PHOTOs: Meet the 19 years Old Youngest Billionaire in the World

Meet Alexandra Andresen the youngest billionaire in the world. This was revealed by Forbes in its 2016 ranking of the richest people on earth.

The Norwegian heiress, 19, is now worth $1.2 billion (£862 million). This was possible because In 2007 her father, Johan Andresen, transferred to her 42% of the stock in Ferd, the family's centuries-old private-investment company.

He also transferred a 42% stake in the company to her sister, Katharina, who at 20 is the second-youngest billionaire in the world. She's also worth $1.2 billion.

According to reports, she became the world's youngest billionaire after the Norwegian government published her tax returns which is done for people over 17.

However, the amazing girl has shown that being rich doesn't make one not to aspire. Alexandra is already an accomplished horse rider, winning several massive competitions in dressage. The humble and gifted girl has followed her family's steps by investing in savings. The girl who is worth billions actually saved her pocket money during her younger years and drove only secondhand cars.