Stefan Persson Net Worth: Biography, Relationship, Lifestyle, Career, Family, Early Life, and many more


Stefan Persson Net Worth
Image Credit-Stockholm School of Entrepreneurship | Stefan Persson Net Worth

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, it appears that European labour rights specialists are against this economic strategy.

Stefan Persson Net Worth
Image Credit- Luxatic
Net Worth:$30 Billion
Age:75
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, it is a fundamental tenet of capitalism that businesses move to areas where there are higher profits. His estimated net worth is around $30 billion, as we’ve already mentioned. He has been among the top 20 richest people in the world 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 now cannot afford. Please share your thoughts with us on this subject. 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. The most well-known Chairman of H&M, Stefan Persson, has an estimated net worth of over $30 billion, according to several web publications (Wikipedia, Forbes, IMDB).

NameStefan Persson
Net Worth $30 Billion
ProfessionChairperson 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

Stefan Persson Net Worth Growth
Image Credit- Wikipedia
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 Early Life 

On October 4th, 1947, Carl Stefan Erling Persson was born in Stockholm, Sweden. His father, Erling Persson, who established the women’s apparel retailer Hennes in 1947, 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

Stefan Persson Biography
Image Credit- H&M Foundation

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 NameCarl Stefan Erling Persson
Nick Name:Stefan Persson
Birth Place:Stockholm, Sweden
Date Of Birth/Birthday:4 October 1947
Age/How Old:74 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

Stefan Persson Relationship & more
Image Credit- The Telegraphy
AffairsNot know
GirlfriendN/A
Best FriendN/A
SpouseCarolyn Denise Persson
DivorceN/A
ChildrenKarl-Johan Persson, Charlotte Söderström, Tom Persson
FatherErling Persson
MotherMargrit Persson
Siblings  Lottie Tham

They had risen to become the top clothing brand in Europe by the decade’s end. After the year 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 favourite 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 the net worth of Stefan Persson?

Stefan Persson’s total net worth is around $30 Billion.

What is the age of Stefan Persson?

Stefan Persson is 74 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.

Stefan Persson net worth is $30 billion

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

Is H&M owned by Tata?

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.

Stefan Persson net worth is $30 billion

Conclusion

Stefan Persson is a Swedish business tycoon who mostly acquired his net worth 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 to the tune of 38.8% of its shares. An estimate of Stefan Persson’s net worth puts it at around $30 billion.


Luja Swain

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