4. Stefan Persson – Net Worth: $24.5 billion
Stefan Persson is worth $24.5 billion, making him the richest man in Sweden today. This 67-year-old business magnate receives most of his wealth from H&M (Hennes & Mauritz), a fashion chain where he owns at least 28% and serves as the chairperson of the board. It would not be accurate to state that he inherited all his wealth from his father Erling Persson who founded H&M in 1947 because he also has many other profitable ventures, but his inheritance is undoubtedly the main reason why he is a billionaire. Stefan took over his father’s company from 1982 to 1998, a period during which he was the manager. Stefan is one of Hexagon AB’s owners, where he has shares through his real-estate company called Ramsbury Invest.
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