Stefan Persson
About Stefan Persson:
Stefan Persson is a Swedish billionaire businessman and the former Chairman of H&M (Hennes & Mauritz AB), a multinational clothing retail company. He was born on October 4, 1947, in Stockholm, Sweden, to Erling Persson, the founder of H&M.
Stefan Persson has a degree in economics from the Stockholm School of Economics. After graduating, he joined his father's company, H&M, and worked his way up to become the CEO of the company in 1982. He later became the Chairman of H&M in 1998, a position he held until 2020.
Under Persson's leadership, H&M expanded from a small Swedish retailer to a global fashion brand with stores in more than 70 countries. As of 2021, H&M has over 5,000 stores worldwide and is one of the largest fashion retailers in the world.
In addition to his work at H&M, Persson is also involved in philanthropy and has donated significant sums of money to various charitable causes. He is also an avid art collector and has a large collection of contemporary art, which is on display in his private museum in Stockholm. As of 2021, Forbes estimates his net worth to be $20.2 billion USD, making him one of the richest people in Sweden.
Stefan Persson Net Worth:
As of 2021, Forbes estimates Stefan Persson's net worth to be $20.2 billion USD, which makes him one of the wealthiest people in Sweden and in the world. His fortune primarily comes from his stake in the clothing retail company H&M, which was founded by his father. Persson served as the CEO and Chairman of H&M for many years and has played a significant role in its growth and success. In addition to his wealth, Persson is also known for his philanthropic activities and art collection.
Stefan Persson Net Worth in Rupees:
As of 2021, Stefan Persson's net worth is approximately 1.49 lakh crore Indian Rupees (INR). However, please note that currency exchange rates can fluctuate frequently, so this estimate is subject to change.
Stefan Persson One Day Income:
It is difficult to determine Stefan Persson's one day income as it largely depends on various factors such as his investments, business ventures, and market fluctuations. However, assuming his net worth remains relatively stable, his daily income would be around $55 million USD, which is roughly 4.05 crore Indian Rupees (INR) per day.
Stefan Persson Education:
Stefan Persson attended Stockholm University in Sweden, where he pursued a degree in Economics. He graduated in 1972 with a Bachelor of Science in Economics.
After graduation, Persson worked at the Swedish bank Svenska Handelsbanken for a few years before joining his father's company, Hennes & Mauritz (H&M), in the late 1970s. Initially, he worked in the purchasing and production departments, but later he took over as the CEO and Chairman of the company in 1982.
Persson's education in economics has been instrumental in his success in the business world. His knowledge of macroeconomic factors and market trends has helped him make strategic decisions for H&M, leading to the company's growth and success.
Stefan Persson Life Style:
Stefan Persson has a reputation for being a private individual, so not much is known about his lifestyle. However, as a billionaire, he is known to have an extravagant lifestyle with several luxurious properties, yachts, and private jets. He owns several properties around the world, including a mansion in Stockholm, a villa in Beverly Hills, and a private island in the Bahamas.
In his free time, Persson enjoys skiing, hunting, and horse racing. He is known to be an avid art collector and has invested heavily in art pieces over the years. He is also involved in several philanthropic activities, including funding medical research and supporting cultural projects in Sweden.
Stefan Persson Companies:
Stefan Persson is the chairman of H&M (Hennes & Mauritz AB), a Swedish multinational clothing-retail company. H&M was founded by Persson's father, Erling Persson, in 1947, and Stefan Persson took over as CEO in 1982. Under his leadership, H&M grew to become one of the largest fashion retailers in the world, with over 5,000 stores in 74 countries.
In addition to H&M, Persson also has stakes in several other companies, including:
1. Ramsbury Invest AB, a Swedish investment company
2. Melker Schörling AB, a Swedish investment holding company
3. Hexagon AB, a Swedish technology company
4. Enskilda Securities, a Swedish investment bank
Persson is also the chairman of the non-profit H&M Foundation, which funds sustainable development projects around the world.
Stefan Persson Family Background:
Stefan Persson comes from a wealthy Swedish family with a history of entrepreneurship. His father, Erling Persson, founded H&M in 1947, and the company has remained in the family's control ever since. Stefan Persson succeeded his father as CEO of H&M in 1982 and served in that role until 1998, when he became chairman of the board. His sister, Lottie Tham, also served on the board of H&M for many years.
Outside of H&M, Stefan Persson's family has been involved in a number of other business ventures. His grandfather, Sven Persson, founded a successful furniture company in the early 20th century, and his father also invested in other businesses, including a bank and a real estate company.
How Much Money Does Stefan Persson Have:
Stefan Persson's net worth was estimated to be around $20.9 billion USD, making him one of the richest people in Sweden and in the world. However, his net worth may have fluctuated since then depending on various factors such as market conditions, changes in his investments and business ventures, and other factors.
Some Social Official Links of Stefan Persson:
Official Website: https://hmfoundation.com/about/
Facebook: https://www.facebook.com/carlstefanerlingpersson/
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