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Kirsten Rausing Net Worth

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Kirsten Rausing Net Worth

What is Kirsten Rausing’s net worth? 

Net Worth:$7.9 Billion
Age:71
Born:June 6, 1952
Gender:Female
Height:Unknown
Country of Origin:Sweden
Source of Wealth:Entrepreneur
Last Updated:November 16, 2023

Introduction 

Kirsten Rausing is the granddaughter of Dr Ruben Rausing who invented the tetra pak concept of storing liquids in cartons instead of glass bottles.

Her father consolidated the family’s shareholding in the company in the 1990s with the result that Kirsten and her brothers became fabulously wealthy.

Here’s a look into her life as the 220th-ranked billionaire on the 2023 Forbes Billionaires list, and how she came to be so rich.

As of April 2024, Kirsten Rausing’s net worth is estimated to be $7.9 Billion.

 

Kirsten Rausing Facts

  • Kirsten Rausing is a billionaire ranked at number 220 on the Forbes Billionaires list for 2023
  • She owns one-third of the packaging company TetraLaval
  • Kirsten Rausing retired from the board in January 2023, leaving her brothers, Finn and Jörn, in charge.
  • Her grandfather, Dr. Ruben Rausing, founded liquid food packaging company Tetra Pak in 1951
  • Kirsten’s father purchased her uncle’s share of the business in 1995 for $7 billion

 

Early Life 

Kirsten Rausing was born on 6 June 1952, in Lund, Sweden, the eldest child of Swedish industrialist Gad Rausing and his wife Birgit.

Due to the inventive skills of her grandfather, Kirsten grew up in the lap of luxury, enjoying the benefits of the Tetra Pak fortune.

Following a decision by her father to consolidate his shareholding, he bought out his brother’s share in Tetra Pak in 1995, becoming the sole owner.

She once told a journalist that she read Dick Francis and Agatha Christie novels, developing her English language skills through osmosis.

While at school, she competed in eventing but was unable to afford the top Swedish horses, so instead purchased ex-racehorses that were past their prime.

Although these may have seemed like the most expensive pets in the world, they were the start of an international career.

It was as a teenager that she developed an interest in pedigrees, consulting her grandfather who bred gun dogs, dairy cattle, and finally horses.

When her grandfather relocated to Italy, Kirsten ran the stud farm with 18 mares and a stallion while at school and through her university education.

 

Career 

She left Sweden to run a stud farm in Ireland, but after arriving in Ireland in her converted Dakota, she encountered Capt Tim Rogers.

He wanted nothing to do with her but came around after she proved that she knew almost as much as him about his horses’ pedigrees.

Kirsten ended up running Baroda Stud for Rogers, learning as she went after being put in charge of 14 men whose accents she couldn’t understand.

 

Buying Her Own Stud

After she received her inheritance, she looked around for opportunities to open her own stud, settling on Lanwades Stud, in Newmarket.

She used part of her inheritance to finance the deal, with the rest of the money being put up by the bank with stud as collateral.

Her first stallion, Niniski made her name in the equestrian world and led to her buying St Simon Stud as well as Staffordstown in Ireland.

 

Directorship of TetraPak

By the time she was 28, Kirsten was running her own business and it was only five later that she was made alternate director of TetraPak in 1985.

She worked hard to keep up with both her stud and TetraPak and was rewarded with a non-executive directorship in the company in 1991.

Kirsten Rausing continued to play a role in the aseptic packaging technology company as a director alongside her brother Jorn and Finn Rausing, until 2023.

In January 2023, she announced that after more than 35 years on the board, she was stepping down and retiring from the business.

While she is extremely wealthy, Kirsten’s net worth doesn’t come close to Alice Walton or  MacKensie Scott, Geoff Bezos’ wife.

 

International Breeders Appointments

In addition to her directorship of the packaging company, Rausing was also appointed as the Honourable President of the European Federation of Thoroughbred Breeders’ Associations.

She is also a past Chairperson of the Thoroughbred Breeders Association of Great Britain and Trustee of the Racing Foundation (UK) from 2012 to 2017.

