Networth: 16 Billion
Country: Sweden
Industry: Fashion & Retail
Stefan Persson is Sweden's richest person by way of global cheap chic fashion retailer Hennes & Mauritz, of which he owns 36%.Persson stepped down as chairman in May 2020 after 22 years in the role; his son Karl-Johan succeeded him.H&M was founded by Persson's father Erling in 1947.Persson's two other children, Charlotte Söderström and Tom Persson, and his sister Lottie Tham, are also billionaires.
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