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Meet the world’s youngest billionaire, 19-year-old Alexandra Andresen.

The Norwegian teenager recently inherited an estimated $1.2 billion from a family fortune built on tobacco, according to Forbes.

Andresen and her 20-year-old sister Katharina each own about 42 percent of their family’s private investment company, Ferd.

But the magazine reports:

“Fresh out of high school, Alexandra seems to have no rush to be an active owner, and is instead one of the most promising horseback riders in Norway, collecting trophies from competitions across Europe.”

Both the Andresen sisters were placed on Forbes’ rich list for the first time this year.

Since details about their fortune went public, Katharina has been getting hundreds of new Facebook friend requests, she said.

But the magazine says they aren’t the only young ones on the list. So far this year, there are already a record 66 billionaires under the age of 40, says Forbes.

Learn more on this story, here.


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