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Leonid Mikhelson Net Worth

Leonid Mikhelson is one of Russia’s richest individuals, but just how much is he worth today?

Emmy Wallin

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Leonid Mikhelson Net Worth

What is Leonid Mikhelson’s net worth? 

Net Worth:$20 Billion
Age:67
Born:August 11, 1955
Gender:Male
Height:1.75 m (5 ft 9 in)
Country of Origin:Russia
Source of Wealth:Entrepreneur
Last Updated:March 8, 2023

Introduction 

Leonid Mikhelson is a Russian billionaire businessman, CEO, chairman, and major shareholder of the Russian gas company Novatek.

He has a strong interest in art, and most of his interest is in Russian and contemporary art. He also established his own foundation, the V-A-C Foundation, which promotes contemporary Russian art, 

As of December 2023, Leonid Mikhelson’s net worth is estimated to be $20 Billion.

 

Early Life 

Leonid Viktorovich Mikhelson was born on the 11th of August, 1955, Kaspiysk, Russia.

Mikhelson began his career as an engineer after graduating with a degree in Industrial Civil Engineering from the Samara Institute of Civil Engineering in 1977.

He started working as a foreman at a construction and assembling company in the Tyumen area of Siberia. One of his initial projects was to work on the Urengoi-Chelyabinsk gas pipeline.

 

Career 

In 1985, Mikhelson was appointed as Chief Engineer of Ryazantruboprovodstroy.

In 1987, he became the General Director of Kuibishevtruboprovodstroy. 

Mikhelson continued as Managing Director at the company, which has been renamed NOVA, until October 1994. He then became General Director of its holding company, Novafinivest, which later became known as NOVATEK.

From 2008 until 2010, Mikhelson was Chairman of the Board of Directors for OAO Stroytransgaz and OOO Art Finance. He currently holds the Chairman of the Board of Directors of ZAO SIBUR and serves on the Supervisory Board of OAO Russian Regional Development Bank.

Mikhelson has a strong interest in art, stating that “99 percent” of his interest is in Russian and contemporary art. He also established his foundation, the V-A-C Foundation, which promotes contemporary Russian art, and has international ties with the New Museum in New York, the Tate museums in the UK, and London’s Whitechapel gallery.

As of December 2023, Leonid Mikhelson’s net worth is $20 Billion.

 

How Does Leonid Mikehlson Spend His Money? 

Leonid Mikhelson spends some of his money on his art collection and real estate. 

 

Leonid Mikhelson’s Art Collection 

Mikhelson is known as an art collector. One of his collections is named after his daughter Viktoria Mikhelson.

 

Leonid Mikhelson’s Home 

Mikhelson lives with his family in a large house Barvikha near Moscow. He also owns a home in Miami Beach. 

 

Highlights 

Here are some of the best highlights of Leonid Mikhelson’s career: 

  • CEO and chairman of Novatek
  • Mikhelson is the recipient of the Russian Federation’s Order of the Badge of Honor

 

Favorite Quotes From Leonid Mikhelson 

“Of course, technical difficulties due to sectoral sanctions against Novatek and automatically against Yamal LNG … there are difficulties with attracting credit financing.” – Leonid Mikhelson

“Even by the most pessimistic valuations, the project is feasible.” – Leonid Mikhelson

 

3 Powerful Lessons From Leonid Mikhelson

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

 

1. Be Patient

Every overnight success is years in the making, as they say. Successful people know this.

 

2. Watch What People Do

So, rather than listening to what people say watch what they do. Draw your conclusions from people’s actions, not their words.

 

3. Accept New Challenges

You get better. What used to be a new challenge is now routine. It was only difficult because you leveled up. Accept new challenges. 

 

Frequently Asked Questions

 

How much is Leonid Mikhelson worth?

Leonid Mikhelson’s net worth is estimated to be $20 Billion.
 

How old is Leonid Mikhelson?

Leonid Mikhelson was born on August 11, 1955, and is currently 68 years old.
 

How tall is Leonid Mikhelson?

Leonid Mikhelson’s height is 1.75 m, which is equal to 5 ft 9 in.
 

Summary

Leonid Mikhelson is a Russian businessman who is the CEO and major shareholder of Novatek. He has since sold 20% of the company, but still holds a majority stake, and continues to serve as CEO.

In addition to his duties with Novatek, he also owns nearly 75% of Samara-JSC, a large bank that was formed in 2006.

As of December 2023, Leonid Mikhelson’s net worth is estimated to be $20 Billion. 

What do you think about Leonid Mikhelson’s net worth? Leave a comment below. 

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

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Entrepreneurs

Tim Ferriss Net Worth

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Tim Ferriss Net Worth

What is Tim Ferriss’ net worth?

