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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 76)
CitizenshipSweden
EducationUniversity of Stockholm[1]
Occupationbusinessman
Known forChairman and main shareholder of H&M
Spousemarried[1]
Childrenthree[1]
RelativesErling 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 second 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 with Carolyn Denise Persson. They have three children. In 2009 his son Karl-Johan Persson took over as President and CEO of H&M.[1]

References

  1. ^ a b c d e f g "Stefan Persson - Forbes". Forbes. 9 March 2011. Retrieved May 16 2011. {{cite web}}: Check date values in: |accessdate= (help)
  2. ^ "Stefan Persson". Nationalencyklopedin (in Swedish). Retrieved 25 September 2010. (subscription required)

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