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
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