Stefan Persson (magnate)

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Stefan Persson

Stefan Persson in 2010
Born Carl Stefan Erling Persson
4 October 1947 (1947-10-04) (age 64)
Residence Stockholm
Citizenship Sweden
Education University of Stockholm[1]
Occupation businessman
Known for Chairman and main shareholder of H&M
Net worth increaseUS$24.5 billion (2011)[1]
Spouse Carolyn Denise Persson
Children three[1]
Relatives Erling Persson (father)

Stefan Persson (born 4 October 1947) is the chairman and main shareholder in fashion company Hennes & Mauritz (H&M), which was founded by his father Erling Persson.[2] Stefan took over the company in 1982 and served as its chief executive officer until 1998. According to Forbes Magazine, Persson had a net worth US$24.5 billion in 2011, making him the richest person in Sweden and the 13th richest person in the world.[1]

He is a supporter of Djurgårdens IF and is co-funding a foundation for the club.[citation needed] He also owns the small English village of Linkenholt.[1]

Persson attended the University of Stockholm. He lives in Stockholm, Sweden and is married to Carolyn Denise Persson. They have three children. In 2009 his son, Karl-Johan Persson, took over as President and CEO of H&M.[1]

[edit] References

  1. ^ a b c d e f "Stefan Persson - Forbes". Forbes. 9 March 2011. http://www.forbes.com/profile/stefan-persson. Retrieved May 16 2011. 
  2. ^ "Stefan Persson" (in Swedish). Nationalencyklopedin. http://www.ne.se/stefan-persson. Retrieved 25 September 2010.  (subscription required)
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