Antti Herlin
$4.3B
Born
Nov 14, 1956
Age
69
Source of Wealth
Elevators, escalators
Residence
Kirkkonummi,
Citizenship
Finland
Marital Status
Married
Children
4
Education
- 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.
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