Stefan Persson’s profile picture

Stefan Persson

Chairman, H&M
Stefan Persson’s profile picture
Net worth 2018: $16.41 Billion
Residence: Stockholm, Sweden
Country: Sweden
Children: 3
Education: Associate in Arts / Science, University of Stockholm
BIOGRAPHY

Stefan Persson was born in Stockholm, Sweden, Sweden, is Chairman, H&M. Stefan Persson is #76 in List Billionaires People In The World. Stefan Persson is Sweden's richest person by way of global cheap chic fashion retailer H&M (Hennes & Mauritz), where he owns a 28% stake and serves as chairman. His father, Erling Persson, founded the chain in 1947. In order to meet its goal of a 10% annual increase in new stores, H&M has to average one store opening a day. Led by Stefan Persson as the chairman, the fast fashion giant opened new stores in a number of new markets, including India and South Africa, while most of the new stores are opened in China. Stefan was CEO for 16 years until 1998. Son Karl-Johan, also a billionaire, is now in the top job. Two other children, Charlotte Söderström and Tom Persson, are billionaires, as is sister Lottie. Outside of H&M, Persson has been building a portfolio of first class retail property across Europe and the U.S. Through Ramsbury Property he owns real estate in some of the worlds's most glamorous shopping districts, spanning Fifth Ave in New York, Oxford Street in London, Via del Corso in Rome and the Champs-Elysée in Paris. In the U.K. he owns the 8,700-acre Savernake Estate in Wiltshire and Linkenholt, the Hampshire village he bought in 2009. He enjoys downhill skiing, tennis and golf.

NET WORTH STATISTIC
2009

$14.5 Billion

2010

$22.4 Billion

2011

$24.5 Billion

2012

$26 Billion

2013

$28 Billion

2014

$34.4 Billion

2015

$24.5 Billion

2016

$20.8 Billion

2017

$19.6 Billion

2018

$16.41 Billion

TIMELINE
Stefan Persson may refer to:
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