Fredrik Lundberg
$8.5B
Born
Aug 05, 1951
Age
74
Source of Wealth
Real estate, investments
Residence
Stockholm,
Citizenship
Sweden
Marital Status
Married
Children
2
Education
Bachelor of Arts/Science, Stockholm School of Economics
- 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.
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