Axel Wilhelm Dinesen (1865-1932) was born in Copenhagen on October 15, 1865. His father was Johan Ulrik Peter Vilhelm Dinesen, and his mother was Alvilde Dinesen. He initially trained as an officer before becoming a farmer. Axel took over Gl. Wiffertsholm Estate in 1890 and Skjørringe Estate in 1904, after his stepfather Jens Kraft Jacob Sophus Dinesen (1830-1910) had purchased them for him. He inherited Kragerup Estate in 1914 after the death of his brother, Jens Kraft Dinesen (1864-1914). Axel rebuilt the old main building of Gl. Wiffertsholm, restored the main building of Skjørringe, renovated Ørslev Church, and constructed a new, modern barn at Skjørringe. Additionally, he improved the estates' farm buildings, tenant farms, staff residences, and planted forests at both Gl. Wiffertsholm and Kragerup Estate.

In 1894, Axel married Ida van Deurs (1868-1964), and they had two children: Jørgen Eigil Wiffert Dinesen and Mogens Vilhelm Dinesen, with Jørgen inheriting Kragerup Estate as the eldest.

Axel passed away on April 25, 1932, at Skjørringe Estate.