#123 Billionaire
Stefan Persson
$18.0B
$-313M
(-1.7%)
SE
· Age 78
Source of wealth: H&M
Industry: fashion-retail
Organization: Hennes & Mauritz Unsponsored ADR, Chairman
Residence: Stockholm
{
"bio": [
"Stefan Persson is Sweden's richest person by way of global cheap chic fashion retailer Hennes & Mauritz, of which he owns almost 45%.",
"Persson stepped down as chairman in May 2020 after 22 years in the role; his son Karl-Johan succeeded him.",
"H&M was founded by Persson's father Erling in 1947.",
"Persson's two other children, Charlotte S'derstr?m and Tom Persson, and his sister Lottie Tham, are also billionaires."
],
"about": [
"Persson personally owns real estate in some of the world's most glamorous shopping districts, spanning New York, London, Rome and Paris."
]
}
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