Stefan Persson (magnate)
Stefan Persson | |
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 Stefan Persson in 2010 | |
| Born | 4 October 1947 (age 76) Stockholm, Sweden |
| Nationality | Swedish |
| Education | Stockholm University |
| Occupation | Business magnate |
| Known for | Chairman of H&M |
| Spouse | Carolyn Denise Persson |
| Children | Karl-Johan Persson Charlotte Söderström Tom Persson |
| Parent(s) | Erling Persson Margrit Persson |
| Relatives | Lottie Tham (sister) |
Carl Stefan Erling Persson (Swedish: [ˈstěːfan ˈpæ̌ːʂɔn]; born 4 October 1947) is a Swedish business magnate. In March 2013, Forbes reported Persson's net worth as $28 billion[2] making him the richest of Sweden's 12 billionaires[2] and the 17th richest person in the world;[3] he has since dropped to number 50.[4] Persson is the chairman and main shareholder in fashion company H&M, which was founded by his father Erling Persson in 1947.[5] Persson took over the company from his father in 1982 and served as its manager until 1998. Persson also owns a substantial stake in the Swedish technology company Hexagon AB. Through his privately held real estate company Ramsbury Invest, Persson owns a large number of properties in London, Paris and Stockholm.
According to the Forbes Billionaires List Persson had a net worth of US $18.5 billion in 2019, making him the 58th richest person in the world at the time.[6]
Early life
Stefan Persson is the son of Erling Persson, who founded H&M in 1947.[5] He attended Stockholm University.
Personal life
Persson is a founder of the Mentor Foundation, a non-profit organisation that aims to combat substance abuse among young people.[2] He is a supporter of Djurgårdens IF and is co-funding a foundation for the club.[7] Persson enjoys downhill skiing, tennis and golf. He owns properties in London, Paris and Stockholm and, in 2009, acquired the 21-cottage village of Linkenholt in Hampshire, England.[2]
Persson lives in Stockholm, Sweden, with his second wife, Carolyn Denise Persson. They have three children. In 2009, his son, Karl-Johan Persson, took over as president and chief executive of H&M.[2] Their other two children, Tom Persson and Charlotte Söderström are also billionaires.
References
- ^ "The World's Billionaires". Forbes. Retrieved 26 June 2015.
- ^ a b c d e Forbes Billionaires Sweden 2013
- ^ Forbes The World's Billionaires
- ^ "Stefan Persson". Forbes. Retrieved 26 December 2017.
- ^ a b "Stefan Persson". Nationalencyklopedin (in Swedish). Retrieved 25 September 2010. (subscription required)
- ^ "Forbes Billionaires List". Forbes. Retrieved 10 October 2019.
{{cite web}}:|archive-date=requires|archive-url=(help)CS1 maint: url-status (link) - ^ Iwanowski, Frank (7 June 2014), Stefan Persson Net Worth, Celebrity
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