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In March 2013, Forbes reported Persson's net worth as $28 billion [2] making him the richest of Sweden's 12 billionaires [2] and the 17th richest person in the world; [3] he has since dropped to number 50. [4] Persson was the chairman of fashion company H&M until May 2020, when he was succeeded by his son. [5]
He is chairman of the fashion company Hennes & Mauritz (H&M), and was its CEO from 2009 to 2020. [3] [4] H&M was founded by his grandfather Erling Persson. [5] [6] As of December 2023, according to Forbes, his estimated net worth is US$1.9 billion. [7]
The H&M Foundation, a nonprofit, was established in 2014 to fund projects that improve humanitarian and environmental issues within the fashion industry. The Persson family, the founders and owners of H&M, originally invested $180 million in the foundation.
The net worth is estimated based on individuals' assets, such as stakes in public and private companies, yachts, art, and real estate. ... H&M [24] 21: 1341 Erik ...
Tham is the second largest shareholder in H&M and holds 5.32% of the shares; her brother Stefan Persson has 37.69%. [ 3 ] According to Forbes , Tham has a net worth of $2.1 billion, as of May 2020.
The combined net worth of the list was $3.6 trillion, up 50 percent from 2009's $2.4 trillion, while the average net worth was $3.5 billion. [9] The 2010 list featured 164 re-entries and 97 true newcomers. [9] Asia accounted for more than 100 of the new entrants.
Anders Holch Povlsen (born 4 November 1972) [1] is a Danish billionaire, CEO and sole owner of the international retail clothing chain Bestseller (which includes Vero Moda and Jack & Jones), a company founded by his parents.
The Goldman–Sachs family, owners of the Goldman Sachs investment bank from 1869 to 1912. [ 64 ] The Venetian noble houses , notably the Contarini , Cornaro , Dandolo , Giustinian , Loredan , Mocenigo , and Morosini families, monopolised pre-modern trade while ruling the Venetian Republic as a mercantile oligarchy.