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

Billionaire H&M Chairman Steps Up Stock Purchases as Shares Sink

(Bloomberg) -- Hennes & Mauritz AB Chairman Stefan Persson is drawing investor attention as he buys up huge amounts of stock in the company amid a share slump. In April and early May alone, the ...
Posted: May 3, 2018, 3:05 am

Precise Biometrics AB (PRBCF) CEO Stefan Persson on Q2 2018 Results - Earnings Call Transcript

Precise Biometrics AB (OTCPK:PRBCF) Q2 2018 Earnings Conference Call August 15, 2018 4:00 AM ET Executives Torgny Hellstrom - Independent Chairman of the Board Göran Thuresson - CFO Stefan Persson - ...
Posted: August 16, 2018, 1:11 pm

H&M Buyout Speculation Triggered by Chairman's Growing Purchases

Hennes & Mauritz AB Chairman Stefan Persson’s continued share purchases have revived speculation he may be trying to take the global retail giant private, as the market tries to interpret the ...
Posted: May 18, 2018, 2:42 am
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