⬅ # 264 Jim Pattison|# 266 Giancarlo Devasini

# 265 Antonia Ax:son Johnson 


Real Time Net Worth
as of 4/16/2024
-$3.9M (-0.04%)

# 265 Antonia Ax:son Johnson 


Real Time Net Worth
as of 4/16/2024
-$3.9M (-0.04%)
OccupationPartial Owner, Axel Johnson Group
Source of WealthDiversified
ResidenceStockholm, Sweden
Marital StatusMarried
EducationMA, University of Stockholm
Age-Adjusted Net Worth$2.38B
Antonia Ax:son Johnson
Antonia Ax:son Johnson
Net worth: $9.23B

Self-Made Score 

Wealth History

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Antonia Margaret Ax:son Johnson was born in 1943 and is the fourth-generation head of the family company Axel Johnson AB, founded by her great-grandfather in 1873.
She succeeded her father as the chairman of the board for Axel Johnson AB and Axel Johnson Inc. in 1982.
The colon in Ax:son indicates a contraction in the Swedish style, and the full name is Axelson.
Antonia Ax:son Johnson attended Radcliffe College in Cambridge, Massachusetts, as an exchange student and holds a master's degree in psychology and economics from Stockholm University.
She received an honorary degree of doctor of civil law from Bishop's University, Quebec, Canada, and a doctor of humane letters from Middlebury College of Vermont.
Additionally, she studied in Ibero in Mexico City.

Career and Business

Antonia Ax:son Johnson took over as the head of the privately held and diversified trading company, Axel Johnson, in 1982, succeeding her father.
She stepped down as chairman in March 2015, passing the leadership to her daughter, Caroline Berg.
Although she relinquished the chairman role, Antonia Ax:son Johnson retained a seat on the board and maintained significant ownership.
The conglomerate Axel Johnson, founded in 1873, has diversified interests in energy, real estate, industrial products, and grocery store chains.
Axel Johnson also holds a 50% stake in Axfood AB, one of the largest food companies in Scandinavia.

How long would it take you to become as rich as Antonia Ax:son Johnson?

If you started with $10,000 and invested an additional $500 each month at a 44.18% CAGR, it would take you 5 years to reach Antonia Ax:son Johnson's net worth of $9.23B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 36.27% compared to 8.51% for the S&P 500 benchmark.

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Antonia Ax:son Johnson is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Antonia Ax:son Johnson, Diversified is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey