Portrait of Stefan Persson

Rank #130

Stefan Persson

Net worth $21.5B

H&M · Sweden

Born
Oct 04, 1947
Age
78
Source
H&M
Residence
Stockholm
Citizenship
Sweden
Marital status
Married
Children
3
Education
Associate in Arts/Science, University of Stockholm

Net worth over time

Biography

  • Stefan Persson is Sweden's richest person by way of global cheap chic fashion retailer Hennes & Mauritz, of which he owns almost 50%.
  • Persson stepped down as chairman in May 2020 after 22 years in the role; his son Karl-Johan succeeded him.
  • H&M was founded by Persson's father Erling in 1947.
  • Persson's two other children, Charlotte S'derstr?m and Tom Persson, and his sister Lottie Tham, are also billionaires.
  • Persson personally owns real estate in some of the world's most glamorous shopping districts, spanning New York, London, Rome and Paris.

Financial assets

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