Portrait of Eric Douglas

Rank #758

Eric Douglas

Net worth $5.5B

Investments · Sweden

Born
May 01, 1968
Age
58
Source
Investments
Residence
Stockholm
Citizenship
Sweden
Marital status
Married
Children
0
Education
Bachelor of Arts/Economics, Lund University

Net worth over time

Biography

  • The son of billionaire Gustaf Douglas, Eric has sat on the board of the family's investment company Wasatornet for more than a decade.
  • The Douglas family is the largest shareholder of Latour AB, which holds stakes in Securitas AB and Assa Abloy, the world's largest lock producer.
  • Latour is also the main shareholder in AB Fagerhult, one of the leading European manufacturer of light fixtures and several other public companies.
  • Eric is a board member of Latour AB, chairman of the boards of Pod Investment AB and Sparb'ssan Fastigheter AB, and vice chairman of AB Fagerhult.
  • The Douglas family is one of the largest land owners in Sweden.
  • The Douglas family earned its nobility via Robert Douglas, a Scottish immigrant who became general over the Swedish forces and fought in the Thirty Years' War.
  • Eric inherited the castle Stj?rnorp, built by Robert Douglas in the 1650's. The castle was destroyed in 1789, but the ruins are still a famous landmark in the area.

Financial assets

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