Karl-Johan Persson
$2.3B
Born
Mar 25, 1975
Age
50
Source of Wealth
H&M
Residence
Stockholm,
Citizenship
Sweden
Marital Status
Married
Children
2
Education
Bachelor of Arts/Science, London Business School
- 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.
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