Stephen Persson Net Worth:
His biography, wife, age, height, weight, and many other details can be checked in this article.
Stefan Persson, one of the top fifty richest persons in the world, is the president of H&M and has estimated assets of about $30 billion. He is regarded as the richest person in Sweden and one of the 10 richest individuals in Europe. Unfortunately, it appears that European labour rights specialists are against this economic strategy.
He claims that as a result, South Asian nations have gotten all of the good employment that were once in Europe. But, according to Stephen Persson, the tenet of capitalism is that companies will locate where profits are higher. His estimated net worth is around $30 billion, as we have already stated. He has consistently been among the top 20 wealthiest persons in the world for almost ten years. Environmental specialists also disagree with how his business operates.
They claim to trash products that don’t sell. If these unsold goods were shipped to developing nations, many individuals would be wearing clothing that they currently cannot afford. Please share your thoughts on this with us. Follow us to be informed about celebrity life.
H&M Chairman “Stefan Persson” has a net worth of $30 billion, According to various online resources (Wikipedia, Forbes, Bloomberg), the most popular chairman of H&M, Stefan Persson, has a net worth of around $30 billion.
| Name | Stephen Persson |
| Net worth (2023) | $30 Billion |
| Profession | H&M President |
| Monthly Income and Salary | $138 Million + |
| Annual Income and Salary | $2 Billion+ |
| Last update | 2023 |
Stephen Persson Net Worth Growth
| Net worth in 2023 | $30 Billion |
| Net worth in 2022 | $28 Billion |
| Net worth in 2021 | $26 Billion |
| Net worth in 2020 | $25 Billion |
| Net worth in 2019 | $24 Billion |
| Net worth in 2018 | $23 Billion |
Stephen Persson Net Worth
Stephen Persson Biography
In Stockholm, Sweden, on October 4, 1947, Stefan Persson was born. He works in the retail fashion industry, just like his father. His father established this company in 1915, and Stefan Persson took over management in 1982. His business was first restricted to Sweden. Around 1970, his father started expanding his fashion retail company into European nations, and in 1982, when Stefan Persson took on a bigger position in the company, he did the same from Europe to the United States and then other countries around the world.
| Real Name | Carl Stephen Erling Persson |
| Nick Name: | Stephen Person |
| Birth place: | Stockholm, Sweden |
| Date of Birth/Birthday: | 4 October 1947 |
| Age/How Old: | 75 years |
| Height/How Tall: | In Centimeters – 185 cm In Feet and Inches – 6′ 1″ |
| Weight: | In Kilograms – 86 kg In Pounds – 189 lbs. |
| Eye Colour: | Light blue |
| Hair Color: | Light brown |
| School: | Lund University, Stockholm University |
| College: | Stockholm Business School |
| Religion: | swedish |
| Nationality: | swedish |
| Zodiac sign: | Libra |
| Gender: | Male |
| Sexual Orientation: | Straight |
| Child/Children’s Name: | Karl-Johan Persson, Charlotte Söderström, Tom Persson |
| Profession: | H&M President |
| Net worth: | $30 billion |
Stephen Persson Relationship & More
| Work | — |
| Friend | Not Applicable |
| Best friend | Not Applicable |
| Spouse | Carolyn Denise Person |
| Divorce | Not Applicable |
| Children | Karl-Johan Persson, Charlotte Söderström, Tom Persson |
| Father | Erling person |
| Mother | Margrit Persson |
| Siblings | Loti thum |
They had risen to become the top clothing brand in Europe by the late 1990s. By totally outsourcing manufacturing to nations like Bangladesh, China, India, and Nepal after the year 2000, they greatly cut their expenses and raised their profit margins. This represented a modest modification to their business strategy. How can you account for the effectiveness of this agreement, which nearly tripled his company’s profit?
Cool Facts About Stephen Persson:
- Does Stephen Person smoke?- Yes
- Does Stephen Person drinking wine? –Yes
- Stephen Person Takes a lot of care of his health. Stephen Person Eats food before 9 pm.
- Stephen Person love to play volleyball And Tennis.
- Stephen Person likes to watch soccer.
- Stephen Person himself said that his The crush is Stephen Person. whom he loves since Childhood.
Frequently Asked Questions
- Who is Stephen Persson?
Stephen Persson is an American billionaire businessman and philanthropist. He is the former chairman of the board and former CEO of H&M, a global fashion retailer. - When was Stephen Persson born? Stephen Persson was born on April 4, 1947, in Minnesota, United States.
- How did Stephen Persson become wealthy?
Stephen Persson inherited his wealth from his father, Erling Persson, who founded H&M in 1947. - What is Stephen Persson’s net worth?
According to Forbes, Stephen Persson has a net worth of $1.4 billion as of 2021. - What is Stephen Persson’s involvement in philanthropy?
Stephen Persson is involved in various philanthropic activities and organizations. He is a member of the board of trustees for the Natural History Museum of Los Angeles County and has donated millions of dollars to various organizations that support the arts, education, and the environment. - Is Stephen Persson involved in any other businesses?
Stephen Persson has investments in various companies and real estate ventures, including the winery L’Angélus in Bordeaux, France. - Does Stephen Persson have any children?
Stephen Persson has three children: Karl-Johan Persson, Charlotte Söderström, and Tom Persson. - What is Stephen Persson’s role at H&M now?
Stephen Persson stepped down from his role as chairman of the board of H&M in 2018. He no longer has any formal involvement with the company.