Stefan Persson (magnate)
| Stefan Persson | |
|---|---|
Stefan Persson in 2010
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| Born |
4 October 1947 (age 69) , Sweden |
| Residence | Stockholm, Sweden |
| Nationality | Swedish |
| Education | |
| Occupation | Business magnate |
| Known for | Chairman of H&M |
| Net worth | US$24.1 billion (June 2015) |
| Spouse(s) | Carolyn Denise Persson |
| Children |
Karl-Johan Persson Charlotte Söderström Tom Persson |
| Parent(s) |
Erling Persson Margrit Persson |
| Relatives | Lottie Tham (sister) |
Carl Stefan Erling Persson (Swedish: [ˈsteːfan ˈpæʂɔn]; born 4 October 1947) is a Swedish business magnate. In March 2013, Forbes reported Persson's net worth as $28 billion making him the richest of Sweden's 12 billionaires and the 17th richest person in the world. Persson is the chairman and main shareholder in fashion company H&M, which was founded by his father Erling Persson in 1947. Persson took over the company from his father in 1982 and served as its manager until 1998. Persson also owns a substantial stake in the Swedish technology company Hexagon AB. Through his privately held real estate company Ramsbury Invest, Persson owns a large amount of properties in London, Paris and Stockholm.
According to the Bloomberg Billionaires Index, Persson had a net worth of US $31.9 billion in 2014, making him the 17th richest person in the world.
Stefan Persson is the son of Erling Persson, who founded H&M in 1947. He attended the
Persson is a founder of the Mentor Foundation, a nonprofit organisation that aims to combat substance abuse among young people. He is a supporter of Djurgårdens IF and is co-funding a foundation for the club. Persson enjoys downhill skiing, tennis and golf. He owns properties in London, Paris and Stockholm and, in 2009, acquired the 21-cottage village of Linkenholt in Hampshire, England.
Persson lives in , Sweden, with his wife, Carolyn Denise Persson. They have three children. In 2009, his son, Karl-Johan Persson, took over as president and chief executive of H&M. Their other two children, Tom Persson and Charlotte Söderström are billionaires in their own right.
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