Net Worth: $22.4 billion
Source: H&M
Residence: Sweden
• "Cheap chic" mogul is chairman of Hennes & Mauritz (H&M); promoted son, Karl-Johan, 34, to chief executive in July.
• Retailer is known for bringing on big names like Karl Lagerfeld, Stella McCartney to design affordable collections for its 1,900 stores.
• Continuing its designer collaborations with new shoe line with Jimmy Choo that debuted in November and knitwear line with Sonia Rykiel.
• Continues to expand internationally: opened first stores in Russia, Lebanon and South Korea in past year.
• His father, Erling, founded H&M in 1947; Stefan took over in 1982, gave up chief executive position in 1998.
• Reportedly acquired the village of Linkenholt in Hampshire, England, last summer.
• A founder of the Mentor Foundation, nonprofit that combats substance abuse among youth.
• Enjoys downhill skiing, tennis and golf.
Source: http://finance.yahoo.com/career-work/article/109029/worlds-billionaires-2010
No comments:
Post a Comment