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Carl Stefan Erling Persson, Swedish tycoon and ex-chair of retail giant H&M, holds a 36% share as its principal shareholder. As of January 2022, Bloomberg positioned him as the 89th wealthiest globally, with a net worth of $21.2 billion. Born to H&M founder Erling Persson, he led the company from 1982 to 1998 and has significant investments, including Hexagon AB, properties across Europe, and 19,000 English acres. Founder of the Mentor Foundation, he also supports sports and philanthropy. Persson has three billionaire children from a previous marriage and lives in Stockholm with his second wife.
October 04, 1947
78 years
H&M
Fashion & Retail
Sweden
Stockholm
Associate in Arts/Science, University of Stockholm
Carl Stefan Erling Persson was born on October 4, 1947, in Stockholm, Sweden. He is the son of Erling Persson, the founder of H&M (Hennes & Mauritz), one of the world's largest clothing retailers.
Stefan Persson: Family
Carl Persson is married to Denise Persson (née Florman). They have two children together. He also has three children from his first marriage: Karl-Johan Persson (H&M president and CEO), Tom Persson, and Charlotte Söderström. All three of his children are billionaires.
Stefan Persson: Career Highlights
Carl Persson took over H&M from his father in 1982 and served as the company's manager until 1998. During his tenure, he oversaw the company's rapid expansion, both in Sweden and internationally. He is credited with transforming H&M into a global fashion powerhouse.
Stefan Persson: Companies
In addition to H&M, Carl Persson owns a substantial stake in Swedish technology company Hexagon AB. Through Ramsbury Invest, he also owns properties in London, Paris, and Stockholm. He is the sole director of Ramsbury Estates Limited, which farms 19,000 acres in England.
Stefan Persson: Major Achievements
Carl Persson is widely recognized as one of the most successful businessmen in Sweden. He has been instrumental in the growth and success of H&M, turning it into a global brand. He is also known for his philanthropic work, particularly through the Mentor Foundation, which he founded to combat substance abuse among young people.
Stefan Persson: Awards & Achievements
Carl Persson has received numerous awards and recognitions for his contributions to business and society. These include the Order of the Polar Star, one of Sweden's highest honors, and the H&M Prize, which is awarded annually to individuals or organizations that have made significant contributions to the fashion industry.
Stefan Persson: Personal Life & Legacy
Carl Persson is known for his private and低调的生活方式. He enjoys downhill skiing, tennis, and golf. He currently resides in Stockholm with his second wife, Denise Persson.
Stefan Persson: Trivia
Carl Persson is a billionaire with a net worth estimated at $21.2 billion (January 2022), making him the 89th richest person globally according to the Bloomberg Billionaires Index.
Carl Stefan Erling Persson is born in Stockholm, Sweden.
Carl Persson takes over H&M from his father, Erling Persson, and serves as manager until 1998.
Carl Persson steps down as manager of H&M but remains the company's largest shareholder with a 36% stake.
Carl Persson's net worth is estimated at $21.2 billion, making him the 89th richest person globally according to the Bloomberg Billionaires Index.
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