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Bloomberg Markets' 50 Most Influential

By Bloomberg Markets - 2012-09-05T07:58:26Z

Photograph by Camera Press/Redux

Company Symbol % Change
4 of 55

John Fredriksen

Chairman, Seadrill Ltd.

One way to wield influence in the world of finance is simple: Bet large. That's what Norwegian-born oil tanker magnate John Fredriksen does. He's investing $7 billion in oil-drilling rigs and another $4 billion in ships to move liquefied natural gas and other fuels. His gut tells him that the shipping markets he plays in have fallen about as far as they will go. "I like to be a buyer at the bottom," he says in our profile. "This is the game."