Karl-Johan Persson | |
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Persson in 2014
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Born | 23 March 1975 |
Residence | , Sweden |
Citizenship | Swedish |
Education | European Business School |
Known for | President and CEO of H&M |
Net worth | US$1.93 billion (Forbes April 2017) |
Spouse(s) | Leonie Gillberg |
Children | 3 |
Parent(s) |
Stefan Persson Pamela Collett |
Relatives |
Erling Persson (grandfather) Tom Persson (brother) Charlotte Söderström (sister) Lottie Tham (aunt) |
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. As of April 2017, according to Forbes, he has a net worth of US$1.93 billion.
Persson attended the European Business School in London from 1996, majoring in Business and Economics. He graduated in 2002.
In 2001, Persson purchased an events management business, which established itself as the leading events management company in Scandinavia. The business was successfully sold in 2007 to MCI. 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.
He is married to Leonie Gillberg, they have two children, and live in , Sweden.Crown Princess Victoria of Sweden attended their wedding in 2002.
Persson is a supporter of Stockholm based football club Djurgårdens IF and has also been supported the club financially.