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Grizzly Bulls’ Billionaires Index

⬅ # 122 Mike Cannon-Brookes|# 124 James Ratcliffe ➡

# 123 Stefan Persson 

$16.6B

Real Time Net Worth
as of 11/21/2024
$112.0M (0.67%)

# 123 Stefan Persson 

$16.6B

Real Time Net Worth
as of 11/21/2024
$112.0M (0.67%)
OccupationChair, Hennes & Mauritz Unsponsored ADR
Source of WealthH&M
Age77
ResidenceStockholm, Sweden
Marital StatusMarried
Children3
EducationAssociate in Arts/Science, University of Stockholm
Age-Adjusted Net Worth$5.25B
Stefan Persson
Stefan Persson
Sweden
Net worth: $16.6B

Self-Made Score 

Luminox Men's Sea Sport Timer Automatic 0920 Series Watch

Wealth History

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Biography

Overview

Stefan Persson, born on October 4, 1947, is a Swedish billionaire businessman.
He is the son of Erling Persson, founder of H&M in 1947.
Persson took over H&M from his father in 1982 and served as its manager until 1998.
He owns a substantial stake in the Swedish technology company Hexagon AB.
Stefan Persson is Sweden's richest person with a 36% ownership stake in H&M.

Business and Career

Persson served as the chairman of fashion company H&M for 22 years until May 2020.
After stepping down, his son Karl-Johan succeeded him as chairman.
He remains the company's largest shareholder with a 36% stake.
He owns a large number of properties in London, Paris, and Stockholm through his real estate company Ramsbury Invest.

Other Business Interests

He is the sole director of Ramsbury Estates Limited, farming 19,000 acres in Wiltshire, Berkshire, and Hampshire in the UK.
Ramsbury Invest, acquired in 1997, has purchased land from several neighboring estates, including Littlecote and Hungerford Park.

Personal Life

Stefan Persson is a founder of the Mentor Foundation, a non-profit organization combating substance abuse among young people.
He is a supporter of Djurgårdens IF and co-funds a foundation for the club.
Persson enjoys downhill skiing, tennis, and golf.
He owns properties in London, Paris, and Stockholm, and in 2009, acquired the 21-cottage village of Linkenholt in Hampshire, England.
He has three children from his first marriage, Karl-Johan Persson, Tom Persson, and Charlotte Söderström, all of whom are billionaires.
Stefan Persson currently lives in Stockholm, Sweden, with his second wife, Denise Persson, née Florman.

Education

Stefan Persson earned an associate qualification from Stockholm University.

Stefan Persson's Wealth is Equivalent to:

12,779,061 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

3,140,965 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

169,656 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Stefan Persson?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Stefan Persson's net worth of $16.6B.

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 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Stefan Persson 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 Stefan Persson, H&M 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.

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Edited by: Lee Bailey