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What is the sum of Kirsten Rausing's fortune? Amount of wealth: 7.9 billion dollars

Age: 71 years old

Born: June 6, 1952

Gender: Female

Height: Unknown

Country of origin: SwedenТАG/p>

Source of wealth: EntrepreneurTAg/p>

Last updated: November 16, 2023

Introduction

Kirsten Rausing is the granddaughter of Dr. Reuben Rausing, who invented the tetra-pak concept for storing liquids in cardboard boxes instead of glass bottles. Her father pooled the family's shares in the company in the 1990s, making Kirsten and her brothers incredibly wealthy. Let's take a look at her life as Forbes' 220th billionaire as of 2023 and how she became that''rich.

As of December 2023

As of December 2023, Kirsten Rausing's fortune is estimated at $7.9 billion.

Interesting facts about Kirsten Rausing

Kirsten Rausing is a billionaire who is ranked 220th on Forbes' 2023 billionaires list. She owns one-third of the packaging company TetraLaval. Kirsten Rausing stepped down from the board of directors in January 2023, leaving her brothers Finn and Jorn in charge of the company. Her grandfather, Dr. Reuben Rausing, founded the liquid packaging company Tetra Pak in 1951. Kirsten's father bought her uncle's share of the business in 1995 for $7 billion.

Early life

Kirsten Rausing was born June 6, 1952, in Lund, Sweden, the eldest child''Swedish industrialist Gad Rausing and his wife Birgit. Thanks to her grandfather's ingenuity, Kirsten grew up in luxury, enjoying the benefits of the Tetra Pak fortune. Following her father's decision to pool his shares, he bought out his brother's stake in Tetra Pak in 1995, becoming the sole owner. She once told a journalist that she read novels by Dick Francis and Agatha Christie, developing her English language skills through ocultation. She competed in equestrian events at school, but could not afford the best quality Swedish horses, so she purchased horses that were no longer so young. Although they may have seemed like the most expensive pets in the world, it was the beginning of an international career. It was in her teens that she developed an interest''s ancestry by consulting with her grandfather, who raised hunting dogs, dairy cows and finally horses. When her grandfather moved to Italy, Kirsten ran a horse farm with 18 mares and a stallion while attending school and during her university education.

Career

She left Sweden to run a horse farm in Ireland, but on arrival in Ireland in her converted Dakota airplane she met Captain Tim Rogers. He was reluctant to do business with her, but then recognized her knowledge of his horses' pedigrees. As a result, Kirsten took over running the Baroda farm for Rogers, settling into the role after having to supervise 14 people whose accents she couldn't understand. Own''farm after receiving her inheritance she looked to start her own farm and chose Lanwades Stud in Newmarket. She used part of her inheritance to fund the deal and the remaining money was taken to the bank with the herd as security. Her first stallion Niniski brought her fame in the equestrian world and led to the purchase of St Simon Stud as well as Staffordstown in Ireland.

Directorship at TetraPak

By the age of 28, Kirsten was already running her own business, only five years later she became Deputy Director of TetraPak in 1985. She worked hard to manage both her flock and TetraPak and was rewarded with the position of non-executive director of the company in 1991. Kirsten Rausing continued to play a role in the company by''s aseptic packaging technology until 2023 as a director alongside her brothers Jorn and Finn Rausing. In January 2023, she announced that after more than 35 years on the board she would be stepping down and retiring from the business.

Breeder appointments

In addition to her directorship of the packing company, Rausing has also been appointed honorary president of the European Federation of Purebred Breeders' Associations.

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She was also chairman of the British Thoroughbred Breeders' Association and a trustee of the Racing Foundation (UK) from 2012 to 2017.

