Stefan Persson Net Worth is$24 Billion
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Date of Birth: Dec 22, 1954
Weight: 86.18255 kg
Country: Sweden
What is Stefan Persson's net worth? Stefan Persson is a Swedish business magnate with a net worth of $24 billion dollars. He has accumulated this net worth largely through the earnings of Hennes & Mauritz, the fashion company started by his father Erling Persson. In addition to the company, Persson is known as the richest person in Sweden, which ranks him as the 16th richest person on the entire planet. One particularly ostentatious symbol of his immense wealth is the English village Linkenholt, which is owned entirely by him. From 1982 to 2009, he served as the president and chief executive officer of Hennes & Mauritz, before being replaced by his son, Karl-Johan Persson. Since his departure, Hennes & Mauritz has been embroiled in several public relations controversies, including one involving poor working conditions in a supply factory in Cambodia. Workers there are said to be subject to "fumes from chemicals, poor ventilation, malnutrition and mass hysteria." Some other controversial practices of the company include the destruction of unsold merchandise and the alleged use of artists' work without proper credit being given. Persson's personal life is much less cluttered with difficult problems, as evidenced by his family life: He and his wife have three children and live in Stockholm, Sweden.

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Stefan Persson Latest News

Why Does Sweden Have So Many Billionaires?

H&M's main shareholder Stefan Persson, avatar of Nordic cuddly capitalism. Photo illustration by Slate; Photo by Paul White/AFP/Getty Images America is a land of billionaires, boasting five of the 10 richest people on the planet as of the most recent ...
Posted: October 30, 2013, 5:00 pm

Stefan Persson to Be a Dad?

Swedish tabloids recently reported that H&M boss Stefan Persson’s companion was pregnant after she sported what some interpreted to be a ‘baby bump’. According to the report, a source close to the couple confirmed they were expecting a child.
Posted: October 6, 2016, 5:00 pm

New York Islanders Great Stefan Persson Honored in Hometown

Just read an article about Islander legend Stefan Persson being recognized in his hometown, Piteå. I'm going to google translate the article but would recommend you to visit the original site as there are some really classic photos there. (I´m having ...
Posted: December 11, 2012, 8:27 pm
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