Portrait of Lottie Tham & family

Rank #1416

Lottie Tham & family

Net worth $3.0B

H&M · Sweden

Born
Apr 18, 1949
Age
77
Source
H&M
Residence
Stockholm
Citizenship
Sweden
Marital status
Married
Children
3
Education

Net worth over time

Biography

  • Lottie Tham owns more than 5% of cheap chic fashion retailer H&M.
  • The company was founded by her late father Erling Persson in 1947, and her nephew Karl-Johan Persson is the current CEO.
  • Her brother, Sweden's richest person Stefan Persson, is H&M's former CEO and chairman.
  • Her nephew Tom Persson and niece Charlotte S'derstr?m are also billionaires.
  • Lottie Tham has no role in H&M and tries her best to stay out of the public eye.
  • Lottie and her husband also invest in real estate, including hotels, commercial buildings and land.
  • Her father got the idea for H&M during a road-trip in the U.S. when he saw the department stores in New York.

Financial assets

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