine. Shipping titan John Fredriksen’s $11 billion fortune has soared while the tanker industry has been tanking. His secret offers a lesson ...

Norwegian-born billionaire John Fredriksen appointed a hedge fund manager on Friday as next head of his family's key holding company, which controls assets ranging from oil tankers and rigs to real ...

LONDON/OSLO (Reuters) - He rose from humble working class origins to become the shipping world's leading magnate by following his gut instincts and taking huge risks. Secretive Norwegian billionaire ...

The ninth-richest person in the U.K. is officially leaving the country — joining a growing wave of billionaires heading for the exit in recent months. Norwegian-born Cypriot oil tanker and shipping ...

John Fredriksen is a frustrated hunter. The Norwegian shipping king and his oil tanker giant Frontline have spent the past year stalking tanker company DHT and its fleet of 23 oil tankers. The goal of ...

LIMASSOL, Cyprus--(BUSINESS WIRE)--Mr. John Fredriksen has appointed Mr. Jo Lunder as head of the Fredriksen Group, which will manage all of John Fredriksen’s current financial and industrial assets ...

With an estimated net worth of $17.3 billion, Fredriksen ranks 136th on the global billionaire list. In a dramatic fashion, shipping magnate John Fredriksen, ranked among Britain’s richest ...

John Fredriksen is a Norwegian-Cypriot oil and shipping magnate worth $12 billion which makes him the richest person in Cyprus. Born in Oslo, Norway, John Fredriksen began his professional career ...

OSLO, Aug 28 (Reuters) - Norwegian-born billionaire John Fredriksen appointed a hedge fund manager on Friday as next head of his family's key holding company, which controls assets ranging from oil ...