World’s second-youngest billionaire faces penalty of £23,000 for drink-driving in Norway

World’s second-youngest billionaire faces penalty of £23,000 for drink-driving in Norway

Oslo: In Norway, where fines are related to defendant’s income, a 22 year old, Katharina Andresen, second youngest billionaire in the world was fined for drink-driving. She was three times over the legal limit while on her way to her family’s ski resort chalet in Hafjell.

According to a report by Dailymail, Forbes considers Andersen with fortune of $1.23 billion to be the richest woman of her country. She could be fined upto 40 million kroner (£3,673,319) in Norway, where penalties are based on offenders’ assets. Since the assets have not yielded any dividends she avoided to pay much higher amount.

According VG, in 2004, a Norwegian woman who had drunk up to 11 glasses of wine in a bar in the country’s capital and hitted three vehicles which were parked in just 100 metres of road was fined a record 500,000 kroner (£39,000) for drink-driving, according VG.

Andersen had a 42 per cent share in her family’s investment company since her father gifted it to her in 2007. Though she had no fixed income. She was also banned from driving for 13 months after appearing at Oslo City Court.

Norway’s legal limit of 0.02 is one of the strictest in Europe. On the other hand the legal limit in England, Wales and Northern Ireland is set at 0.08.

 

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