Stefan Persson
Stockholm, Sweden
Associate in Arts/Science, University of Stockholm
Sweden
H&M - Hennes & Mauritz
H&M
$17,300,000,000
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#71 Billionaires 2019
Stefan Persson is Sweden's richest person by way of global cheap chic fashion retailer Hennes & Mauritz.Persson owns a 32% stake of H&M and serves as chairman.H&M was founded by Persson's father Erling in 1947.Son Karl-Johan, also a billionaire, is the company's CEO.Persson's two other children, Charlotte Söderström and Tom Persson, and his sister Lottie Tham, are also billionaires.
Persson personally owns real estate in some of the world's most glamorous shopping districts, spanning New York, London, Rome and Paris
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