Net Worth:$50 Million
Age:46
Born:July 20, 1977
Gender:Male
Height:1.75 m (5 ft 9 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur/Author
Last Updated:December 5, 2023

Introduction

As of December 2023, Tim Ferriss’ net worth is roughly $50 Million.

Tim Ferris is a well-known American author and entrepreneur who has been dedicated to writing books and guides for self-improvement, productivity and life-optimization.

Some of his books have been featured in the New York Times, USA Today, and Wall Street Journal.

Throughout the years of his career, he has provided services to multimillion-dollar companies such as Facebook, Evernote, Uber, and Twitter.

 

Early Life

Tim Ferriss was born in East Hampton, New York on July 20, 1977.

He attended St. Paul’s School in Concord and later received a degree in West Asian Studies from Princeton University in 2000.

After graduating he got a job as a sales worker for a data storage company as he continued to maintain his own website on the side.

 

Career

After earning an East Asian studies major at Princeton University, Tim Ferris entered the corporate world as the founder of the nutrition supplements company, BrainQUICKEN.

Working over 80 hours each week to get the company up and running, he quickly revised his outlook on life and professional activities to pursue other passions.

After renaming BrainQUICKEN to BodyQUICK, Ferris sold the company to a private equity firm in 2010 and worked as an angel investor and business consultant.

In addition to providing seed money to the hugely successful company Uber, he assisted TaskRabbit, Reputation.com, and Trippy with financial support and advice.

Ferris was also a key player in the foundation of the shipping company Shyp, raising nearly $1 million in funds in 2013 through his AngelList-based investment syndicate.

 

The 4-Hour Book Series

In 2007, Ferris entered the world of motivational books, exemplified by the likes of Tony Robbins, with the launch of The 4-Hour Workweek, influenced by his entrepreneurial life.

The book outlines a range of techniques to help the reader manage their time so they can work in a focused manner and free up time and money for personal activities.

Ferris followed up The 4-Hour Workweek with The 4-Hour Body, advocating a “slow-carb diet” based on simple regular meals excluding starch and artificial sweeteners.

In addition to a hugely successful updated edition of The 4-Hour Workweek, Ferris rounded off the series of books with The 4-Hour Chef in 2012.

The book takes another look at the self-help world through the lens of cookery, with practical tips and recipes used to illustrate methods for accelerated learning.

 

Tim Ferris Publishing

In addition to writing a series of successful motivational books, Ferris also helped other creatives reach a broader audience through Tim Ferris Publishing, founded in 2013.

Primarily focusing on audiobooks, the company published works including Vagabonding by Rolf Potts and books by Ryan Holiday, Ego is the Enemy and The Obstacle is the Way.

The books continued the themes of self-exploration and lifestyle improvement that characterized Ferris’s own published works while encouraging readers to explore the world.

Receiving widespread critical acclaim, they further enhanced Ferris’s reputation as a producer of some of the best books for entrepreneurs and innovative thinkers.

 

The Tim Ferris Show Podcast

In 2014, Tim Ferris began his regular podcast, The Tim Ferris Show, which saw him interviewing a long list of the best motivational speakers and successful entrepreneurs.

In addition to guests in this field of interest, Ferris also interviewed a range of notable influencers from the world of sports and entertainment to gain their insights.

This includes Hollywood stars such as Jamie Foxx and Arnold Schwarzenegger, who has made several appearances to discuss his approach to mental and physical health.

Comedians including Bill Burr and Kevin Hart have also appeared as guests on the Tim Ferris Show to share their unique insights into their creative process and fame.

The Tim Ferris Show has also featured guests discussing serious topics, exploring everything from the dangers of artificial intelligence to financial management during a crisis.

It’s an ongoing project that continues to bring in the best and brightest minds for long-form discussions tailored to successful entrepreneurs and free-thinkers.

 

Psychedelic & Consciousness Research

In addition to his media output, Tim Ferris has worked closely with the Center for Psychedelic and Consciousness Research at Johns Hopkins University.

Joining influencers such as Joe Rogan, Ferris has invested over $2 million of his own money into research to help people suffering from bipolar disorder.

His interest in researching the benefits of psychedelics reflects his personal experiences in this domain, as well as the loss of a friend due to a fentanyl overdose.

Tim Ferris has associated this passion with his belief in meditation and Stoicism and delivered a TED Talk in 2017 exploring the need to define fears instead of goals.

 

Tim Ferriss Net Worth

As of December 2023, Tim Ferriss’ net worth is $50 Million.

