Melker Schorling’s profile picture

Melker Schorling

Melker Schorling’s profile picture
Net worth 2018: $8.3 Billion
Industry: Investments
Residence: Stockholm, Sweden
Country: Sweden
BirthDay: 15 May 1947
Sigh: Gemini
Children: 2
Education: Master of Business Administration, Gothenburg University
BIOGRAPHY

Melker Schorling was bornon 15 May 1947 in Stockholm, Sweden, Sweden. Melker Schorling is #192 in List Billionaires People In The World. Melker Schörling lay the foundation for his wealth by negotiating with fellow billionaire Gustaf Douglas to get a stake in troubled security-giant Securitas in return to accepting the CEO role in 1987. A little more than a decade later, he set up Melker Schörling AB as a holding company for his investments. Now publicly traded, Melker Schörling AB holds stakes in precision-measuring tool maker Hexagon and lock manufacturer Assa Abloy and counts H&M billionaires Stefan Persson and his sister Lottie as shareholders. Stefan is also a longtime board member, as is both his daughter Sofia and Märta. Schörling announced he would leave his chairman post in 2017, citing health issues.

NET WORTH STATISTIC
2010

$1.7 Billion

2011

$2.9 Billion

2012

$3 Billion

2013

$4.1 Billion

2014

$5.4 Billion

2015

$6.4 Billion

2016

$5.7 Billion

2017

$6.8 Billion

2018

$8.3 Billion

TIMELINE
2006

In August 2006, Schörling revealed that he would take MSAB public, listing it on the Stockholm Stock Exchange

1987

He made a name for himself as the CEO of Securitas in 1987 before moving on to Skanska, when Percy Barnevik was chair

1947

Melker Schörling (born 1947) is a Swedish billionaire businessman

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