Kirsten Rausing Net Worth

How much is Kirsten Rausing’s net worth?

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net worth:	$7.9 billion
age:	72
Birth:	June 6, 1952
gender:	Woman
Height:	unknown
country of origin:	Sweden
Sources of funds:	entrepreneur
Last Updated:	August 5, 2024

Introduction

Kirsten Rausing is the granddaughter of Dr. Ruben Rausing, who invented the Tetra Pak concept of storing liquids in cartons instead of glass bottles.

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In the 1990s her father consolidated the family’s stake in the company, making Kirsten and her brother very wealthy.

Here’s a look at her life, ranked 220th on the 2023 Forbes billionaires list, and how she became so rich.

Kirsten Rausing’s net worth is estimated at $7.9 billion.

Kirsten Rausing Facts

Kirsten Rausing is a billionaire, ranked 220th on the Forbes billionaires list for 2023
She owns a third stake in packaging company TetraLaval
Kirsten Rausing retires from the board in January 2023, leaving her brothers, Finn and Jørn, in charge.
His grandfather, Dr. Ruben Rausing, founded the liquid food 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 on 6 June 1952 in Lund, Sweden, the eldest child of Swedish industrialist Gad Rausing and his wife Birgit.

Thanks to her grandfather’s inventive skills, Kirsten grew up in the lap of luxury and enjoyed the benefits of tetra packs.

After his father decided to consolidate his shareholding, he bought out his brother’s stake in Tetra Pak in 1995 and became its sole owner.

He once told a journalist that he read novels by Dick Francis and Agatha Christie, which developed his English language skills.

While at school, she competed in events but was unable to afford top Swedish horses, so she purchased former racehorses who were past their best years.

Although these appeared to be the world’s most expensive pets, they were the beginning of an international career.

He developed an interest in pedigrees as a teenager, taking advice from his grandfather, who bred gun dogs, dairy cattle and, eventually, horses.

When her grandfather moved to Italy, Kirsten ran a stud farm with 18 mares and one stallion while she attended school and university.

Livelihood

She left Sweden to run a stud farm in Ireland, but upon arriving in Ireland in her converted car, Dakota, she met Captain Tim Rogers.

He had wanted nothing to do with her, but when she proved that she knew almost as much about his horses’ pedigrees as he did, he agreed with her.

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Kirsten eventually took over running Baroda Stud for Rogers, and was put in charge of 14 people whose accents she did not understand.

Buying Your Own Studs

After receiving her inheritance she looked for opportunities to open her own stud and settled on Lanwades Stud in Newmarket.

He used part of his inheritance to finance the deal, giving the remainder to the bank as collateral.

His first horse, Niniski, made a name for him in the equestrian world and led to his purchasing the St Simon Stud in Ireland as well as Staffordstown.

Directorship of TetraPak

By the age of 28, Kirsten was running her own business and just five years later, in 1985, she was made an alternate director of TetraPak.

He worked hard to sustain both his studs and Tetra Pak and this led to him becoming a non-executive director in the company in 1991.

Kirsten Rausing continues to play a role at the aseptic packaging technology company as a director together with her brothers Jørn and Finn Rausing until 2023.

In January 2023, she announced that after more than 35 years on the board, she was stepping down and retiring from the business.

Although Kirsten is extremely wealthy, her net worth is nowhere near that of Alice Walton or Geoff Bezos’ wife Mackensie Scott.

International breeder appointments

In addition to his directorship of the packaging company, Rausing was also appointed Honorary President of the European Federation of Thoroughbred Breeders’ Associations.

She is also a former President of the Thoroughbred Breeders’ Association of Great Britain and a Trustee of the Racing Foundation (UK) from 2012 to 2017.

Career Income

Here is an estimated overview of Kirsten Rausing’s career earnings:

2014 – $40 million
2015 – $45 million
2016 – $50 million
2017 – $65 million
2018 – $60 million
2019 – $75 million
2020 – $78 million
2021 – $80 million
2022 – $65 million
2023 – $50 million

total assets annual

Here are the details of Kirsten Rausing’s annual net worth:

2014 – $5 billion
2015 – $5.1 billion
2016 – $5.5 billion
2017 – $6 billion
2018 – $6.6 billion
2019 – $7.9 billion
2020 – $9.1 billion
2021 – $13.9 billion
2022 – $9.8 billion
2023 – $7.9 billion

personal life

While running her horse breeding business and serving as a director of Tetraval, Rausing remained in the UK and returned to Sweden only occasionally.

He used his substantial wealth to set up the Alborada Trust, which supports various charitable causes, particularly in the fields of medicine and education.

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Rausing focused her entire life on her horses and her grandfather’s company, never marrying or having children in order to maintain his legacy.

Kirsten followed a similar path to wealthy American entrepreneur Teresa Heinz Kerry, who used her wealth to support her political views.

He has involved himself in politics to the extent that he has supported the Conservative Party as a donor, but he has never sought the political spotlight himself.

Rausing is well respected in his community, and has been appointed to the position of Deputy Lieutenant for Suffolk County.

Awards and achievements

Here are some of the best moments from Kirsten Rausing’s career:

In 2016, Rausing was appointed deputy lieutenant for Suffolk County.
He has won the Qatar Prix de l’Arc de Triomphe and the Cajun St Leger.
In 2020, Forbes Wealth Ranking listed him as the 150th richest person in the world.
The Sunday Times Rich List 2021 ranked him 7th among the wealthiest people in the UK.
In 1974, Rausing received a degree in business administration from the Lund University School of Economics and Management.

How does Kirsten Rausing spend her money?

Although he owns some of the most expensive cars in the world, his main goal is to buy the best horses available in the world.

But, first and foremost, Kirsten Rausing is an exceptionally successful investor and Swedish businesswoman with an eye for detail and winning deals.

He did not squander his inheritance but turned it into a massive fortune through investments in growing businesses and shrewd management decisions.

She lives in some of the most expensive homes in the world and travels to her luxurious homes by private jet.

He used the prize money he earned from racing his winning Champion Stakes horse Alborada to establish the Alborada Trust. The trust provides charitable funding for medical and veterinary research worldwide, raising more than $45 million to date.

Rausing uses her immense wealth for various charitable causes and is often called the most generous billionaire in the U.K. She recently donated over $7.5 million to Alzheimer’s Research U.K. and is reported to have given about $7 million to the University of Cambridge.

Summary

As a billionaire and shareholder of TetraLaval, Kirsten Rausing built a diverse business legacy ranging from horses and packaging to flavors and fragrances.

He is an acclaimed horse breeder, philanthropist and an influential figure in Britain who has invested heavily in the local economy.

While based in Newmarket, Kirsten Rausing has balanced her business acumen with a deep commitment to the equestrian community worldwide.