Portrait of Karl Hedin

Rank #2635

Karl Hedin

Net worth $1.5B

Lumber · Sweden

Born
Aug 26, 1949
Age
76
Source
Lumber
Residence
Ludvika
Citizenship
Sweden
Marital status
Married
Children
2
Education

Net worth over time

Biography

  • Karl Hedin is the owner of AB Karl Hedin, a Swedish timber group in sawmills, building materials and forestry.
  • The company was founded by Hedin's grandfather in 1937 and is now a leading player in Sweden's forest industry.
  • Hedin is known for his strong views on forest ownership and has criticized Swedish environmental policy.
  • In March 2025, Hedin announced plans to sell the group's sawmills and packaging division.