Ilkka Herlin
Manufacturing

Ilkka Herlin Net Worth

11 months from now

Ilkka Herlin, born in 1959 in Helsinki, Finland, is the great-grandson of Harald Herlin, who invested in Kone Elevators in 1924. After his father's death in 2003, Ilkka and his siblings discovered their father had rewritten his will in 1999 and left most of the ownership in Kone to their brother Antti. This led to a dispute between the siblings, which ended in 2005 with Kone being split in two. Antti maintained control over the core elevator business and received a majority stake in Kone, while his siblings were given a majority stake in Cargotec and a minority stake in Kone. As a result, four of the five siblings are now billionaires.
Ilkka Herlin is a member of Manufacturing

Age, Biography and Wiki

Birth Day January 25, 1959
Birth Place Helsinki, Finland, Finland
Age 65 YEARS OLD
Birth Sign Aquarius
Residence Helsinki, Finland
Education Doctor of Philosophy
Alma mater University of Helsinki
Occupation Chairman, Cargotec
Spouse(s) married
Children 4
Parent(s) Pekka Herlin
Relatives Heikki H. Herlin (grandfather) Antti Herlin (brother) Ilona Herlin (sister) Niklas Herlin (brother)

💰 Net worth: $1.7 Billion (2024)

Ilkka Herlin, a prominent figure in the manufacturing industry in Finland, is believed to have a net worth of approximately $1.7 billion by the year 2024. With his remarkable success and extensive experience in the field, Herlin has made significant contributions to the growth and development of manufacturing in Finland. As a successful entrepreneur and business tycoon, he has established a strong foothold in the industry and continues to make strides in his ventures. Despite the challenges faced in the manufacturing sector, Herlin's impressive net worth serves as a testament to his achievements and entrepreneurial prowess.

2014 $1.1 Billion
2015 $1.2 Billion
2016 $1.1 Billion
2017 $1.4 Billion
2018 $1.59 Billion

Biography/Timeline

2003

His Father Pekka Herlin died in 2003, and it was discovered that he had rewritten his will in 1999, leaving most of the elevator and escalator maker Kone to Ilkka's brother Antti Herlin. Ilkka and his siblings Ilona and Niklas were unhappy about not being informed, and the dispute finally ended in 2005. The Kone company was split, with Antti receiving a majority stake in its core elevator Business. Ilkka and his siblings received a majority of Cargotec and a minority stake in the new Kone company. All four siblings became billionaires.

Tags 1959 births Herlin family Living people Finnish billionaires Finnish businesspeople

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Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.