The world's richest Cypriot, John Fredriksen is a well known shipping and oil tanker tycoon  whose net worth is estimated to be around $8.11 billion as of May 2019. He is the owner of the largest tanker fleet in the world. He used to be the wealthiest businessman in Norway but he chose to secure a passport in Cyprus.

Through Meisha and Hemen Holdings, John Fredriksen is able to control Golar LNG  and Frontline. He is known to have interests in other companies like Deep Sea Supply, SeaDrill, Marine Harvest and Golden Ocean Group. Through Frontline, Fredriksen used to own 9.6% of Overseas Shipholding Group but he chose to divest his interest in 2011.

By the end of 2012, John Fredriksen was named by Bloomberg magazine as one of 500 Most Influential People in the World. In 2012, Fredriksen and his family's net worth costs £6.6 billion, which made them the 9th wealthiest people in the UK.

John Fredriksen is already widowed but he has two children named Kathrine and Cecilie, who are considered by Forbes as two of the most promising female heiresses in the world today.