#1470
Lottie Tham & family
Sweden 77 years old
Overview
- Source of Wealth
- H&M
- Industry
- Fashion & Retail
- Residence
- Stockholm
- Marital Status
- Married
- Children
- 3
Assets
- Hennes & Mauritz AB88,680,400 shares @ --HM.B-SE
Biography
Lottie Tham owns more than 5% of cheap chic fashion retailer H&M.
The company was founded by her late father Erling Persson in 1947, and her nephew Karl-Johan Persson is the current CEO.
Her brother, Sweden's richest person Stefan Persson, is H&M's former CEO and chairman.
Her nephew Tom Persson and niece Charlotte S'derstr?m are also billionaires.
Lottie Tham has no role in H&M and tries her best to stay out of the public eye.
Lottie and her husband also invest in real estate, including hotels, commercial buildings and land.
About
Her father got the idea for H&M during a road-trip in the U.S. when he saw the department stores in New York.