Age, Biography and Wiki
Birth Year | 1941 |
Birth Place | Lucerne, Switzerland, Sweden |
Age | 82 YEARS OLD |
Residence | Lucerne, Switzerland |
Citizenship | Sweden |
Occupation | Board member |
Spouse(s) | Lisbeth Hult, married 1974 |
Children | 4 sons |
Net worth: $3.1 Billion (2024)
Bertil Hult, also known as Service in Sweden, is a prominent figure in the business world. As the founder of EF Education First, a leading international education company, Hult has made significant contributions to the education sector, changing the lives of countless individuals around the globe. With his visionary leadership, the company has achieved remarkable success, subsequently boosting Hult's net worth. It is estimated that by 2024, his net worth will soar to an impressive $3.1 billion. Hult's entrepreneurial spirit and dedication to providing quality education have not only made him one of the wealthiest individuals but also a well-respected personality in Sweden and beyond.
Biography/Timeline
Apart from EF, Bertil Hult has been involved in charities fighting drug abuse and promoting dyslexia education. In 1993, he was a founding member of the Geneva based Mentor Foundation, “an independent, non-governmental, not for profit, apolitical organization” focused on supporting research and initiatives in drug prevention. He has since served as chairman and currently as trustee for the foundation. Bertil Hult also supports the Bertil Hult Prize. Starting in 2003, the Bertil Hult Prize has been given to a Swedish school once every year, based on their support for dyslexia education.
He served as the company's CEO until 2002, as its chairman until 2008, and is now semi-retired. Under Bertil Hult's supervision, EF grew to become a multi-billion dollar corporation with more than 40,000 employees across 500 schools and educational programs in 53 different countries. EF continues to open language schools around the world, grow its online language school (EF Englishtown), place au pairs with American families, coordinate life-changing student travel and international exchange experiences. EF is affiliated with a Business school, Hult International Business School, formerly the Arthur D. Little School of Management, which is named after Bertil Hult.
In 2006 he was elected International Swede of the Year. In 2012, Bertil Hult was awarded the Lucia Trade Award by the Swedish-American Chamber of Commerce for his contribution to fostering free trade between Sweden and the United States. In 2014, Bertil Hult was named a Laureate by the World Entrepreneurship Forum. The award recognizes "exceptional entrepreneurs for their impact on society and their capacity to change the world."
EF Education First is wholly owned by Bertil Hult and his family. Forbes estimates Bertil's net worth to be 5 billion USD as of March, 2015. He is a keen Sailor and his boat, EF Education with Skipper Paul Cayard, won the last Whitbread Round the World Race in 1998. Today, he sails on his boat Erica XII. The boat is known for hosting the Swedish Crown Princess Victoria and her husband Prince Daniel on their honeymoon.