 

Kirsten Rausing’s Career Earnings

The Racing Foundation handles the proceeds of the British Government’s sale of the Totalisator Board, something that’s close to Rausing’s heart.

She is concerned with the future of the sport as well as the continued viability and health of the breeding horses on the British Isles.

Here’s an estimated overview of Kirsten Rausing’s career earnings:

  • Kirsten Rausing’s Salary In 2014 – $40 Million
  • Kirsten Rausing’s Salary In 2015 – $45 Million
  • Kirsten Rausing’s Salary In 2016 – $50 Million
  • Kirsten Rausing’s Salary In 2017 – $65 Million
  • Kirsten Rausing’s Salary In 2018 – $60 Million
  • Kirsten Rausing’s Salary In 2019 – $75 Million
  • Kirsten Rausing’s Salary In 2020 – $78 Million
  • Kirsten Rausing’s Salary In 2021 – $80 Million
  • Kirsten Rausing’s Salary In 2022 – $65 Million
  • Kirsten Rausing’s Salary In 2023 – $50 Million

As a long-standing member of the Jockey Club and a former director of The National Stud, Kirsten has an insider’s understanding of British racing.

She also became a Director of the British Bloodstock Agency as well as being appointed the Chairman of the International Thoroughbred Breeders’ Federation.

 

Kirsten Rausing’s Net Worth Annually

Her membership and experience leading the Breeders’ Federation, with at least 40 member states, ensure that high breeding standards are always maintained.

Rausing’s appointment as director of the British Bloodstock Agency, which buys and sells racehorses for wealthy clients, was also a popular decision.

Here’s a breakdown of Kirsten Rausing’s annual net worth:

  • Kirsten Rausing’s net worth In 2014 – $5 Billion
  • Kirsten Rausing’s net worth In 2015 – $5.1 Billion
  • Kirsten Rausing’s net worth In 2016 – $5.5 Billion
  • Kirsten Rausing’s net worth In 2017 – $6 Billion
  • Kirsten Rausing’s net worth In 2018 – $6.6 Billion
  • Kirsten Rausing’s net worth In 2019 – $7.9 Billion
  • Kirsten Rausing’s net worth In 2020 – $9.1 Billion
  • Kirsten Rausing’s net worth In 2021 – $13.9 Billion
  • Kirsten Rausing’s net worth In 2022 – $9.8 Billion
  • Kirsten Rausing’s net worth In 2023 – $7.9 Billion

Aside from her financial interest in TetraPak, Kirsten along with her brothers, also holds a 20% stake in International Flavors & Fragrances.

This was revealed by Reuters in 2018 when it came to light that Kirsten and her brothers had acquired their stake over the previous 2 years.

 

Personal Life

While running her horse breeding business and serving as a director of TetraLaval, Rausing lived in the UK, seldom returning to Sweden.

She used her substantial wealth to found the Alborada Trust, which supports various charitable causes, especially in the field of medicine and education.

Rausing has focussed her entire life on her horses and grandfather’s company, never marrying nor having children of her own to maintain her legacy.

Kirsten followed a similar path to the wealthy US entrepreneur, Teresa Heinz Kerry, who used her money to support her political views.

She has involved herself in politics to the extent of supporting the Conservative Party as one of their donors but never desired the political limelight herself.

Rausing is held in high regard by her community, being appointed as a Deputy Lieutenant for the County of Suffolk.

 

Awards & Achievements

Rausing and her brothers control a company called, the “Haldor Foundation” located in Liechtenstein, which owns Winder Investment Pte Ltd.

From 2016 to 2018, Winder Investment Pte Ltd bought $2.54 billion worth of IFF stock, giving them the largest stake in IFF.

Here are some of the finest moments from Kirsten Rausing’s career: 

  • In 2016 Rausing was appointed as a Deputy Lieutenant for the County of Suffolk.
  • She’s won the Qatar Prix de l’Arc de Triomphe and the Cazoo St Leger.
  • In 2020, Forbes Wealth Ranking listed her as the 150th richest individual in the world.
  • The Sunday Times Rich List 2021 ranked her 7th among the wealthiest people in the UK.
  • In 1974, Rausing received her degree in Business Administration from the Lund University School of Economics and Management.

