Stefan Persson facts for kids
Quick facts for kids
Stefan Persson
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Stefan Persson in 2010
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| Born | October 4, 1947 Stockholm, Sweden
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| Nationality | Swedish |
| Education | Stockholm University |
| Occupation | Business magnate |
| Known for | Chairman of H&M |
| Net worth | US$18.5 billion (October 2019) |
| Spouse(s) | Carolyn Denise Persson |
| Children | Karl-Johan Persson Charlotte Söderström Tom Persson |
| Parent(s) | Erling Persson Margrit Persson |
| Relatives | Lottie Tham (sister) |
Carl Stefan Erling Persson was born on October 4, 1947. He is a very successful Swedish businessman. He is best known for his work with the popular clothing company, H&M.
Contents
Who is Stefan Persson?
Stefan Persson is a well-known person in the world of business. He comes from Sweden, a country in Europe. He is famous for being the chairman and a major owner of the fashion company H&M.
Leading H&M: A Family Business
Stefan's father, Erling Persson, started H&M way back in 1947. This means H&M has been a family business for a long time. Stefan took over the leadership of the company from his father. As the chairman, he helps guide the company's big decisions. Being a main shareholder means he owns a large part of the company.
What is H&M?
H&M stands for Hennes & Mauritz. It is a global company that sells clothes. You can find H&M stores in many countries around the world. They are known for offering trendy clothes at affordable prices. Many young people enjoy shopping there for new outfits.
Stefan Persson's Success
Stefan Persson has been very successful in his career. For a time, he was considered one of the richest people in the world. His wealth comes from his ownership and leadership of H&M. He helped the company grow even bigger and reach more customers worldwide.
