Stephen Individual is a Swedish business magnet, and both administrator and focal investor of style organization H&M. The organization was established in 1947 by his dad, Earling Individual. As indicated by the Bloomberg Very rich people File, Individual had a net worth of US 31 31.9 billion out of 2014, which put him at # 17 on Bloomberg’s full rundown. Stephen Individual took over H&M from his dad in the mid 1980s and was its chief from 1982-1997. Individual has been administrator of the Sun Board since 1998 and past. He claims fewer than 40% of the organization’s stock in H&M, however has over 70% of the vote.
- Born: October 4, 1947 (age 73 years), Stockholm, Sweden
- Net worth: 25 billion USD (2020) Forbes
- Spouse: Carolyn Denise Persson
- Children: Karl-Johan Persson, Charlotte Söderström, Tom Persson
- Siblings: Lottie Tham
- Education: Stockholm University, Lund University
Link up with organizations
Notwithstanding Stephen Individual, H&M, a few different organizations, for example, Polia, Ericsson, Nordia, and the Swedish innovation organization Hexagon Stomach muscle, are intensely spoiled. Through Individual’s private property organization, Reimsbury, he possesses properties all through Europe. In 2009, he purchased Lincoln Holt, a 21-house town in Hampshire, Britain. Stephen Persson is the organizer of the family Earling Individual Stiftless, an exploration establishment committed to his dad. The individual has made two significant gifts to the establishment. One contains 211 million SEK in 1999 and 611 million SEK in 2004.
Organizational claims
Conceived October 4, 1947, Stephen Individual is the child of Margot and Earling Individual. The exact year Stephen was conceived, his dad, Earling, established an organization that would in the long run become H&M. The organization claims a solitary store in the southern Swedish city of Wester. Since she just sold ladies’ garments, she was nicknamed Hans (Swedish for “Swedish”). In 1968, Earling Individual obtained the chasing clothing retailer Maritz Woodforce and consolidated it with Hunness. Since Haneys was presently selling the two people’s apparel, it was renamed Haneys and Maritz. Stephen Individual learned at the College of Stockholm and the College of Lund.
Business and career
Stephen Individual is essential for a few sheets, eminently Swedish stock organizations, for example, H&M Hanis and Maritz Stomach muscle (Administrator), H&M Online Actiblog (Director), Asser Ventures Stomach muscle (Executive), Bekå Aktiebolag, Bernham Stomach muscle, Carl Axel Hermode Aktielalag (Administrator), Malm Watchmen Lantbrook Abdominal muscle, Melker Charling Abdominal muscle, Ramsbury Abdominal muscle (Administrator), Rambury Contribute Stomach muscle (Director) and Rambury Property Abdominal muscle (Executive).