 

Highlights

Here are some of the best highlights of Tim Ferriss’ career:

  • The 4-Hour Workweek (2007)
  • The 4-Hour Body (2010)
  • The 4-Hour Chef (2012)
  • The 4-Hour Work Week…in 30 minutes (2012)
  • The Tim Ferriss Show (2014)
  • Tools of Titans (2016)
  • Tribe of Mentors (2017)

 

Favorite Quotes from Tim Ferriss

“If you don’t have time, the truth is, you don’t have priorities. Think harder; don’t work harder.” – Tim Ferriss

“It isn’t enough to think outside the box. Thinking is passive. Get used to acting outside the box.” – Tim Ferriss

“What we fear doing most is usually what we most need to do.” – Tim Ferriss

“Do not overestimate the competition and underestimate yourself. You are better than you think.” – Tim Ferriss

 

View our larger collection of the best Tim Ferriss quotes!

 

3 Rules for Success by Tim Ferriss

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

 

1. Take action and make things happen

It’s not enough to say and think about what you want and need in your life. You have to get up and start making things happen for yourself so that you can start seeing results. The sooner you make things happen the sooner you can reap the benefits.

 

2. Face your fears

What would you do if you feared nothing? Do that. You can’t live your life constantly fearing that something will go wrong because that is no way to live. You are capable of doing anything and once you’ve faced your fears they won’t seem as bad as you made them out to be.

 

3. “You are better than you think.”

Don’t talk yourself down or underestimate yourself. You are capable of doing as much as anyone else and you should embrace who you are and uplift yourself because you are better than you think.

 

Frequently Asked Questions

 

How much is Tim Ferriss worth?

Tim Ferriss’ net worth is estimated to be $50 Million.
 

How old is Tim Ferriss?

Tim Ferriss was born on July 20, 1977, and is currently 46 years old.
 

How tall is Tim Ferriss?

Tim Ferriss’ height is 1.75 m, which is equal to 5 ft 9 in.
 

Summary

Tim Ferris is a well-known and very successful author and entrepreneur who has made a name for himself through his best-selling books and his work with some of the biggest online empires in the world.

As of December 2023, Tim Ferriss’ net worth is around $50 Million.

What do you think about Tim Ferriss’ net worth? Leave a comment below.

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Ryan Friedlinghaus Net Worth

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Ryan Friedlinghaus Net Worth

What is Ryan Friedlinghaus’ net worth?

Net Worth:$15 Million
Age:48
Born:April 22, 1975
Gender:Male
Height:1.70 m (5 ft 7 in)
Country of Origin:United States of America
Source of Wealth:Founder of West Coast Customs
Last Updated:December 5, 2023

Introduction

As of December 2023, Ryan Friedlinghaus’ net worth is estimated to be around $15 Million.

The CEO of West Coast Customs, Ryan Friedlinghaus, built his business from scratch starting with just a $5000 loan from his grandfather and a dream to build the world’s best custom cars.

He truly has taken his business to the top, building some of the coolest customized cars possible; many of them being for celebrities including Justin Bieber, Chris Brown, Tyga, and Shaq.

 

Early Life

Ryan Friedlinghaus was born on April 22, 1975, in Los Angeles, California, USA

Before he became the CEO and co-founder of West Coast Customs, Ryan Friedlinghaus grew up with a passion for bikes and cars. 

Although he started working on his friends’ skateboards and bikes, as soon as he was old enough, he started working on automobiles.

His first real project was his pre-owned Mazda truck, which he made various modifications to all on his own. 

While there is little information about his education or formal training, we do know that there is no denying he has serious skills when it comes to pimping rides! 

 

Career

Starting His Own Company

An ambitious individual, it didn’t take long for Friedlinghaus to get started on his own company revolving around car modifications. 

When he was only 18 years old, he started West Coast Customs with a loan of $5,000 from his grandfather to kick things off. 

Fortunately, his grandfather believed in him enough to kick-start his passion because once his business started, it never stopped growing. 

Opened in 1994, West Coast Customs quickly became the go-to spot for celebrities who want to customize their luxury cars. 

Ten years after launching his company, it earned him his first television appearance on the hit MTV show Pimp My Ride. 

Aired in 2004, this show saw the likes of Sean Combs and Shaquille O’Neal head to West Coast Customs to get their rides upgraded. 

 

Earning TV Deals

Ryan Friedlinghaus’s time on Pimp My Ride helped elevate his company to become a well-known business that was sought-after by celebs. 

Not only that, but he was a staple on the show until 2007, after which he immediately received new offers to star in other television shows. 

While Friedlinghaus could have his pick of shows to appear on, he chose the show Street Customs, which aired simultaneously on Discovery and TLC. 

Having his business shown on these networks only helped his business expand further as he cemented his place in the automotive industry. 

Although the show was different, the format was very similar to that of Pimp My Ride, and it revolved around Ryan building cars for celebs. 

While he worked on luxury classics like a 1958 Corvette, he also was tasked with making some out-of-the-box cars, such as one based on Mad Max. 

As time went on, the show gradually shifted away from celebs and more towards everyday customers who visited his shop. 