IFF is a New York-based company, selling scents and flavors to a worldwide clientele in the perfume, detergent, cold drink, and frozen foods sectors.

The company, which was started in the 1880s, is expected to do a turnover of around $11.5 billion in 2023.

 

How Does Kirsten Rausing Spend Her Money?

While she owns some of the most expensive cars in the world, her main focus is on owning the very best horseflesh available anywhere in the world.

But, first and foremost, Kirsten Rausing is an extraordinarily successful investor and Swedish businesswoman, with an eye for detail and winning deals.

She didn’t squander her inheritance but rather turned it into a massive fortune through investments in growth businesses and canny management decisions.

She also lives in some of the most expensive houses in the world, traveling to her palatial homes around the world in private jets.        

 

Highlights 

She used the prize money she won from running Alborada, her winning Champion Stakes horse, to set up the Alborada Trust.

This trust provides charitable funding for medical and veterinary research across the globe, having coughed up over $45 million to date. 

Here are some highlights from Kirsten Rausing’s career:

  • Kirsten Rausing acquired one-third ownership of TetraLaval, a company started in 1951.
  • In 2023, Kirsten was ranked #220 on the Forbes Billionaires list, down from the previous year.
  • Kirsten’s father, Gad, acquired her uncle Hans’ shares in TetraLaval, in 1995.
  • In 2018, she acquired a massive stake in International Flavors & Fragrances.
  • Kirsten won the Cartier/The Daily Telegraph Award of Merit for her achievements in the racing industry.

Rausing seldom returns to her native Sweden and is sad that the postal system has deteriorated, as she no longer receives her post.

However, she does manage to get to visit the country of her birth occasionally and follows academic literature closely to keep abreast of developments.

 

Favorite Kirsten Rausing  Quotes

Rausing uses her enormous wealth to support various charitable causes and is often referred to as the most generous billionaire in the UK.

She recently donated over $7.5 million to Alzheimer’s Research UK and is reported to have given the University of Cambridge almost $7 million.

Here are our favorite quotes from Kirsten Rausing:

  • “I was interested in animal husbandry from a young age.” – Kirsten Rausing
  • “You start, usually, with the practical side of things.” – Kirsten Rausing
  • “They (the bank) thought it was very amusing, a young girl borrowing money to purchase a stud farm.” – Kirsten Rausing
  • “Alpinista – she’s undeniably the world’s best female.” – Kirsten Rausing
  • “… the words that now inundate Swedish. I find their use a sign of intellectual poverty.” – Kirsten Rausing

 

3 Amazing Lessons From Kirsten Rausing

After obtaining a business administration degree in Sweden, Rausing ran a successful stud at home before traveling to Ireland to start a new job.

She used her business skills and qualifications together with her inheritance to create a massively successful breeding business on top of her share in TetraLaval.

Now that you know all about Kirsten Rausing’s net worth, here are some of the best success lessons to learn from Kirsten Rausing:

 

1. Always Diversify Your Investments

Kirsten Rausing’s success can be attributed to her ability to diversify her holdings, identifying excellent investment opportunities when they arise.

2. Be Passionate About What Your Do

Kirsten Rausing has always been passionate about business and horses, taking the time and effort to learn and become an expert in her field.

3. Make Sure That You Always Give Back

She used her wealth as a force for positive change, supporting causes that align with her values to make an impact on the world.

 

Summary 

As a billionaire and TetraLaval shareholder, Kirsten Rausing, built a diversified business legacy, from horses and packaging to flavor and fragrances.

She is an admired horse breeder, a philanthropist, and an influential figure in the UK, making major investments in the local economy.

Living in Newmarket, Kirsten Rausing has balanced her business acumen with a deep commitment to the equestrian community across the world.

