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Melker Schörling – Billionaire

Melker Schörling (born 1947) is a Swedish businessman. His investment company Melker Schörling AB (MSAB) has large interests in Securitas AB, Assa Abloy, Hexagon AB, Loomis and more. Schörling formed a partnership with fellow billionaire Gustaf Douglas who is also a major shareholder in Securitas and Assa Abloy.

Early life

Melker Schörling is a graduate of the School of Business, Economics and Law, Gothenburg.

Career

He made a name for himself as the CEO of Securitas in 1987 before moving on to Skanska, when Percy Barnevik was chairman. Schörling later left his executive career in order to focus on his own investments.

In August 2006, Schörling revealed that he would take MSAB public, listing it on the Stockholm Stock Exchange. He also unveiled a new board of directors. The new board, one of the most high-profile in the Swedish business world, includes Stefan Persson, Carl-Henric Svanberg, and Schörling’s daughter. In June 2015, Schörling announced that his son will join Hexagon AB.

As of January 2015, he is worth $6.5 billion according to Forbes.

Melker Schorling net worth: Melker Schorling is a Swedish businessman who has a net worth of $5.5 billion. Melker Schorling is one of the most prominent business names in Sweden. Melker Schorling is the owner and chairman of investment company Melker Schorling AB. Born in 1947, he holds a master’s degree in business administration from Gothenburg School of Economics. He first made a name for himself as CEO of the Swedish security services, monitoring, consulting and investigation group, Securitas, before moving on to Skanska, a multinational project development and construction company, again, Swedish. However, Schorling decided to abandon his executive career and to focus on his own investments instead. It was in 1999, when he established Melker Schorling AB (MSAB), which holds stakes in Securitas AB, Assa Abloy, Hexagon AB, Loomis among others. In 2006, he took the company public and started to attract noted investors like billionaire Stefan Persson of H&M, who sits on MSAB’s board, as well as fellow Swedish billionaires Gustav Douglas and Carl-Henric Svanberg. Married and a father of two, Schorling will also let his daughter serve on the company’s board.

Source:

  1. wikipedia
  2. celebritynetworth

 

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