Stefan Persson (magnate), Date of Birth, Place of Birth
TweetStefan Persson (magnate)
business magnate
Date of Birth: 
Place of Birth: Stockholm, Sweden
About Stefan Persson (magnate)
- Carl Stefan Erling Persson (Swedish: ['ste?fan 'pæ???n]; 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; he has since dropped to number 50.
- 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 number of properties in London, Paris and Stockholm. According to the Forbes Billionaires List Persson had a net worth of US $18.5 billion in 2019, making him the 58th richest person in the world at the time.
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