Karl-Johan Persson
#2163

Karl-Johan Persson

Sweden 51 years old

Overview

Source of Wealth
H&M
Residence
Stockholm
Education
London Business School (Bachelor of Arts/Science)
Marital Status
Married
Children
2

Assets

  • Hennes & Mauritz AB
    102,150,000 shares @ -
    -
    HM.B-SE
  • Hexagon AB
    7,498,000 shares @ -
    -
    HEXA.B-SE
  • Storskogen Group
    36,200,000 shares @ -
    -
    STOR.B-SE

Biography

Karl-Johan Persson, the third generation of his family to head up H&M, was appointed to chairman of the fast fashion favorite in 2020.

He served as CEO from 2009 when he took the reins from his father, billionaire Stefan Persson.

Karl-Johan's grandfather, Erling Persson, founded H&M in 1947.

The company has since grown into a global retail power house with more than 4,400 stores in 66 countries.

Persson's sister Charlotte S'derstr?m, brother Tom Persson, and aunt Lottie Tham, are also billionaires.

About

Crown princess Victoria is the godmother to one of his children.

Karl-Johan is an active investor in unlisted Nordic tech companies, including online food grocer MatHem.se.