Bertil Hult’s profile picture

Bertil Hult

Bertil Hult’s profile picture
Net worth 2018: $4.5 Billion
Industry: Service
Residence: Lucerne, Switzerland
Country: Sweden
BirthDay: 1941
Children: 4
Education: "Source Of Wealth":"education, Self Made","Residence":"Lucerne, Switzerland","Citizenship":"Sweden","Marital Status":"Married","Children":"4
BIOGRAPHY

Bertil Hult was bornon 1941 in Lucerne, Switzerland, Sweden. Bertil Hult is #473 in List Billionaires People In The World. Bertil Hult dropped out of college after just a year to start a business in his dormitory's basement, organizing summer trips to help Swedish students learn English in the UK during their holiday break. Today his company, EF Education First, run by his three oldest sons, offers cultural exchanges, educational travel, language training and degree programs in 53 countries. It is the official supplier of language training for the Olympic games; for the 2016 games in Rio De Janeiro, EF says it helped teach English to 1 million Brazilians. A dyslexic, he donates money to a Swedish school that focuses on innovative approaches to educating children with the learning disability. He is friendly with the Swedish royal family and together with the Queen he founded the Mentor Foundation, which works to prevent substance abuse. He is also the benefactor of the Hult Prize, a partnership with former President Bill Clinton that awards $1 million in seed funding to the winners of a student competition focused on launching a social business that solves specific challenges like food security, water quality and access, and early childhood education in the urban slums.

NET WORTH STATISTIC
2012

$3 Billion

2013

$4.1 Billion

2014

$4 Billion

2015

$5 Billion

2016

$4 Billion

2017

$4 Billion

2018

$4.5 Billion

TIMELINE
2015

Forbes estimates Bertil's net worth to be 5 billion USD as of March, 2015

2014

In 2014, Bertil Hult was named a Laureate by the World Entrepreneurship Forum

2012

In 2012, Bertil Hult was awarded the Lucia Trade Award by the Swedish-American Chamber of Commerce for his contribution to fostering free trade between Sweden and the United States

2006

In 2006 he was elected International Swede of the Year

2003

Starting in 2003, the Bertil Hult Prize has been given to a Swedish school once every year, based on their support for dyslexia education

2002

He served as the company's CEO until 2002, as its chairman until 2008, and is now semi-retired

1998

He is a keen sailor and his boat, EF Education with skipper Paul Cayard, won the last Whitbread Round the World Race in 1998

1993

In 1993, he was a founding member of the Geneva based Mentor Foundation, “an independent, non-governmental, not for profit, apolitical organization” focused on supporting research and initiatives in drug prevention

1971

In 1971, he moved from Sweden to Germany, and in 1977, he established EF's head office in Lucerne, Switzerland, where he now lives

1941

Bertil Hult (born 1941) is a Swedish business man who founded the educational and language school company, EF Education First, in 1965

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