Portrait of Karl-Johan Persson

Rank #2052

Karl-Johan Persson

Net worth $2.0B

H&M · Sweden

Born
Mar 25, 1975
Age
51
Source
H&M
Residence
Stockholm
Citizenship
Sweden
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, London Business School

Net worth over time

Biography

  • Karl-Johan Persson, the third generation of his family to head up H&M, was appointed to chairman of the fast fashion favorite in 2020.
  • He served as CEO from 2009 when he took the reins from his father, billionaire Stefan Persson.
  • Karl-Johan's grandfather, Erling Persson, founded H&M in 1947.
  • The company has since grown into a global retail power house with more than 4,400 stores in 66 countries.
  • Persson's sister Charlotte S'derstr?m, brother Tom Persson, and aunt Lottie Tham, are also billionaires.
  • Crown princess Victoria is the godmother to one of his children.
  • Karl-Johan is an active investor in unlisted Nordic tech companies, including online food grocer MatHem.se.

Financial assets

Exchange Ticker Company Shares Price Currency