BREAKING: Billionaire John Fredriksen dies in London at 72

LONDON — Billionaire and Cyprus richest person, John Fredriksen has passed on in London, United Kingdom, local media reports.

According to reports, he died in Miami while on a visit to his personal doctor.

The health status of John Fredriksen 72, was kept out of the media but a source at the hospital confirmed to the media that Fredriksen had visited his doctor at least twice in September.

The course of his death is still not known.

John Fredriksen is a Norwegian-born oil tanker and shipping magnate, who owns the world’s largest oil tanker fleet. He also has major interests in the offshore driller Seadrill, the fish farming company Marine Harvest, the dry bulk company Golden Ocean Group, and the supply vessel company Deep Sea Supply.

Through his investment companies Hemen Holdings and Meisha, Fredriksen controls the companies Frontline and Golar LNG. In 2010–2011, Frontline owned 9.6 percent of another large tanker company, Overseas Shipholding Group. North Atlantic Drilling, Sevan Drilling, and Asia Offshore Drilling are partly owned by Seadrill.

Born in Oslo, Norway, Fredriksen is a Cypriot citizen who resides in London. Before abandoning his Norwegian citizenship, he was Norway’s richest man. Norwegian magazine Kapital listed Fredriksen in 2013 with a net worth of NOK 69,75 billion ($11.9 billion USD). In 2012, he was included in the 50 Most Influential list of Bloomberg Markets Magazine. He was named in the top 10 most influential people in the shipping industry according to Lloyds List 2014.

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