Gustaf Douglas’s profile picture

Gustaf Douglas

Gustaf Douglas’s profile picture
Net worth 2018: $3.68 Billion
Industry: Service
Residence: Stockholm, Sweden
Country: Sweden
BirthDay: 3 March 1938
Sigh: Aries
Children: 2
Education: Master of Business Administration, Harvard University
BIOGRAPHY

Gustaf Douglas was bornon 3 March 1938 in Stockholm, Sweden, Sweden. Gustaf Douglas is #599 in List Billionaires People In The World. Douglas was born a nobleman but without exceptional riches. After his first semester at Harvard Business School, he placed a bet on Volvo, buying 500 shares with the last of his savings and then borrowed against those holdings to pay the rest of the tuition. After business school he returned to Sweden and set out on a managerial consulting career that eventually led him to run state-owned TV channel SVT2. He was CEO of the Dagens Nyheter, Sweden's largest newspaper company and later led the film company, SF. He was forced to leave in 1980 -- the chairman believed his private investments in real estate posed a conflict of interest. In 1985 Douglas acquired a controlling stake in Swedish security firm Securitas, which he and fellow billionaire Melker Schörling turned into a global powerhouse. Today, Douglas and his family are the largest shareholders in Investment AB Latour and has interests in the world's largest producer of locks and one of the leading European light fixtures manufacturers. Douglas' two billionaire sons, Carl and Eric, sit on the board of both Investment AB Latour and several of the companies within the company's sphere. The Douglas family is among Sweden's largest private landowners.

NET WORTH STATISTIC
2009

$1.3 Billion

2010

$2 Billion

2011

$2.6 Billion

2012

$2.8 Billion

2013

$3.2 Billion

2014

$4 Billion

2015

$4.2 Billion

2016

$4.7 Billion

2017

$3.3 Billion

2018

$3.68 Billion

TIMELINE
2017

The Douglas family was introduced in the 17th century at Riddarhuset under number 19 among families of comital status

2015

His patriline is Scottish, of the Swedish-German branch, descended via two obscure generations, from the youngest son of James Douglas, 1st Lord Dalkeith, ancestor of the 15th century Earls of Morton

2013

In May 2013, Douglas acquired the only known example of the 1855 Treskilling Yellow postage stamp, one of the rarest in the world, in a private sale

2011

One of his younger sisters is Rosita Spencer-Churchill, Duchess of Marlborough third (and former) wife of John Spencer-Churchill, 11th Duke of Marlborough

2007

He has been a member of the Royal Swedish Academy of Engineering Sciences since 2007

2001

In 2001 Douglas was elected to the board of the Moderate Party

1984

After that he founded his company Investment AB Latour in 1984, through which he now controls security firm Securitas AB, the world-leading lock producer Assa Abloy and more

1964

from Harvard Business School in 1964, he worked in Sweden and was CEO of the newspapers Dagens Nyheter and Expressen between 1973 and 1980

1938

Gustaf Archibald Siegwart Douglas (born 3 March 1938) is the oldest son of Count Carl Ludvig Douglas (26 July 1908 Stjärnorp - 21 January 1961 Rio de Janeiro), a Swedish nobleman and diplomat who was Royal Swedish Ambassador to Brazil, and his Prussian wife Ottora Maria Haas-Heye (13 February 1910 Partenkirchen - 17 July 2001)

1921

1921) professor Otto Ludwig Haas-Heye (1879–1959), and had issue, including two daughters

1847

His maternal great-grandfather was Philip, Prince of Eulenburg and Hertefeld (1847–1921), a friend of Wilhelm II, whose youngest child Viktoria Ada Astrid Agnes Gräfin zu Eulenburg (1886–1967) married 1909 (div

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