Former HandM chairman Stefan Persson has an estimated net worth of $30 billion. Stefan Persson is one of the fifty richest people in the world. He is one of the ten richest people in Europe and is considered the richest person in Sweden. However, European labor rights experts seem to be against this business model. They say that all the good jobs in Europe are going to South Asian countries because of this. But Stefan Persson says that the principle of capitalism is that businesses will go where the profits are higher.
As we mentioned, his net worth is around $30 billion. He has remained in the list of the world’s 20 richest people for almost ten years in a row. Environmentalists have also objected to his company’s practices. They say that unsold goods are destroyed.
If this unsold item is shipped to poor countries, many people will have clothes on their backs that they cannot afford at this time. Let us know what you think about this topic. Follow us to stay connected with celebrity life. Also, check out Ding Lei’s Net Worth.
Stefan Persson Net Worth
HandM Chairman Stefan Persson has a net worth of $30 billion.
Name | Stefan Persson |
Net worth (2024) | 30 billion dollars |
Job | HandM President |
Monthly income | $138 million + |
Annual income | 2 billion dollars + |
Last updated | 2024 |
Stefan Persson Net Worth
Stefan Persson Net Worth Growth
According to various online sources (Wikipedia, Forbes, Bloomberg), HandM Chairman Stefan Persson’s estimated net worth is around $30 billion.
Stefan Persson Net Worth 2024 | 30 billion dollars |
Stefan Persson Net Worth 2023 | 28 billion dollars |
Stefan Persson Net Worth 2022 | 26 billion dollars |
Stefan Persson Net Worth 2021 | 25 billion dollars |
Stefan Persson Net Worth 2020 | 24 billion dollars |
Stefan Persson Net Worth 2019 | 23 billion dollars |
Stefan Persson Biography
Stefan Persson was born on October 4, 1947, in Stockholm, Sweden. Like his father, he was in the fashion retail business. The business was founded by his father in 1915, and the leadership was transferred to Stefan Persson in 1982. In the early days, his business was limited to Sweden.
After 1970, his father began to expand his fashion retail business to European countries, and after 1982, when Stefan Persson himself began to play a major role in this business, he expanded his fashion retail business from Europe to America and expanded to other parts of the world. You must read Greg Norman’s Net Worth.
Real name | Carl Stefan Erling Persson |
Nickname: | Stefan Persson |
Place of birth: | Stockholm, Sweden |
Date of birth: | October 4, 1947 |
Year old: | 76 years old |
Height: | In Centimeters – 185 cmIn Feet and Inches – 6′ 1″ |
Weight: | In Kilograms – 86 kgIn Pounds – 189 lbs. |
Eye color: | Light blue |
Hair color: | Light brown |
School: | Lund University, Stockholm University |
College: | Stockholm Business School |
Religion: | Swedish |
Nationality: | Swedish |
Zodiac: | Libra |
Sex: | Male |
Sexual orientation: | Straight |
Children’s Name: | Karl-Johan Persson, Charlotte Söderström, Tom Persson |
Job: | HandM President |
Net worth: | 30 billion dollars |
Stefan Persson’s Relationships and More
Problems | Don’t know |
Girlfriend | Do not have |
Best friend | Do not have |
Couple | Carolyn Denise Persson |
Divorce | Do not have |
The children | Karl-Johan Persson, Charlotte Söderström, Tom Persson |
Dad | Erling Persson |
Mom | Margrit Persson |
siblings | Lottie Tham |
By the late 90s, they had become the largest clothing brand in Europe. After 2000, he changed his business model slightly, outsourcing all of his manufacturing to countries like Bangladesh, China, India and Nepal, which drastically reduced his costs and increased his profit margins. How can you understand the success of this deal, which increased his company’s profits by almost thirty times? You might also like Colin Powell’s Net Worth.
Some unknown facts about Stefan Persson
- Does Stefan Persson smoke? Yes
- Does Stefan Persson drink alcohol? Yes.
- Stefan Persson takes great care of his health. Stefan Persson eats before 9 pm.
- Stefan Persson enjoys playing volleyball and tennis.
- Stefan Persson likes watching football.
- Stefan Persson himself said that the person he likes is Stefan Persson. The person he has loved since childhood.
Frequently Asked Questions
What is Stefan Persson’s net worth?
Stefan Persson’s total net worth is around $30 billion.
How old is Stefan Persson?
Stefan Persson is now 76 years old (October 4, 1947).
How much money does Stefan Persson make per year?
Stefan Persson has an estimated salary of $1 billion per year.
How tall is Stefan Persson?
Stefan Persson’s height is 1.85 m. (6′ 1”).
What is Stefan Persson’s wife’s name?
Stefan Persson is married to Carolyn Denise Persson.
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