Fredrik Lundberg – Billionaire

Fredrik Lundberg is CEO of L.E. Lundbergforetagen AB, founded by his father Lars in 1944 as a construction outfit. Fredrik took over management of the firm in 1981. Today it’s a diversified holding company with interests in property management and other investments. Daughters Louise and Katarina, also billionaires, both sit on the board and each owns a 14% stake in the group. Lundberg moved his family to Switzerland in 1985 to avoid punitive taxes but later returned to Sweden. He enjoys hunting and was once a junior curling world champion.

Fredrik Lundberg (born 5 August 1951) is a Swedish businessman. His father was Lars Erik Lundberg (1920-2001) founder of L E Lundbergföretagen. Fredrik Lundberg is president and CEO of L E Lundbergföretagen, of which he inherited a controlling stake from his father. He is the ninth wealthiest person in Sweden, and on number 529 of the richest people in the world according to Forbesmagazine 2019.

Fredrik Lundberg enjoys hunting and was a one-time junior world champion of curling. He is also a supporter of IFK Norrköping and has financially supported their endeavours to return to Allsvenskan.

In June 2011 he received the award Chair of the Year 2011 Årets Ordförande for his work in Cardo AB from Styreinformasjon as in Oslo