Stefan Persson Quotes


Niklas Zennstroem has a thorough background as a successful entrepreneur with extensive expertise in areas such as IT and online.


Citations

Persson, Stefan. "The Nomination Committee Proposes Niklas Zennström as New Member of the Board of Directors of H&M." H&M Group, H & M Hennes & Mauritz AB, 11 Feb. 2014.

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Stefan Persson
Stefan Persson
  • Born: October 4, 1947
  • Nationality: Swedish
  • Profession: Business Magnate

Carl Stefan Erling Persson is a Swedish billionaire businessman. In March 2013, Forbes reported Persson's net worth as $28 billion making him the richest of Sweden's 12 billionaires and the 17th richest person in the world; he has since dropped to number 50. Persson was the chairman of fashion company H&M until May 2020, when he was succeeded by his son. He remains the company's largest shareholder, owning a 36% stake. The company was founded by his father Erling Persson in 1947.