Kirsten Rausing Net Worth

What is Kirsten Rausing’s net worth?

net worth:	$7.9 billion
age:	72
date of birth:	June 6, 1952
gender:	female
high:	unknown
country of origin:	Sweden
Source of wealth:	entrepreneur
Last updated:	August 6, 2024

introduce

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

Her father consolidated the family’s stake in the company in the 1990s, and Kirsten and her brothers became very wealthy as a result.

Let’s take a look at her life as the 220th billionaire on the 2023 Forbes Billionaires List and how she became so wealthy.

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

Facts of Kirsten Rausing

Kirsten Rausing is a billionaire, ranked 220th on the 2023 Forbes Billionaires List
She owns a third of packaging company TetraLaval
In January 2023, Kirsten Rausing retired from the Board of Directors and was replaced by her brothers Finn and Jörn.
Her grandfather, Dr. Ruben Rausing, founded liquid food packaging company Tetra Pak in 1951.
In 1995, Kirsten’s father bought out her uncle’s stake in the company for $7 billion.

early life

Kirsten Rausing was born on June 6, 1952 in Lund, Sweden, the eldest daughter of Swedish industrialist Gad Rausing and his wife Birgit.

Kirsten grew up in luxury, enjoying the benefits of Tetra Pak’s wealth, thanks to her grandfather’s inventive skills.

Her father decided to consolidate his holdings and bought out his brother’s shares in Tetra Pak in 1995, becoming the sole owner.

She once told a reporter that she read novels by Dick Francis and Agatha Christie and improved her English language skills through osmosis.

While in school, she competed in eventing but couldn’t afford top-quality Swedish horses, so she purchased retired racehorses that were past their prime.

Although they may look like the world’s most expensive pets, they have launched an international career.

As a teenager, she became interested in bloodlines and sought advice from her grandfather, who raised gun dogs, cows and horses.

When her grandfather moved to Italy, Kirsten ran a stud farm of 18 mares and one stallion while attending school and college.

Profession

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

He wanted nothing to do with her, but changed his mind after she proved that she knew about horse bloodlines about as well as he did.

Kirsten eventually ran the Baroda Stud for Rogers, learning as she went along after being put in charge of 14 men whose accents she couldn’t understand.

Buy your own stallion

After her inheritance she looked around for opportunities to start her own horse farm, eventually settling at Lanwades Stud in Newmarket.

She financed the deal with part of her inheritance, with the rest provided by the bank and the stallion as collateral.

Her first stallion, Niniski, gained fame in the equestrian world and led to her purchase of St Simon Stud and Staffordstown in Ireland.

Served as Director of Tetra Pak

At the age of 28, Kirsten was running her own company and five years later, in 1985, she was appointed alternate director of Tetra Pak.

She worked hard to grow both her horses and Tetra Pak, and in 1991 she was offered the position of non-executive director of the company.

Kirsten Rausing continues to serve as a director of the aseptic packaging technology company until 2023, along with her brothers Jorn and Finn Rausing.

In January 2023, she announced that she would step down and retire after serving on the board for 35 years.

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

International breeder appointments

In addition to being a director of the packaging company, Rausing has been named honorary president of the Federation of European Thoroughbred Breeders’ Associations.

She has also served as chair of the British Thoroughbred Breeders’ Association and as a trustee of the British Horseracing Foundation 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

Annual net assets

Here is a breakdown of Kirsten Rausing’s net worth over the years:

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

Between running his horse breeding business and being a director of TetraLaval, Rausing lived in the UK and rarely returned to Sweden.

She used her vast wealth to create the Alborada Trust, which supports a variety of charitable causes, particularly in the fields of medicine and education.

Rausing devoted her life to her horses and her grandfather’s business, never marrying and having no children of her own to maintain her career.

Kirsten is following a similar path to wealthy American entrepreneur Theresa Heinz Kerry, who also uses money to support her political views.

She was active in politics, even supporting the Conservative Party as one of its donors, but she herself never aspired to be in the political spotlight.

Rausing was so well respected by the community that he was appointed Deputy Sheriff of Suffolk.

Awards and Achievements

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

In 2016, Rausing was appointed deputy county lieutenant for Suffolk County.
She has won the Qatar Arc de Triomphe and the Cazoo St Leger.
In 2020, Forbes wealth ranking ranked her as the 150th richest person in the world.
The Sunday Times Rich List 2021 ranked her as the seventh-richest person in the UK.
In 1974, Rausing received a degree in business administration from the School of Economics and Management at Lund University.

How does Kirsten Rausing spend her money?

While she owns some of the most expensive cars in the world, her main goal is to own the best horses in the world.

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

Rather than squandering her inheritance, she turned it into a vast fortune through investments in growing businesses and savvy management decisions.

She also lives in some of the most expensive homes in the world and travels to her palatial residences on private jets.

She used the winnings from her Stakes of Champions horse, Alborada, to establish the Alborada Trust, which provides charitable funding for medical and veterinary research worldwide and has donated more than $45 million to date.

Rausing uses her vast wealth to support a variety of philanthropic causes and is often called Britain’s most generous billionaire. She recently donated more than $7.5 million to Alzheimer’s Research UK and has reportedly donated nearly $7 million to Cambridge University.

Summary

As a billionaire and Tetra Laval shareholder, Kirsten Rausing has built a diverse business legacy, from horses and packaging to flavors and fragrances.

She was a respected horse breeder, philanthropist and influential figure in the UK, with significant investments in the local economy.

Newmarket-based Kirsten Rausing not only has a keen business acumen, but also a deep commitment to the equestrian community around the world.