Antti Herlin

Net worth over time

Biography

• Finland's richest person, Antti Herlin, is chairman of Kone Corporation, the world's third-largest maker of elevators and escalators.
• His great-grandfather initially invested in Kone in 1924, and Herlin served as CEO from 1996 to 2006.
• Kone's products appear around the world in such places as Shanghai Hongqiao International Airport and Makkah Clock Royal Tower hotel in Saudi Arabia.
• During his tenure as CEO, he expanded operations through acquisitions and alliances, and was given control of the firm as reward by his father Pekka.
• Herlin holds shares in Finnish media firm Sanoma, owner of Finland's largest newspaper Helsingin Sanomat.
• Herlin's son Jussi is Kone's vice chairman, and his daughter Iiris is on the board of directors.
• After his father's death, 3 of his siblings sued him over his larger stake. The dispute was solved in 2005, leaving the siblings with stakes in spinoff Cargotec.
• Kone has taken its R&D underground, In 2017 they expanded the elevator test facilities in Tytyri to reach 350 meters (1150 feet) inside a working limestone mine.

Financial assets