Karl-Johan Persson
Fashion & Retail

Karl-Johan Persson Net Worth

Karl-Johan Persson is the third generation of his family to lead the fashion company H&M, which was founded by his grandfather Erling Persson in 1947. Under his leadership, the company has grown to have over 3,900 stores in 64 countries, and he is aiming to open one store a day, primarily focusing on China, India, and South Africa. Karl-Johan is part of a billionaire family, with his sister Charlotte Söderström, brother Tom Persson, and aunt Lottie Tham also being billionaires. He is an avid sports enthusiast and enjoys playing tennis, and Crown Princess Victoria is the godmother to one of his children.
Karl-Johan Persson is a member of Fashion & Retail

Age, Biography and Wiki

Birth Day March 23, 1975
Birth Place Stockholm, Sweden, Sweden
Age 48 YEARS OLD
Birth Sign Aries
Residence Stockholm, Sweden
Citizenship Swedish
Education European Business School
Known for President and CEO of H&M
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)

💰 Net worth: $1.5 Billion (2024)

Karl-Johan Persson, widely recognized as a prominent figure in the world of fashion and retail in Sweden, is projected to have a net worth of approximately $1.5 billion by 2024. As the son of Swedish business magnate Stefan Persson, Karl-Johan has successfully followed in his family's footsteps, building a formidable career for himself. Serving as the CEO of H&M since 2009, he has been instrumental in shaping the company's growth and development on a global scale. With his astute business acumen and passion for fashion, Karl-Johan Persson continues to solidify his position as one of the most influential personalities in the industry.

2015 $3 Billion
2016 $2.4 Billion
2017 $2.1 Billion
2018 $1.49 Billion

Biography/Timeline

1996

Persson attended the European Business School in London from 1996, majoring in Business and Economics. He graduated in 2002.

2001

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.

2002

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.

Some Karl-Johan Persson images

About the author

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.