As of April 2024, Kirsten Rausing’s net worth is estimated to be $7.9 Billion.

What do you think about Kirsten Rausing’s net worth? Leave a comment below.

John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.

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Entrepreneurs

Francoise Bettencourt Meyers Net Worth

Emmy Wallin

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Francoise Bettencourt Meyers Net Worth

What is Francoise Bettencourt Meyers’ net worth?

Net Worth:$69 Billion
Age:70
Born:July 10, 1953
Gender:Female
Height:1.70 m (5 ft 7 in)
Country of Origin:France
Source of Wealth:Entrepreneur
Last Updated:Apr 29, 2024

Introduction 

As of April 2024, Françoise Bettencourt Meyers’ net worth is roughly $69 Billion.

Françoise Bettencourt Meyers is a French billionaire heiress and an author of Bible commentaries and works on Jewish-Christian relations.

Her family owns the company L’Oréal, and after her mother Liliane passed away, she inherited the L’Oreal fortune. 

 

Early Life

Françoise Bettencourt Meyers is the daughter of Liliane Bettencourt.

Liliane was a French heiress, socialite, and businesswoman and she was one of the principal shareholders of L’Oréal.

At the time of her death, she was the richest woman, and the 14th richest person in the world, with a net worth of $44.3 billion.

Françoise Bettencourt Meyers married Jean-Pierre Meyers the grandson of a rabbi murdered at Auschwitz.

After marriage, the Meyers decided to raise their children as Jewish.

Her marriage caused controversy as a result of her grandfather, L’Oréal’s founder Eugène Schueller’s, the trial for collaboration with the Nazi government.

 

Career

As the only daughter of Liliane Bettencourt, Francoise Bettencourt’s upbringing saw her surrounded by the richest people in the world on a regular basis.

She would go on to inherit her mother’s estate, exploring her spiritual nature in literature while also serving as president of various philanthropic foundations.

Thanks to her impressive wealth, Bettencourt has influenced policy while making considerable donations to various good causes.

 

Position On L’Oreal’s Board In 1997

Following an upbringing that was characterized by opulence and luxury, Francoise Bettencourt entered the world of business fully in 1997.

That year, she began serving on the board of the family business L’Oréal, which had been established in the mid-nineteenth century under the brand Oreale.

Over the years since, L’Oréal has rapidly expanded to become one of the world’s leading personal care companies with a global reach.

A few years before Bettencourt joined the board, the company had purchased Synthélabo and entered the pharmaceutical field for the first time.

By 1999, under Bettencourt’s guidance, they had expanded through the Sanofi-Synthélabo merger, then again merged with Aventis in 2004.

Throughout her tenure at the company, Bettencourt would rub shoulders with some of the richest models in the world, working on various marketing campaigns.

 

Notable Achievements Of L’Oréal In The 2000s

L’Oréal continued to excel in market performance throughout the 2000s under the influence of Bettencourt as a major stakeholder and chairwoman.

The company acquired YSL Beauty in 2008 for an impressive $1.8 billion and further expanded its international reach in 2014.

After striking a deal to acquire NYX Cosmetics, they merged with the Chinese beauty brand Magic Holdings for $840 million.

Additional accomplishments that decade included the buyback of Nestle shares, which increased the stakes held in the company by the Bettencourt estate.

At the same time, L’Oréal was expanding in leaps and bounds, Francoise Bettencourt was forced to sue the French photographer François-Marie Banier.

After duping her mother and illicitly taking money from her, the case made international headlines when it was revealed he had stolen up to $1 billion.

 

Becoming L’Oréal’s Heiress In 2017

The death of Liliane Bettencourt in 2017 significantly increased the fortunes of Francoise Bettencourt as the sole heiress to her mother’s estate.

Already incredibly wealthy, she was now ranked among the richest women in the world, with a value of several billions of dollars.

The following years saw the L’Oréal brand continue to improve its overall prospects and profit margins through a series of high-profile partnerships.

In 2018, the company partnered with Valentino on a new line of fragrances and acquired the Japanese company Takami Co, which markets premium products in Japan.

