Karl-Johan Erling Göran Persson (born 23 March 1975) is a Swedish billionaire businessman, the chief executive officer (CEO) and president of the fashion company Hennes & Mauritz (H&M), which was founded by his grandfather Erling Persson. As of April 2017, according to Forbes, he has a net worth of US$1.93 billion.
Early life
Persson attended the European Business School in London from 1996, majoring in Business and Economics. He graduated in 2002.
Career
In 2001, Persson purchased an events management business, which established itself as the leading events management company in Scandinavia. The business was successfully sold in 2007 to MCI. In 2005, he joined H&M in an operational role, working his way up to head of expansion and head of business development in 2007, before being appointed CEO in 2009 to succeed Rolf Eriksen.
Personal life
He is married to Leonie Gillberg, they have two children, and live in Stockholm, Sweden. Crown Princess Victoria of Sweden attended their wedding in 2002.
Persson is a supporter of Stockholm based football club Djurgårdens IF and has also been supported the club financially.
| Karl-Johan Persson | |
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Persson in 2014
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| Born | 23 March 1975 |
| Residence | Stockholm, Sweden |
| Citizenship | Swedish |
| Education | European Business School |
| Known for | President and CEO of H&M |
| Net worth | US$1.93 billion (Forbes April 2017) |
| Spouse(s) | Leonie Gillberg |
| Children | 3 |
| Parent(s) | Stefan Persson Pamela Collett |
| Relatives | Erling Persson (grandfather) Tom Persson (brother) Charlotte Söderström (sister) Lottie Tham (aunt) |
Karl-Johan Persson net worth: Karl-Johan Persson is a Swedish businessman who has a net worth of $3.1 billion. Karl-Johan Persson was born in Sweden in March 1975. He is the son of the richest person in Sweden, Stefan Persson. Karl-Johan is the CEO and President of the fashion company Hennes & Mauritz or H&M. The company was founded by his grandfather Erling Persson in 1947. Karl-Johan graduated from the European Business School in London. He purchased an events management business in 2001 and it became the leading events management company in Scandinavia. He sold that business in 2007 to MCI. Persson joined H&M in 2005 and worked his way up to become Head of Expansion and Head of Business Development in 2007. He became CEO in 2009 succeeded Rolf Erksen. Karl-Johan’s wedding to Leonie Gillberg was attended by Crown Princess Victoria of Sweden in 2002 and she became the godmother to one of his two children. His brother Tom Persson, sister Charlotte Soderstrom, and aunt Lottie Tham are also billionaires.
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