Erik Selin
$4.9B
Born
May 08, 1967
Age
58
Source of Wealth
Real estate
Residence
Göteborg,
Citizenship
Sweden
Marital Status
Divorced
Children
0
Education
- Erik Selin is CEO of publicly traded real estate firm Fastighets AB Balder, which he founded in 2005.
- Selin skipped college to focus on his stock investments but lost it all in the crash of 1987, before moving on to property trades.
- At age 24, Selin convinced a local bank to lend him $2 million to finance a deal for a residential development in ?ngelholm, Sweden.
- Today 56% of the real estate held by Balder is residential.
- Balder also has 50 hotels, making it one of Sweden's largest hotel owners.
- Selin claims to have started reading annual reports at age 12 and trading securities at age 14 with money from summer jobs.
- Balder is a partner in a new travel center in Sweden that was supposedly one of the last projects of famed architect Zaha Hadid.
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