As of April 4, 2023, Stefan Persson was the wealthiest person in Sweden, with an estimated net worth of 17.5 billion U.S. dollars, followed by Melker Schorling (No. 2, $10.4 billion), Antonia Ax:son Johnson (No. 3, $9.6 billion); and Finn Rausing (No. 4, $9.2 billion). Here’s the complete Sweden Billionaire List 2023.
Stefan Persson: $17.5 billion
Carl Stefan Erling Persson (born 4 October 1947) 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.
Melker Schorling & family : $10.4 billion
Melker Schörling (born 1947) is a Swedish billionaire 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.
Antonia Ax:son Johnson & family: $9.6 billion
Antonia Margaret Ax:son Johnson (born 1943) is the fourth-generation head of the family company Axel Johnson AB, founded by her great-grandfather in 1873. In 1982 she succeeded her father as chairman of the board for Axel Johnson AB, Sweden, and Axel Johnson Inc., Stamford, U.S.
Finn Rausing: $9.2 billion
Finn Rausing (born 1954) is a Swedish billionaire heir and businessman. He is a co-owner of Tetra Laval, the packaging company, and co-owner of Sauber.
Kirsten Rausing: $9.2 billion
Kirsten Elisbet Rausing, DL is a Swedish businesswoman, who owns a third of the holding company Tetra Laval and sits on the company board alongside other members of her family. She was listed as the 150th richest individual in the world in the Forbes 2020 list of The World’s Billionaires.
Jörn Rausing: $9.2 billion
Jörn Rausing is a Swedish heir and businessman, a co-owner of Tetra Laval, the packaging company. In 2021, the Sunday Times Rich List estimated his joint net worth with Kirsten Rausing at £13 billion.
Carl Bennet: $7.2 billion
Carl Bennet is a Swedish billionaire businessman. He is the chairman of the medical technology firm Getinge and the printing company Elanders.
Frederik Paulsen: $7.1 billion
Dr Frederik Paulsen Sr was a medical doctor and the founder of Ferring Pharmaceuticals. Friedrich Paulsen was born in the tiny port hamlet of Dagebüll on the North Frisian coast. Both his parents originated from the neighbouring island of Föhr.
Gustaf Douglas: $6.4 billion
Gustaf Archibald Siegwart Douglas (born 3 March 1938) is a Swedish aristocrat, billionaire businessman, and politician. As of August 2022, his net worth was estimated at US$7.2 billion. He has been a member of the Royal Swedish Academy of Engineering Sciences since 2007.
Related: Doing Business in Sweden
Fredrik Lundberg: $5.9 billion
Fredrik Lundberg is a Swedish businessman. His father was Lars Erik Lundberg 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.
Torbjörn Törnqvist: $4.0 billion
Torbjörn Törnqvist is a Swedish billionaire, and the CEO and co-founder of Gunvor, “one of the largest commodities conglomerates in the world”, with the Russian billionaire, Gennady Timchenko.
Martin Lorentzon: $3.2 billion
Sven Hans Martin Lorentzon is a Swedish entrepreneur and co-founder of Tradedoubler and Spotify. From 2013 to 2018 he was on the board of Telia Company. Since April 2019 he has been an expert on Sweden’s immigrants’ integration issues for the Moderate Party commission New Swedish Model.
Bertil Hult: $3.1 billion
Bertil Eric Hult is a Swedish billionaire, known for founding educational and language school company EF Education First in 1965, and for being the patron and namesake of Hult International Business School.
Erik Selin: $3.0 billion
Erik Selin is a Swedish billionaire property developer, and the CEO and controlling owner of Fastighets AB Balder. Selin is the chairman of Collector Credit AB, SATO Oyj, and Collector AB. Selin is divorced, and lives in Gothenburg, Sweden.
Dan Olsson: $2.8 billion
Dan Sten Olsson is a Swedish billionaire businessman, the CEO and majority owner of Stena Sphere. Dan Sten Olsson was born in February 1947, the son of Sten Allan Olsson, the founder of Stena Sphere. His siblings Stefan Olsson owns 24.5% and Madeleine Olsson Eriksson owns 12.5%, her two kids 6% each.
Eric Douglas: $2.7 billion
The son of billionaire Gustaf Douglas, Eric has sat on the board of the family’s investment company Wasatornet for more than a decade. The Douglas family is the largest shareholder of Latour AB, which holds stakes in Securitas AB and Assa Abloy, the world’s largest lock producer.
Carl Douglas: $2.6 billion
The son of billionaire Gustaf Douglas, Carl has sat on the board of the family’s investment company Wasatornet for more than a decade. The Douglas family is the largest shareholder of Latour AB, which holds stakes in Securitas AB and Assa Abloy, the world’s largest lock producer.
Daniel Ek: $2.6 billion
Daniel Ek is a Swedish billionaire entrepreneur and technologist. He is the co-founder and CEO of music streaming service Spotify.
Lottie Tham & family: $2.4 billion
Lottie Tham owns more than 5% of cheap chic fashion retailer H&M. The company was founded by her late father Erling Persson in 1947, and her nephew Karl-Johan Persson is the current CEO.
Katarina Martinson: $2.2 billion
Katarina Martinson is a Swedish billionaire businesswoman. She owns 14% of L E Lundbergforetagen, the family holding company, which owns property, pulp and paper companies, and was founded by her grandfather Lars Erik Lundberg. She was born in 1981, the daughter of Fredrik Lundberg.
Louise Lindh: $1.8 billion
Louise Lindh is a Swedish billionaire businesswoman. She owns 14% of L E Lundbergforetagen, the family’s holding company, which owns property, pulp and paper companies, and was founded by her grandfather Lars Erik Lundberg.
Fredrik Österberg: $1.8 billion
Fredrik Österberg cofounded Evolution AB with Jens von Bahr in 2006. Evolution sells casino solutions to online gambling operators, primarily live-streamed tables of blackjack, poker, craps and roulette.
David Mindus: $1.8 billion
David Mindus is the founder and CEO of Swedish commercial real estate company Sagax AB. Mindus and two partners began buying warehouses and light industrial properties around Stockholm in 2000 after identifying the sector as undervalued.
Jens von Bahr: $1.7 billion
Jens von Bahr cofounded publicly traded casino supplier Evolution AB with Fredrik ‘sterberg in 2006. He was CEO of Evolutions until 2016 and is now chairman of the company, which primarily sells live-streamed tables of blackjack, poker, craps and roulette to online gambling operators.
Karl-Johan Persson: $1.6 billion
Karl-Johan Erling Göran Persson is a Swedish billionaire businessman, and the chair and former president and CEO of the fashion company Hennes & Mauritz, founded by his grandfather Erling Persson. As of March 2022, according to Forbes, his estimated net worth is US$1.5 billion.
Stefan Olsson: $1.6 billion
Stefan Olsson is a Swedish billionaire businessman and Catholic priest, and 24.5% owner of Stena Sphere. Stefan Olsson is the second son of Sten Allan Olsson, the founder of Stena Sphere. His siblings Dan Olsson owns 51% and Madeleine Olsson Eriksson owns 12.5%. He is married and lives in London, England.
Sweden Billionaires List 2023, compiled by Tor Kjolberg