Additional mergers and acquisitions in the years since have continued to increase Bettencourt’s overall net worth substantially.

Their 2023 annual financial results show their record-breaking results of double-digit growth and outstanding market performance, dominating the industry.

 

Role In Bettencourt Meyers’ Philanthropic Foundation

In addition to her active role within the family business, Francoise Bettencourt has played a key role in various charities and philanthropic foundations.

She has worked on the family foundation’s programs to help the French nation achieve progress in a variety of scientific and artistic pursuits.

In 2019, Bettencourt worked with authorities to repair the Notre Dame Cathedral following serious fire damage, donating $226 million to the restoration project.

As of April 2024, Francoise Bettencourt Meyers’ net worth is $69 Billion. 

 

Highlights

Here are some of the best highlights of Francoise Bettencourt Meyers’ career:

  • The Greek gods. Genealogy (Autobiography, 1994)
  • A look at the Bible (Regard sur la Bible), 5 vol. (Autobiography, 2008)
  • Family Tree of Adam Eve, and the Tribes of Israel

 

Favorite Quotes from Francoise Bettencourt

“Hair dyes are a niche market with a very limited future. You’re going to fail.” – Francoise Bettencourt

“It would be “stupid” to continue to see Banner. “I had no room to breathe with him. The last few months have been dreadful with all the controversy… François-Marie does not change! He is impossible to live with.” – Francoise Bettencourt

 

3 Inspirational Lessons from Francoise Bettencourt 

Now that you know all about Francoise Bettencourt Meyers’ net worth, and how she achieved success; let’s take a look at some of the best lessons we can learn from her: 

 

1. Value Your Time By Putting a Price Tag On It

Your time is the greatest resource and one thing you can’t get back. To execute at the top level, you have to understand the full gravity of time. It’s imperative to prioritize your life and business in a way that lines up with what you value most.

 

2. Stay Curious

“Stick to what you know” is a strict school of thought in many entrepreneurship circles. After living that for many years, I’ve come to believe just the opposite.

By keeping your mind open to new ideas and embracing novelty, you make opportunities for yourself.

By exposing yourself to a multitude of businesses and products, your scope expands.

 

3. Control Your Thoughts 

Most of my lessons came from failures, setbacks, and defeats. Although painful, they developed the self-awareness to grow.

Conversely, if you always have your blinders on, your perspective becomes too narrow and you miss out on promising opportunities.

 

Frequently Asked Questions

 

How much is Francoise Bettencourt Meyers worth?

Francoise Bettencourt Meyers’ net worth is estimated to be $69 Billion.
 

How old is Francoise Bettencourt Meyers?

Francoise Bettencourt Meyers was born on July 10, 1953, and is currently 70 years old.
 

How tall is Francoise Bettencourt Meyers?

Francoise Bettencourt Meyers’ height is 1.70 m, which is equal to 5 ft 7 in.
 

Summary

Françoise Bettencourt Meyers is one of the richest women alive.

She is a French author and a board member of the company L’Oréal.

She also serves as the president of her family foundation, Bettencourt Schuller Foundation. 

As of April 2024, Françoise Bettencourt Meyers’ net worth is estimated to be $69 Billion, making her one of the richest women in the world.

What do you think about Francoise Bettencourt Meyers’ net worth? Leave a comment below. 

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Entrepreneurs

Hans Rausing Net Worth

Emmy Wallin

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Hans Rausing Net Worth

What is Hans Rausing’s net worth? 

Net Worth:$12.8 Billion
Born:March 25, 1926
Died:August 30, 2019
Country of Origin:United States of America
Source of Wealth:Industrialist
Last Updated:Apr 29, 2024

Introduction  

Hans Rausing was a Swedish industrialist.

Rausing made his fortune from his co-inheritance of Tetra Pak, a company founded by his father, Ruben Rausing and the largest food packaging company in the world.

In 1995, he sold his share of the company to his brother, Gad. He was placed at number 83 with an estimated fortune of $10 billion in 2011.