Awards and achievements

Racing and her brothers control a company called the Haldor Foundation, based in Liechtenstein, which''is the owner of Winder Investment Pte Ltd. Winder Investment Pte Ltd bought $2.54 billion worth of IFF stock between 2016 and 2018, acquiring the largest stake in IFF. Here are some of the top moments from Kirsten Rausing's career:

  • In 2016, Rausing was named Suffolk County's vice lieutenant governor. She won over Prix de l'\''Arc de Triomphe and Cazoo St Leger.
  • In 2020, Forbes Wealth Ranking ranked her among the 150 richest people in the world. The Sunday Times Rich List 2021 ranked her as the 7th richest person in the UK.
  • In 1974, Rausing earned a bachelor's degree in business administration from the Lund University School of Economics and Management.
  • IFF is a New York-based company, selling fragrances and flavors to the world in perfumes, detergents, cold''beverages and frozen food. The company, founded in the 1880s, is expected to have sales of about $11.5 billion in 2023.

Personal life

While running her horse breeding business and working at TetraLaval, Rausing lived in the UK, rarely returning to Sweden. She used her considerable wealth to establish the Alborada Foundation, which supports various charitable causes, especially in the fields of medicine and education. Rausing devoted her entire life to her grandfather's horses and company, never marrying or having children of her own to preserve her legacy. Kirsten followed a similar path to wealthy US entrepreneur Theresa Heinz Kerry, who used her money to support her''political views. She has been involved in politics on a scale to support the Conservative Party as one of their sponsors, but has never sought the political center too. Rausing is highly respected by her community and was awarded the title of Vice Lieutenant of Suffolk County.

How does Kirsten Rausing spend her money?

She owns some of the most expensive cars in the world, but her main focus is on owning the best horses available anywhere in the world. But above all, Kirsten Rausing is an outstandingly successful investor and Swedish businesswoman, with a stellar eye for success and management decisions. She did not squander her inheritance, but turned it into a huge fortune by investing in promising''businesses and skillful management. She also lives in some of the most expensive homes in the world, traveling to her luxury homes around the world in private jets.

Highlights

She used the prize money won from racing her winning horse Alborada to create the Alborada Foundation. This foundation funds medical and veterinary research around the world, having already awarded more than $45 million dollars. Here are some highlights from Kirsten Rausing's career:

  • Kirsten Rausing acquired a third of TetraLaval, a company founded in 1951.
  • In 2023, Kirsten ranked 220th on Forbes' billionaires list, down from the previous year.
  • Kirsten's father, Gad, bought his father Hans' stake in TetraLaval in 1995''year.
  • In 2018, she acquired a significant stake in the IFF.
  • Kirsten won the Cartier/The Daily Telegraph Award of Merit for her achievements in horse racing.
  • The market crash has reversed the decline of the country's postal system, and she no longer receives her mail. However, she still manages to visit the country of her birth from time to time and keep up with the academic literature to keep abreast of the latest developments.

Kirsten Rausing's favorite sayings

Rausing uses her vast property to support various charitable causes, and she is often referred to as the most generous billionaire in the UK. She recently donated more than $7.5 million to the Alzheimer's Research Foundation UK, and it is reported that she''donated practically $7 million dollars to the University of Cambridge. Here are our favorite Kirsten Rausing quotes:

  • "I've been interested in animal husbandry since I was a kid." - Kirsten Rausing
  • "You usually start with the practical side of things." - Kirsten Rausing
  • "They (the bank) thought it was very funny, a young girl borrowing money to buy a horse farm." - Kirsten Rausing
  • "Mountaineer is by far the best mare in the world." - Kirsten Rausing
  • "... words that Swedish society is all clogged up with right now. I think their use is a sign of intellectual poverty." - Kirsten Rausing

3 amazing lessons from Kirsten Rausing

After you get your degree'. 's business administration in Sweden, Rausing successfully ran her factory at home before moving to Ireland to start a new job. She used her business skills and qualifications along with her inheritance to create a colossally successful horse breeding facility along with her stake in TetraLaval. Now that you know all about the sum of Kirsten Rausing's fortune, here are some of the best success lessons you can learn from Kirsten Rausing:

  1. Always diversify your investments - Kirsten Rausing's success can be attributed to her ability to diversify her assets, identifying great investment opportunities when they arise.
  2. Be passionate about what you do - Kirsten Rausing has always been passionate''business and horses, spending time and effort to learn and become an expert in her field.
  3. Make sure to come back - Kirsten has used her wealth as a force for positive change, supporting causes aligned with her values to make an impact on the world.
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