#325
Gustaf Douglas
Overview
- Source of Wealth
- Investments
- Industry
- Diversified
- Residence
- Stockholm
- Education
- Harvard University (Master of Business Administration)
- Marital Status
- Married
- Children
- 2
Assets
- Industrial & Financial Systems IFS A0 shares @ --IFS.B-SE
- Investments AB Latour248,909,000 shares @ --LATO.B-SE
- Investments AB Latour2,392,000 shares @ --LATO.B-SE
- Investments AB Latour2,304,000 shares @ --LATO.B-SE
- Investments AB Latour0 shares @ --LATO.B-SE
Biography
Gustaf Douglas was born into nobility, but without exceptional riches.
The Harvard graduate eventually ran state-owned TV channel SVT2 and newspaper Dagens Nyheter.
In 1985 Douglas acquired a controlling stake in Swedish security firm Securitas, eventually turning into a global powerhouse.
Today, his sons, Carl and Eric, sit on the board of both Investment AB Latour. They are also billionaires.
Douglas and his family control Investment AB Latour, which has a large stake in the world's biggest lock producer, Assa Abloy.
About
To pay his tuition at Harvard Business School, Douglas started placing aggressive bets on stocks including Volvo.
Douglas owns what was once the most expensive stamp ever sold, the Treskilling Yellow, which he bought in 2013.