That said, celebs were still regular clients, including big names like Kylie Jenner, Sylvester Stallone, and Justin Bieber.

During its 2009 season, Street Customs was renamed Inside West Coast Customs, and it moved to Discovery HD Theater and the automotive channel Velocity. 

The name was later changed again in 2013 when the Fox Sports Network took it over, dropping the “Inside” from future seasons. 

The show continued to be produced by Fox until 2017, when it was taken over by Velocity for the 2017 and 2018 seasons. 

 

Roller Coasters and Franchises 

Following the success of Ryan Friedlinghaus and West Coast Customs, Six Flags Magic Mountain announced a collaboration in 2018. 

Named West Coast Racers, this towering roller coaster was designed partly by West Coast Customs and boasts some record-breaking features. 

Not only was it the first racing coaster to have side-by-side tracks, but it was even built with an immersive “pit stop” feature. 

Alongside this, Friedlinghaus has been able to open two notable franchises, one in Dubai and another in Shanghai. 

The Dubai franchise was first announced in 2007 and continues to operate today using the West Coast Customs trademark. 

Meanwhile, the Shanghai franchise opened in 2016 and was met with substantial news coverage from the Chinese media. 

 

West Coast Customs Academy

Thanks to his unprecedented success in the auto industry, Ryan Friedlinghaus has turned his attention to helping young people succeed like he did. 

To do this, he partnered with Burbank Unified School District and founded the West Coast Customs Academy. 

His goal with these classes is to introduce young people to the industry and give them the skills they need to start their own careers. 

This includes giving them access to a state-of-the-art facility geared towards teaching students an array of automotive disciplines. 

While the program was only in its infancy in 2022, it is starting to get off the ground, with dozens of students applying every semester. 

It’s nice to see someone as successful as Ryan Friedlinghaus using his position to help lift others! 

 

Ryan Friedlinhaus Net Worth

As of December 2023, Ryan Friedlinghaus’ net worth is estimated to be around $15 Million.

 

3 Success Lessons From Ryan Friedlinghaus

Ryan’s estimated net worth is now around $15 Million, which is a very impressive achievement, especially considering the little amount he had to get started.

As a big fan of his work, I’ve watched nearly all the episodes of his TV show ‘Custom My Ride’, or ‘Street Customs’ if you live in the US.

I couldn’t help but notice several traits Ryan has that make him such a successful entrepreneur…

 

1. When There’s A Will, There’s A Way

Building custom rides isn’t an easy task at all, especially when every car and build is different, which means you need to be able to adapt fairly quickly to things. Whether Ryan wants to include something special in his builds or the customer wants it, no matter how difficult it is he will always find a way to do it.

From what I can see, there have been a lot of ‘close call’ projects, where the team has struggled with various modifications to work on certain cars.

But all credit to Ryan and his team, as they’ll always find a way to complete the task at hand. This is definitely the most noticeable thing when watching ‘Custom My Ride’.

When Ryan sets his mind to something he will always find a way to get the job done, and that’s a crucial factor when running a business.

 

2. Attention to Detail

You’ll often see Ryan walk around the shop floor and point out various problems or mistakes that his team members have made, or even things that he just doesn’t like the look of.

He’s very particular in his designs and pays great attention to detail in anything and everything he does.

Good examples of when he’s pointed the tiniest of dislikes out, are the stitching on the cars interior, the fitting of body kits down to the last millimeter, and small graphics on the paint jobs, such as logos.

 

3. A Pure Passion for Cars

A lot of the time, the founders of large businesses will end up living in their office during business hours, and not be getting involved in the passion they once had for the work their team now carries out.

Ryan appears to be very different in this way, as even though he has a lot of paperwork, meetings etc. to get through, he still plays the main role in coming up with the ideas for the builds, as well as getting involved now and again on the shop floor.

It’s very rare for this to be the case in such a big business, and the fact that Ryan still does a little welding and painting with his team here and there is good, because it shows his continued passion for his work and that he has a very good relationship with his employees.

 

Frequently Asked Questions

 

How much is Ryan Friedlinghaus worth?

Ryan Friedlinghaus’ net worth is estimated to be $15 Million.
 

How old is Ryan Friedlinghaus?

Ryan Friedlinghaus was born on April 22, 1975, and is currently 48 years old.
 

How tall is Ryan Friedlinghaus?

Ryan Friedlinghaus’ height is 1.70 m, which is equal to 5 ft 7 in.
 

Summary

Ryan Friedlinghaus has built the coolest custom car company in the world.

The imagination and creativity he’s brought to West Coast Customs has made them stand out above anyone else in the business.

As of December 2023, Ryan Friedlinghaus’ net worth is estimated to be $15 Million.

What do you think about Ryan Friedlinghaus’ net worth? Leave a comment below.

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Entrepreneurs

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 December 2023, 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 December 2023, 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.

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