#1079

Erik Selin

Sweden 59 years old Self-Made

Overview

Source of Wealth
Real estate
Industry
Real Estate
Residence
Göteborg
Marital Status
Divorced

Assets

  • AB Sagax--Class A
    880,000 shares @ -
    -
    SAGA.A-SE
  • AB Sagax--Class B
    1,618,000 shares @ -
    -
    SAGA.B-SE
  • AB Sagax--Class D
    2,020,000 shares @ -
    -
    SAGA.D-SE
  • Fastighets AB Balder
    393,121,000 shares @ -
    -
    BALD.B-SE
  • Hoist Finance
    18,820,000 shares @ -
    -
    HOFI-SE
  • K-Fast Holding
    79,800,000 shares @ -
    -
    KFAST.B-SE
  • Swedish Logistic Property
    30,794,000 shares @ -
    -
    SLP.B-SE
  • TF BANK
    8,090,000 shares @ -
    -
    AVARDA-SE

Biography

Erik Selin is CEO of publicly traded real estate firm Fastighets AB Balder, which he founded in 2005.

Selin skipped college to focus on his stock investments but lost it all in the crash of 1987, before moving on to property trades.

At age 24, Selin convinced a local bank to lend him $2 million to finance a deal for a residential development in ?ngelholm, Sweden.

Today 56% of the real estate held by Balder is residential.

Balder also has 50 hotels, making it one of Sweden's largest hotel owners.

About

Selin claims to have started reading annual reports at age 12 and trading securities at age 14 with money from summer jobs.

Balder is a partner in a new travel center in Sweden that was supposedly one of the last projects of famed architect Zaha Hadid.