Forbes

CRUDE COMPANY

- —“Finding Safe Harbor,” April 9, 2012

Another Norwegian billionair­e, John Fredriksen, made his money in fish and oil, like Kjell Inge Rokke. Fredriksen, though, did it a little more

. . . creatively. “In the shipping industry, John Fredriksen is known as the Viking King. The hard-nosed son of a shipyard welder who grew up on the wrong side of Oslo, Fredriksen got his start running cargoes of fish, became an oil trader in Beirut and made his first fortune in the early 1980s as what his biographer called ‘the Ayatollah’s lifeline,’ moving Iranian crude during the Iran-Iraq war. His tankers were hit by Iraqi missiles three times.”

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