According to Forbes, he was the second richest Swedish billionaire in 2013. 

At his time of passing, Hans Rausing’s net worth was estimated to be roughly $12.8 Billion. 

 

Early Life 

Hans Anders Rausing was born on the 25th of March, 1926, in Gothenburg, Sweden.

Rausing is the second son of Ruben Rausing and his wife, Elisabeth. Rausing had two brothers, Gad and Sven.

He and his wife Märit Rausing had two daughters and one son.

From 2001 to 2012, Rausing and his family donated £886,000 to the UK’s Conservative Party.

Rausing was a resident of the UK from 1982 until his death.

He lived at Wadhurst Park, East Sussex, until his death in 2019.

 

Career 

With his family connections and background studying Economics, Statistics, and Russian at Lund University, Hans Rausing was set for a promising career.

This education helped him to transform his father’s company, Tetra Pak, into a global powerhouse and leading innovator of various types of packaging.

As a consequence of these achievements, Rausing would become one of the richest people in the world, sharing his fortune through charity initiatives.

 

Early Career Beginnings With Tetra Pak

After graduating from Lund University in 1948, Hans Rausing became the managing director of Tetra Pak in 1954.

The company had been primarily focused on manufacturing dairy packaging since its formation in the 1940s, getting its first major patent in 1944.

This concept, which introduced tetrahedron-shaped packaging from a tube, became synonymous with the brand, leading to its steady growth.

Throughout the 1950s, Hans Rausing worked to introduce a new packaging system to the company, improving the Tetra Classic system with innovations.

As a result, the company expanded its operations significantly, setting up its first production plant outside of Sweden in 1960, based in Mexico.

 

Transformation Of Tetra Pak Into A Global Powerhouse

The expansion to move production to different regions around the world continued under the guidance of Rausing throughout the 1960s.

By the 1980s, a series of mergers and acquisitions had seen Tetra Pak emerge as a global player in the packaging industry.

Like entrepreneurs such as Bill Gates who would later follow in his footsteps, Hans Rausing understood the importance of leveraging assets for growth.

This included many business deals through the Tetra Leval Group, which was created in 1993 with headquarters based in Lund and Lausanne.

By 2021, Tetra Pak was operating in over 160 countries globally, providing packaging supplies to a range of emerging markets with significant annual turnover.

The brand has reported near-consistent increases in sales over the decades, with an annual turnover of over $10 billion.

 

Notable Products & Technology Under Rausing’s Guidance

Hans Rausing’s long and impressive career has seen him associated with a variety of products and technological developments.

The company pioneered aseptic processing for a dual sterilization process, introducing ultra-high heating to improve the lifespan of food products.

In addition to the Tetra Brik, they have revolutionized many space-saving approaches to packaging design that has saved businesses millions of dollars.

Their most popular product, the Tetra Brik Aseptic, has been a proven best-selling item for the company since the early 1970s.

More recently, Rausing’s influence on the company has allowed it to become the industry leader in sustainable and eco-friendly drinking containers.

Their designs have received international acclaim and are widely regarded as iconic and revolutionary, with exhibitions dedicated to these accomplishments at science museums.

 

Hans Rausing’s Charity & Research Patronage

Like many other highly wealthy individuals such as Warren Buffett, Hans Rausing has made numerous charitable donations over the years.

He has also invested funds in a range of philanthropic ventures, often in close association with his wife, Marit, in both Sweden and the United Kingdom.

Rausing’s daughter is also involved in these activities, notably using money from her Arcadia fund to finance the Hans Rausing Endangered Languages project.

Rausing contributed funds for many scientific research projects throughout his career, along with community projects through the Marit and Hans Rausing Fund.

 

Hans Rausing Net Worth

At his time of passing, Hans Rausing’s net worth was estimated to be roughly $12.8 Billion. 

