Rank #363
Fredrik Lundberg
Net worth $9.5B
Real estate, investments · Sweden
- Born
- Aug 05, 1951
- Age
- 74
- Source
- Real estate, investments
- Residence
- Stockholm
- Citizenship
- Sweden
- Marital status
- Married
- Children
- 2
- Education
- Bachelor of Arts/Science, Stockholm School of Economics
Net worth over time
Biography
- Fredrik Lundberg is CEO and chairman of L.E. Lundbergforetagen AB, founded by his father Lars in 1944 as a construction outfit.
- Fredrik took over management of the firm in 1981.
- Today it's a diversified holding company with investments in property management and other businesses.
- Daughters Louise and Katarina, also billionaires, both sit on the board and each own a 15% stake in the group.
- Through his holdings, Lundberg has a strong say in a dozen of Sweden's largest firms, including construction company Skanska, pulp and paper companies Holmen, as well as truck-maker Volvo.
- Lundberg moved his family to Switzerland in 1985 to avoid punitive taxes but later returned to Sweden.
- Lundberg was once a junior curling world champion.
Financial assets
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