Meet the world’s youngest billionaire

A recent graduate from high school Alexandra Andresen is one of the most promising horseback riders in Norway

At the age of just 19, Alexandra Andresen is the world's youngest billionaire, according to Forbes.

Neither having sprung from Silicon Valley nor a Hollywood star, the 19-year-old Norwegian is a professional dressage rider. Andresen and her sister Katharina, 20, came into 10-figure-fortunes when their father, Johan Andresen, transferred each of them 42% of family-owned investment company, Ferd.

Forbes compiled a record of all people worth at least a billion dollars, Miss Andresen is for the first time among those listed. Of the 1,810 people on the list, she is ranked 1,476th.

A recent graduate from high school Alexandra Andresen seems to be in no rush to be an active owner of the family-owned investment company and is instead one of the most promising horseback riders in Norway.



Alexandra and Katharina have not yet begun to run the company; their father Johan still controls it. Andresen appears to be more at home with her horses and lives in Germany where she rides professionally. Alexandra is also a three-time junior Norwegian champion in dressage riding.

With the global economy in turmoil in early 2016, women struggled to maintain their share of the Forbes list of the World’s Billionaires.

However, according to the Forbes the top 5 richest women of the world are as follows:

1) Liliane Bettencourt

Liliane Bettencourt of France tops the list of richest women in the world with a worth of $36.1 billion. She is also the 11th richest person on the Forbes list. Her fortune slipped $4 billion in the past year as shares of L’Oreal fell.

2) Alice Walton

Alice Walton is the second richest woman in the world with $32.3 billion. Her net worth is down $7.1 billion from last year due to a drop in the price of Wal-Mart stock. Walton is not actively involved in running the mega superstore chain her father Sam Walton founded in 1962.

3) Jacqueline Mars

Jacqueline Mars, the third richest woman in the world, is worth $23.4 billion, down $3.2 billion this year.



After their father’s death, Mars and her brothers inherited pet food and candy maker Mars in 1999. None of them play an active role in the company, which has $33 billion in annual revenue.

4) Maria Franca Fissolo

Maria Franca Fissolo of Italy, ranks as the 4th richest woman with a net worth of $22.1 billion. She is the widow of Michele Ferrero, who built Ferrero Group and died on Valentine’s Day last year.

5) Susanne Klatten

Susanne Klatten of Germany, is the world’s fifth richest woman with a net worth of worth $18.5 billion. Klatten secretly received additional shares of BMW from her mother over the years but the transfers only came to light when her mother, Johanna Quandt died in August 2015.

Klatten, and her brother Stefan Quandt (also a billionaire) together own almost half of BMW.

This article originally appeared on The Telegraph.