Stefan persson
•
What Is Ex-CEO of H&M Stefan Persson's Net Worth?
| Name | Stefan Persson |
| Net Worth | $ Billion |
| Gender | Male |
| Date of Birth | October 4, |
| Age | 76 Years |
| Nationality | Sweden |
| Profession | Businessperson, Business magnate |
Stefan Persson, the wealthiest individual in Sweden with a net worth of $ billion as of October (per Forbes), amassed his fortune as the heir to the Hennes & Mauritz (H&M) fashion empire. As of October 10, , Stefan Persson was named the wealthiest individ in Sweden by CEOWorld Magazine. Persson has been among the 15 richest people globally. He was the CEO and later chairman of H&M, founded by his father in , and also holds a significant stake in Hexagon AB, a technology company. Additionally, Persson operates Ramsbury Invest, a privately held real estate company. H&M generates approximately $24 billion in annual revenue under his influence.
H&M
In , Stefan Persson assumed the role of CEO at H&M, succeeding his father. He held this position until , at which point he transitioned to become the company's chairman. In May , his eldest son, Karl-Johan took over as chairman. Despite this efternamn
•
Stefan Persson, Founder of H&M
Stefan Persson’s journey from joining his father’s modest clothing store to transforming it into the global fashion powerhouse H&M is a testament to visionary leadership and strategic innovation
Stefan Persson, the man behind the global fashion giant H&M, has a story that’s as much about innovation and vision as it is about resilience and business acumen. Born in in Stockholm, Sweden, Stefan grew up in a family where entrepreneurship and a strong work ethic were core values. His father, Erling Persson, founded Hennes & Mauritz (H&M) in , initially as a women’s clothing store called Hennes, meaning “hers” in Swedish. This modest beginning laid the foundation for what would become a fashion empire.
Erling Persson’s initial foray into fashion retail began after a trip to the United States, where he was inspired by the efficiency and customer-centric approach of American stores. He returned to Sweden with the idea of offering fashionable clothing at affordable prices, a concept that quickly gained traction. By , Erling had acquired Mauritz Widforss, a hunting and fishing store, expanding the product line to include men’s and c
•
Stefan Persson (magnate)
Swedish Richest Person
Carl Stefan Erling Persson (Swedish:[ˈstěːfanˈpæ̌ːʂɔn]; born 4 October [1]) is a Swedish billionaire businessman. In March , Forbes reported Persson's net worth as $28 billion[2] making him the richest of Sweden's 12 billionaires[2] and the 17th richest person in the world;[3] he has since dropped to number [4] Persson was the chairman of fashion company H&M until May , when he was succeeded by his son.[5] He remains the company's largest shareholder, owning a 36% stake.[6] The company was founded by his father Erling Persson in [7]
Persson took over H&M from his father in and served as its manager until He 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.[8]
He is the sole director of Ramsbury Estates Limited,[9] which farms 19, acres (7,&#;ha) in the English counties of Wiltshire, Berkshire and Hampshire, centred on the village of Ramsbury in Wilt