Ilona Herlin
$2.1B
Born
Jan 01, 1965
Age
60
Source of Wealth
Elevators, escalators
Residence
Helsinki,
Citizenship
Finland
Marital Status
Married
Children
0
Education
- Ilona Herlin is the great-granddaughter of Finnish business leader Harald Herlin, who invested in Kone Elevators in 1924.
- After her father's death in 2003, Ilona and her siblings discovered the will had been rewritten leaving most of the ownership in Kone to 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 siblings, passed away in 2017. Three of the siblings are billionaires.
- Ilona is a linguist by training and an associate professor at Helsinki University.
- Her research, leading to calls for a simplification of the Finnish language, has sparked debate in academia.
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