Erik Selin – Billionaire

Eager to build his fortune, Erik Selin claims to have read annual reports at age 12 and started trading securities at age 14 with money from summer jobs. He skipped college to focus on his portfolio which he built from scratch but lost it all in the crash of 1987, before turning to high-risk property trades. At 24, Selin lay the foundation of what was to become his real estate empire, when he convinced a local bank to lend him $2 million to finance a deal for a residential development in Ängelholm, Sweden. Selin’s most valuable asset is his controlling stake in publicly traded Fastighets AB Balder, which he founded in 2005 and runs as CEO, although the private portion of his wealth, also in real estate, is almost as significant.

Mr. Erik Selin, B.Sc. (Econ.) serves as Chairman of the Board at Brinova Fastigheter AB (publ) since 2018. Mr. Selin has been Chief Executive Officer of Fastighets AB Balder (publ) since 2005. Mr. Selin served as the Chairman of Collector Credit AB since 2013 until July 31, 2018. He has been the Chairman of the Board of SATO Oyj since March 3, 2016. He served as the Chairman of Collector AB from April 5, 2017 to September 1, 2017 and its Vice Chairman since September 1, 2017. He has been Vice Chairman of Collector Finance & Law AB since January 30, 2014. He is Vice Chairman at Collector AB since 2014. He is an Independent Director at Collector AB (publ) since 2011. He has been a Director of Fastighets AB Balder (publ) since 2005 and Collector Credit AB since 2011. He serves as a Director of Balder Din Bostad AB, Hexatronic Group AB (publ), Annehem Holding AB, RL Nordic AB, SveaReal AS, Västsvenska Handelskammaren, Skandrenting AB. He served as Director at Stendörren Fastigheter AB (publ). Mr. Selin served as a Director of Catena AB (publ) from 2007 to December 2012. He served as Director of Corem Property Group AB (publ). Mr. Selin is an Upper Secondary Economist.

Source:

1. forbes

2. bloomberg