Stefan Persson net worth is $ 30 billion, as a Chairperson of H&M. One of the top fifty richest persons in the world is Stefan Persson. He is regarded as the richest person in Sweden and one of the 10 richest individuals in Europe. However, European labor rights specialists are against this economic strategy.
| Net Worth: | $30 Billion |
| Age: | 77 |
| Born: | October 4, 1947 |
| Gender: | Male |
| Height: | 1.85 m (6 ft 1 in) |
| Country of Origin: | Sweden |
| Source of Wealth: | Entrepreneur |
They claim that, as a result, South Asian nations have gotten all of the good employment that used to be in Europe. However, according to Stefan Persson, a fundamental tenet of capitalism is that businesses move to areas with higher profits. His estimated net worth is around $30 billion, as we’ve already mentioned. He has been among the top 20 richest people globally for about ten years running. Environmental specialists disagree with his company’s practice as well.
They assert that unsellable commodities are destroyed. If this unsold item is shipped to developing nations, many individuals will be wearing garments that they cannot afford now. Please share your thoughts on this subject with us. Follow us to be informed about celebrity life.
Stefan Persson net worth is $30 billion
Stefan Persson Net worth
Stefan Persson, the finest chairman of H&M in the world, is worth $30 billion. According to several web publications, the most well-known Chairman of H&M, Stefan Persson, has an estimated net worth of over $30 billion (Wikipedia, Forbes, IMDB).
| Name | Stefan Persson |
| Net Worth | $30 Billion |
| Profession | Chairperson of H&M |
| Monthly Income And Salary | $138 Million + |
| Yearly Income And Salary | $2 Billion + |
Stefan Persson net worth is $30 billion
Stefan Persson Net Worth Growth
| Net Worth in 2024 | $30 Billion |
| Net Worth in 2023 | $30 Billion |
| Net Worth in 2022 | $30 Billion |
| Net Worth in 2021 | $28 Billion |
| Net Worth in 2020 | $26 Billion |
| Net Worth in 2019 | $25 Billion |
| Net Worth in 2018 | $24 Billion |
| Net Worth in 201 | $23 Billion |
Stefan Persson’s Early Life
Carl Stefan Erling Persson was born in Stockholm, Sweden, on October 4th, 1947. His father, Erling Persson, established the women’s apparel retailer Hennes in 1947 and taught Persson about the retail side of the fashion industry.
The business opened a location in Stockholm, quickly established itself as a major player in the Swedish fashion industry, and later expanded to other European nations.
Stefan Persson net worth is $30 billion
Stefan Persson Biography
On October 4th, 1947, Stefan Persson was born in Stockholm, Sweden. He works in the retail fashion industry, just like his father. His father established this company in 1915, and Stefan Persson took over management in 1982. His business was first restricted to Sweden. After 1970, his father began expanding his fashion retail company to Europe, and in 1982, when Stefan Persson began to play a significant role in the company, he also expanded it from Europe to America and other areas of the world.
| Real Name | Carl Stefan Erling Persson |
| Nick Name: | Stefan Persson |
| Birth Place: | Stockholm, Sweden |
| Date Of Birth/Birthday: | 4 October 1947 |
| Age/How Old: | 77 years old |
| Height/How Tall: | In Centimeters – 185 cmIn Feet and Inches – 6′ 1″ |
| Weight: | In Kilograms – 86 kgIn Pounds – 189 lbs. |
| Eye Colour: | Light Blue |
| Hair Colour: | Light Brown |
| School: | Lund University, Stockholm University |
| College: | Stockholm Business School |
| Religion: | Swedish |
| Nationality: | Swedish |
| Zodiac Sign: | Libra |
| Gender: | Male |
| Sexual Orientation: | Straight |
| Kids/Children Name: | Karl-Johan Persson, Charlotte Söderström, Tom Persson |
| Profession: | Chairman of H&M |
| Net Worth: | $30 Billion |
Stefan Persson net worth is $30 billion
Stefan Persson Relationship & More
| Affairs | Not know |
| Girlfriend | N/A |
| Best Friend | N/A |
| Spouse | Carolyn Denise Persson |
| Divorce | N/A |
| Children | Karl-Johan Persson, Charlotte Söderström, Tom Persson |
| Father | Erling Persson |
| Mother | Margrit Persson |
| Siblings | Lottie Tham |
By the decade’s end, they had become the top clothing brand in Europe. After 2000, he made several changes to his business strategy, entirely outsourcing the manufacturing to nations like Bangladesh, China, India, and Nepal. As a result, his costs were significantly decreased, and his profit margin soared. How do you explain the success of this arrangement when the business owner’s profit has virtually tripled as a result?
Facts about Stefan Persson
- Stefan Persson smokes, does he? Yes
- Stefan Persson drinks alcohol, right? Yes
- Stefan Persson is very conscious of his well-being. Stefan Persson eats before nine o’clock at night.
- Volleyball and tennis are two of Stefan Persson’s favorite sports.
- Stefan Persson enjoys football tremendously.
- Stefan Persson has admitted that he has a crush on him. Someone he has cherished since he was a child.
Stefan Persson net worth is $30 billion
Frequently Asked Questions
What is Stefan Persson’s net worth?
Stefan Persson’s total net worth is around $30 Billion.
What is the age of Stefan Persson?
Stefan Persson is 77 years old (4 October 1947).
What is the Salary of Stefan Persson?
An estimated $1.5 billion is the annual pay for Stefan Persson.
What is the Height of Stefan Persson?
Stefan Persson stands 1.85 m (6′ 1″) tall.
What is the name of Stefan Persson’s wife?
Carolyn Denise Persson is Stefan Persson’s wife.
How did Stefan Persson become rich?
His 53.4% ownership of Hennes & Mauritz is the main source of Persson’s wealth. According to the corporate website of H&M, the Persson family and associated businesses own the shares. The fact that the billionaire controls the business’ operational and strategic decisions is why he is given credit for the whole fortune.
What did Stefan Persson study?
From 1969 until 1973, Stefan studied at Stockholm University and Lund University.
Why did Erling Persson start H&M?
H&M was founded by Erling Persson, who lived from 21 January 1917 to 28 October 2002. (Hennes & Mauritz). His inspiration came from a post-World War II visit to the United States, where he was struck by the effectiveness and volume of its stores.
What is the full form of H&M?
Hennes & Mauritz Retail Pvt. Ltd
Does Tata own H&M?
H&M will operate independently as a single-brand retailer while adhering to the foreign direct investment (FDI) restrictions, unlike Zara and Gap, which entered India through local partners Tata Group’s Trent Ltd and Arvind Ltd’s Arvind Lifestyle Brands Ltd, respectively.
Conclusion
Stefan Persson is a Swedish business tycoon who acquired his net worth mostly from Hennes & Mauritz (H&M), the clothing retailer founded by his father, Erling Persson. The second-largest private label clothes shop in the world, Hennes & Mauritz, also known as H&M, is owned by Persson, who owns 38.8% of its shares. Stefan Persson’s net worth is estimated at around $30 billion.
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