Ilkka Herlin
$2.2B
Born
Jan 01, 1959
Age
66
Source of Wealth
Elevators, escalators
Residence
Helsinki,
Citizenship
Finland
Marital Status
Married
Children
4
Education
- Ilkka Herlin is the great-grandson of famed Finnish business leader Harald Herlin, who invested in Kone Elevators in 1924.
- After his father's death in 2003, Ilkka and his siblings discovered the will had been rewritten leaving most of the ownership in Kone to their brother Antti.
- Angered that they had never been informed, the siblings battled for control. The dispute ended in 2005, with Kone being split in two.
- Antti maintained control over the elevator business while his siblings were given stakes in Cargotec, producer of machinery for heavy duty ship cargo.
- Niklas, one of the sibling, passed away in 2017. Three of the siblings are billionaires.
- Ilkka Herling has a PhD in History from the University of Helsingfors.
- He is one of the founders of Baltic Sea Action Group, a trust for the conservation of the Baltic Sea, and is involved in a carbon capture technology project.
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