 

Highlights

Here are some of the best highlights of Hans Rausing’s career:

  • Tetra Pak
  • Knight Commander of the Order of the British Empire (2006)
  • He was an honorary fellow of the Isaac Newton Institute

 

Favorite Quotes from Hans Rausing and His Family 

“First, simplicity: never do things which are complicated. Second, you must talk and listen to everybody in your company. Another saying was risk minimisation through risk maximisation as there is no way you can succeed in business by playing safe.” – Hans Rausing 

“Our father was an extraordinary man, achieving so many things in his long and distinguished career as entrepreneur and industrialist, and then as a philanthropist supporting multiple charities and foundations.” – His three children 

 

3 Life Lessons from Hans Rausing 

Now that you know all about Hans Rausing’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Failures 

Failure will never overtake me if my determination to succeed is strong enough.

 

2. Don’t Give Up 

Giving up, it’s the easiest thing in the world to do. But to hold it together when everyone else would understand if you fell apart, that’s true strength.”

 

3. Strengths 

Your struggles develop your strengths. When you go through hardships and decide not to surrender, that is strength.

 

Summary 

Hans Rausing is a Swedish businessman. Rausing was born in Gothenburg.

Today, Rausing is listed as one of the second richest men in Sweden. He earned his funds when he inherited Tetra Pak. The company is the largest food packing company in the world.

Tetra Pak was started by Rausing’s father, Ruben, and was left to Hans and his brothers after Reuben’s passing.

He graduated from Lund University with a degree in economics, statistics, and Russian.

At his time of passing, Hans Rausing’s net worth was estimated to be roughly $12.8 Billion. 

What do you think about Hans Rausing’s net worth? Leave a comment below. 

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Entrepreneurs

Ricky Van Veen Net Worth

Emmy Wallin

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Ricky Van Veen Net Worth

What is Ricky Van Veen’s net worth? 

Net Worth:$25 Million
Age:43
Born:December 17, 1980
Gender:Male
Height:1.73 m (5 ft 8 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:Apr 29, 2024

Introduction 

Ricky Van Veen is an entrepreneur.

He is the Head of Global Creative Strategy at Facebook.

Veen co-founded the brand and humor website CollegeHumor and the website Vimeo.

He was also CEO of Notional, a television production company spun out of CollegeHumor. 

As of April 2024, Ricky Van Veen’s net worth is estimated to be roughly $25 Million.

 

Early Life

Ricky Van Veen was born on the 17th of December, 1980, in Lutherville-Timonium, Maryland.

He is the son of Helen and Richard Van Veen. He graduated from Wake Forest University.

From the university, he received a degree in Management and Information Systems. 

 

Career 

Ricky Van Veen’s entrepreneurial life began while he was studying for a degree in management and information systems at Wake Forest University.

He would go on to become involved in multiple emerging tech platforms and work with one of the richest people in the world on social media platforms.

It was his first concept, the online comedy brand CollegeHumor, that would give him the reputation and revenue to pursue a range of business ideas.

 

Early Career & Foundation Of College Humor

Like many other successful entrepreneurs, Ricky Van Veen began exploring various business concepts while studying for his degree.

In 2003, he launched CollegeHumor, reaching a new audience eager to discover the latest humorous videos and articles.

Van Veen and his partner Josh Abramson initially posted funny photos of themselves, along with jokes and collated material from other websites.

Over time, the platform expanded, reaching millions of viewers per month and featuring professionally produced skits from a studio.

CollegeHumor would help to launch the careers of many successful actors and comedians, with Rosa Salazar among those who got her break on the platform.

By 2006, CollegeHumor was taking in up to $15 million per month in revenue, and Van Veen opted to sell a controlling stake to InterActiveCorp.

 

Achievements Through Connected Ventures

Following the massive success of the CollegeHumor concept, Ricky Van Veen branched out into other business ventures in the digital space.

Through the umbrella organization Connected Ventures, Van Veen and his business partners established successful brands still operating today.

While running CollegeHumor, he served as one of the co-founders of the popular video-sharing platform Vimeo, a favorite among filmmakers.

Van Veen also had experience in front of the camera, appearing in various CollegeHumor video series such as Jake and Ami and Hardly Working.

