2021 Top 5 Richest People in Bermuda and their Net worth

3. John Fredriksen

2021 Top 5 Richest People in Bermuda and their Net worth

Net Worth: $10.1 Billion

  • Fredriksen’s empire includes oil tankers, dry bulkers, LNG carriers and deepwater drilling rigs.
  • In 1960s in Beirut, he got into oil trading; in the 70s he bought his first tankers; in the 80s he ran crude for Iran and had tankers hit by missiles.
  • His offshore drilling rig firm Seadrill emerged from bakruptcy in 2018, with Fredriksen helping to raise about $1 billion in new debt and equity.
  • His biggest holding is Marine Harvest, now named Mowi, which has rolled up competitors to become the biggest fish farmer in the world.
  • In January 2019, Fredriksen invested $350 million in Norwegian Air after the airline failed to find a buyer.
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