Stefan Persson Net Worth is$24 Billion
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Date of Birth: Dec 22, 1954

Weight: 86.18255 kg

Country: Sweden

What is Stefan Persson's net worth? Stefan Persson is a Swedish business magnate with a net worth of $24 billion dollars. He has accumulated this net worth largely through the earnings of Hennes & Mauritz, the fashion company started by his father Erling Persson. In addition to the company, Persson is known as the richest person in Sweden, which ranks him as the 16th richest person on the entire planet. One particularly ostentatious symbol of his immense wealth is the English village Linkenholt, which is owned entirely by him. From 1982 to 2009, he served as the president and chief executive officer of Hennes & Mauritz, before being replaced by his son, Karl-Johan Persson. Since his departure, Hennes & Mauritz has been embroiled in several public relations controversies, including one involving poor working conditions in a supply factory in Cambodia. Workers there are said to be subject to "fumes from chemicals, poor ventilation, malnutrition and mass hysteria." Some other controversial practices of the company include the destruction of unsold merchandise and the alleged use of artists' work without proper credit being given. Persson's personal life is much less cluttered with difficult problems, as evidenced by his family life: He and his wife have three children and live in Stockholm, Sweden.

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Stefan Persson Latest News

Stefan Persson increases stake in H&M Group

London - Stefan Persson, Chairman of the H&M Group, has increased his stake in the fashion conglomerate. He currently holds a 40 percent stake in the Group after acquiring 2.1 million shares in the Swedish company. Persson purchased 1.6 million B-shares in ...
Posted: July 5, 2017, 1:28 am

H&M boss wins battle to build new mansion after pheasant shooting complaint is thrown out

Swedish-born Stefan Persson, 67, worth about £16 billion, can build the property despite objections from Harry Hyams, worth £312 million, in the Wiltshire village of Ramsbury. Mr Harry, 87, who made his fortune in the 1960s with spectacular property ...
Posted: January 29, 2015, 4:03 am

Stefan Persson Loses $1.4 Billion as H&M Earnings Disappoint; Rival Tadashi Yanai Racks Up Gains

H&M's Stefan Persson, the world's 15th richest man. Gaining ground in the online fashion retail war has a high price tag – today, it was $1.4 billion for Swedish billionaire Stefan Persson. The world’s 15th richest man lost a bundle today, as shares of ...
Posted: March 28, 2014, 3:57 am

H&M tycoon ruffles his neighbour's feathers: £16billion retail boss plans nine-bed mansion - but millionaire next door is worried it will upset his pheasants

Billionaire H&M owner Stefan Persson won permission last month to build a nine-bed manor on his 780-acre estate in Wiltshire with a swimming pool, tea house, walled gardens and an orangery. But the decision to uproot a clump of 'monotonous' poplar trees ...
Posted: January 17, 2015, 11:21 pm

Bang & Olufsen A/S : Annual General Meeting in Bang & Olufsen a/s

06/01 BANG & OLUFSEN A/S: & Olufsen completes divestiture of its Czech subsidiary and.. 05/31 BANG & OLUFSEN A/S: & Olufsen completes divestiture of its Czech subsidiary and.. 05/08 BANG & OLUFSEN A/S: Stefan K. Persson joins TerraNet`s Board of Directors
Posted: August 14, 2017, 12:16 am
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