Niklas Herlin’s profile picture

Niklas Herlin

Niklas Herlin’s profile picture
Net worth 2018: $1.4 Billion
Industry: Manufacturing
Country: Finland
Children: 2
BIOGRAPHY

Niklas Herlin was born in Finland. Niklas Herlin died in October 2017 at age 53. He was the great-grandson of Harald Herlin, who invested in elevator and escalator manufacturer Kone in 1924. After his father's death in 2003, Niklas and his siblings Ilkka and Ilona discovered their father had rewritten his will in 1999 and left most of the ownership in Kone to their brother Antti. Angered that they had never been informed, the siblings battled for control. The dispute ended in 2005, with Kone being split in two. Antti maintained control over the core elevator business, still called Kone. Niklas and two of his siblings, also billionaires, received a minority stake in Kone and a majority stake in Cargotec, a cargo machinery and solutions outfit that was once a division of Kone. Niklas was also the second-largest shareholder in Finnish publishing company Alma Media.

NET WORTH STATISTIC
2014

$1.1 Billion

2015

$1.15 Billion

2016

$1.1 Billion

2017

$1.4 Billion

2018

$1.4 Billion

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