Stefan Persson

Carl Stefan Erling Persson is a Swedish business magnate. In March 2013, Forbes reported Persson’s net worth as $28 billion making him the richest of Sweden’s 12 billionaires and the 17th richest person in the world; he has since dropped to number 50.

  • Stefan Persson is Sweden’s richest person by way of global cheap chic fashion retailer Hennes & Mauritz.
  • Persson owns a 32% stake of H&M and serves as chairman.
  • H&M was founded by Persson’s father Erling in 1947.
  • Son Karl-Johan, also a billionaire, is the company’s CEO.
  • Persson’s two other children, Charlotte Söderström and Tom Persson, and his sister Lottie Tham, are also billionaires.

H&M Hennes & Mauritz Stefan Persson