Connected Ventures also included BustedTees in its portfolio of companies, giving Van Veen the experience and financial backing for his next company, Notional.

 

Work As CEO Of Notional

While the success of CollegeHumor wasn’t sustainable and led to massive layoffs, Ricky Van Veen’s new businesses found greater fortune.

In 2009, Van Veen launched a new production company, Notional, at which he served as the CEO, guiding the production of print and television media.

Van Veen, who at the time was being mentored by the experienced senior executive from InterActiveCorp, Barry Diller, helped the platform reach new highs.

The popular cookery show Chopped, which was produced under Van Veen’s guidance, became one of the big success stories of Van Veen’s tenure with Notional.

He would continue to dominate the media landscape later in his career, establishing another product company, Scroll Commerce, in 2015.

Designed to assist people looking to invent products for sale online, the Scroll Commerce brand was eventually acquired by the outlet BuzzFeed.

 

Facebook’s Head of Global Creative Strategy

Ricky Van Veen’s long and varied history of working in big tech, together with his proven record of success, eventually led to his move to Facebook.

The enormous social media platform, founded by Mark Zuckerberg, hired Van Veen in 2016 as their Head of Global Creative Strategy in 2016.

Van Veen’s input has helped to shape the direction of Facebook’s marketing and brand vision over the years, on a series of projects and campaigns.

 

Ricky Van Veen Net Worth

As of April 2024, Ricky Van Veen’s net worth is estimated to be $25 Million. 

 

Highlights 

Here are some of the best highlights of Ricky Van Veen’s career: 

  • CollegeHumor 
  • CEO of Notional

 

Favorite Quotes from Ricky Van Veen 

Sometimes your audience is on the couch and wants to watch a 30-minute show, and sometimes they’re checking their Facebook feed and want to see something that’s only a minute long.” – Ricky Van Veen

“On the Web, you have to sum up what your piece of content is in one link or nobody is going to watch it. That’s the same thing I’ve been hearing from TV executives – is we need a program that you can have on the side of a bus and someone can watch it go by and get what the show is and want to watch it.” – Ricky Van Veen

“All Internet comedy is niche comedy. If you do an Internet video about Halo, every Halo fan will send it to every other Halo fan. But if you did an episode of a network comedy that parodied Halo, most of your audience wouldn’t even get it.” – Ricky Van Veen

“Everything is up for grabs and being revolutionized by technology,” so entrepreneurs should be aware of the changing landscape of today’s society. Just because you can start something doesn’t mean someone else can try to undercut you.” – Ricky Van Veen 

“You have to learn entrepreneurship even if you are not going to start your own business,” and “it is cool now to be an entrepreneur.” College is an excellent time to “explore your potential.” – Ricky Van Veen 

 

3 Amazing Lessons from Ricky Van Veen 

Now that you know all about Ricky Van Veen’s net worth and how he achieved success; let’s take a look at some of the best lessons we can learn from him: 

 

1. Know Your Audience 

Always make sure to know your audience. 

 

2. Viral Videos 

Viral videos aren’t just about being funny. They’re about identity creation.

 

3. Smaller Things 

Smaller stuff tends to get shared more frequently.

 

Frequently Asked Questions

 

How much is Ricky Van Veen worth?

Ricky Van Veen’s net worth is estimated to be $25 Million.
 

How old is Ricky Van Veen?

Ricky Van Veen was born on December 17, 1980, and is currently 43 years old.
 

How tall is Ricky Van Veen?

Ricky Van Veen’s height is 1.73 m, which is equal to 5 ft 8 in.
 

Summary

Ricky Van Veen is an American internet CEO. Veen is best known for being the co-founder and the current CEO of CollegeHumor.com.

In 1999, he founded CollegeHumor with Josh Abramson. Over the next years, the site has attracted millions of monthly visitors who enjoyed CollegeHumor’s videos, images, and articles. 

As of April 2024, Ricky Van Veen’s net worth is estimated to be roughly $25 Million. 

What do you think about Ricky Van Veen’s net worth? Leave a comment below. 

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