Stefan Persson (magnate)
Stefan Persson | |
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Stefan Persson in 2010 | |
Born |
4 October 1947 (age 68) Stockholm, Sweden |
Nationality | Swedish |
Education | University of Stockholm |
Occupation | Business magnate |
Known for | Main shareholder of H&M |
Net worth | US$24.1 billion (June 2015)[1] |
Title | Chairman of H&M |
Spouse(s) | Carolyn Denise Persson |
Children | Karl-Johan Persson, Tom Persson, Charlotte Söderström |
Parent(s) |
Erling Persson Margrit Persson |
Relatives | Lottie Tham (sister) |
Carl Stefan Erling Persson (Swedish: [ˈsteːfan ˈpæʂɔn]; born 4 October 1947) is a Swedish business magnate. In March 2013, Forbes reported Persson's net worth as $28 billion[2] making him the richest of Sweden's 12 billionaires[2] and the 17th richest person in the world.[3] Persson is the chairman and main shareholder in fashion company H&M, which was founded by his father Erling Persson in 1947.[4] Persson took over the company from his father in 1982 and served as its manager until 1998. Persson also owns a substantial stake in the Swedish technology company, Hexagon AB. Through his privately held real estate company Ramsbury Invest, Persson owns a large amount of properties in London, Paris and Stockholm.
According to the Bloomberg Billionaires Index, Persson had a net worth of US $31.9 billion in 2014, making him the 17th richest person in the world.[5]
Personal life
Persson is a founder of the Mentor Foundation, a nonprofit organisation that aims to combat substance abuse among young people.[2] He is a supporter of Djurgårdens IF and is co-funding a foundation for the club.[6] Persson enjoys downhill skiing, tennis and golf. He owns properties in London, Paris and Stockholm and, in 2009, acquired the 21-cottage village of Linkenholt in Hampshire, England.[2]
Persson attended the University of Stockholm and lives in Stockholm, Sweden, with his wife, Carolyn Denise Persson. They have three children and, in 2009, his son, Karl-Johan Persson, took over as president and chief executive of H&M.[2] Their other two children, Tom Persson and Charlotte Söderström are billionaires in their own right.
References
- ↑ "The World's Billionaires". Forbes. Retrieved 26 June 2015.
- 1 2 3 4 5 Forbes Billionaires Sweden 2013
- ↑ Forbes The World's Billionaires
- ↑ "Stefan Persson". Nationalencyklopedin (in Swedish). Retrieved 25 September 2010. (subscription required)
- ↑ "Bloomberg Billionaires Index". Bloomberg LP. Retrieved 3 March 2014.
- ↑ Iwanowski, Frank (June 7, 2014), Stefan Persson Net Worth, Celebrity
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