Karl-Johan Persson was bornon 23 March 1975 in Stockholm, Sweden, Sweden. Karl-Johan Persson is #1484 in List Billionaires People In The World. Karl-Johan Persson is the third generation of his family to head up fashion favorite. He took the reins from his father, billionaire Stefan Persson, in 2009. Karl-Johan's grandfather, Erling Persson, founded H&M in 1947, and the company has since grown to a global retail power house with more than 3,900 stores in 64 countries . While reaching for the goal to increasing number of store annually by 10%, Persson is pushing H&M to average one store-opening a day, primarily focusing on China, and new markets like India and South Africa. Karl-Johan Persson's sister Charlotte Söderström, brother Tom Persson, and aunt Lottie Tham, are also billionaires. Karl-Johan Persson is an avid sports enthusiast enjoys playing tennis. Crown princess Victoria is the godmother to one of his children.
As of April 2017, according to Forbes, he has a net worth of US$1
In 2005, he joined H&M in an operational role, working his way up to head of expansion and head of business development in 2007, before being appointed CEO in 2009 to succeed Rolf Eriksen
Crown Princess Victoria of Sweden attended their wedding in 2002
In 2001, Persson purchased an events management business, which established itself as the leading events management company in Scandinavia
Persson attended the European Business School in London from 1996, majoring in Business and Economics
Karl-Johan Erling Göran Persson (born 23 March 1975) is a Swedish billionaire businessman, the chief executive officer (CEO) and president of the fashion company Hennes & Mauritz (H&M), which was founded by his grandfather Erling Persson