He competed for Sweden at the 1984 Summer Olympics held in Los Angeles, California, where he won the silver medal in the men's 50 kilometre walk event. Gustafsson was a Latter-day Saint. He was a convert to the Church of Jesus Christ of Latter-day Saints who had joined before he competed in the Olympics.
|1978||European Championships||Praha, Czechoslovakia||10th||20 km||1:26:13.5|
|1980||Olympic Games||Moscow, Soviet Union||—||20 km||DSQ|
|1982||European Championships||Athens, Greece||—||20 km||DQ|
|1984||Olympic Games||Los Angeles, United States||2nd||50 km||3:53:19|
|1986||European Championships||Stuttgart, West Germany||7th||50 km||3:50:13|
|1987||World Championships||Rome, Italy||—||50 km||DSQ|
|1988||Olympic Games||Seoul, South Korea||7th||50 km||3:44:49|
|1990||European Championships||Split, Yugoslavia||—||50 km||DQ|
Gustafsson was born in Strömstad, Sweden to Henning and Klara Gustafsson. He was married to Lis Herrey and they had four sons and one daughter together. Son Andreas Gustafsson, who Bo coaches, is also a Swedish Olympic racewalker.
Bo Gustafsson is currently the owner of Restaurang Storseglet based in Gothenburg, Sweden. He previously founded several companies and has been the manager of many artists, including the Herreys.
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