Antti Herlin Net Worth is$2 Billion
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Date of Birth: Nov 14, 1956
Net Worth: View Antti Herlin Net Worth
What is Antti Herlin's net worth? Antti Herlin's net worth is $2 billion dollars which makes him the richest person in Finland. Born in Kirkkonummi, Finland, Antti Herlin became Finland's only billionaire, managing the company his grandfather founded in the early 1920s. The KONE Corporation manufactures, installs, and maintains elevators and escalators, and has grown exponentially over the years. Antti Herlin took over as CEO in the mid-90s and increased the company's value appreciably, through a quick succession of acquisitions, mergers, and technological developments. After serving as CEO for ten years, he passed on the reins, though he still serves as Chairman. In addition to his involvement in KONE, he serves on the board of YIT, a construction firm based in Finland, and is chairman of Security Trading Oy. During the mid-2000s, he was investigated for insider trading, but was ultimately found to be innocent of all accusations. After launching his own investigation, he was unable to discover who had actually participated in the alleged activities.
Antti Herlin (born 14 November 1956, Kirkkonummi Finland) is the current and fourth chairman of the Board of Finnish KONE Corporation. He is the richest man in Finland with assets worth nearly 1 billion euros in KONE stock owned through his holding companies. He is the son of Pekka Herlin, former chairman of the board of KONE as well. He is also the former chairman of the Confederation of Finnish Industries (Elinkeinoelaman Keskusliitto EK). Antti Herlin owns a farm in Kirkkonummi where he raises Hereford and Aberdeen Angus beef cattle. In March, 2010, Forbes magazine named him as 773rd in their list of the world's richest persons, also noting him as Finland's first billionaire.
It was investigated if Herlin used inside information in his Kone and Partek (Finland) stock investments in 2001-2002. The investigation found Herlin innocent. Herlin started his own investigation into who is responsible for the case becoming public in the media in 2005. His accused authorities could not be proven of giving any information.
Herlin family had made in 2005 significant investments in other construction stock companies YIT and Lemminkainen.

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Antti Herlin Latest News

Finland pays billionaire 400,000 euros in agricultural subsidies

Finland paid out 2 billion euros in agricultural subsidies last year, with Kone heir Antti Herlin receiving close to half a million euros to support his farm. Antti Herlin, one of Finland’s few billio...
Posted: March 21, 2018, 7:34 am

Finland pays billionaire €400,000 in EU farm subsidies

Antti Herlin, one of Finland's few billionaires, received last year €400,000 in agricultural EU subsidies, according to figures from the Agency for Rural Affairs (Mavi) on Wednesday, reported by Yle. ...
Posted: March 22, 2018, 12:55 am

Thyssen and Kone owners held merger talks on elevator ops - paper

Handelsblatt reported on Sunday that the Alfried Krupp foundation, which owns 21 percent of Thyssen, and Kone's largest shareholder Antti Herlin have held talks about a deal. The first conversations t...
Posted: July 17, 2018, 12:44 pm
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