Top 10 Richest People in Sweden And Their Net Worth

Sweden is one of the richest countries in Europe, it is a significant partner among European countries while its citizens are flourishing in their various fields, meanwhile, the richest people in Sweden are part of those who are reshaping the history of not only Sweden but entire Europe.

The Richest billionaires in Sweden or better put the richest people in Sweden and the common folks are making the exceptional transformation to the continent and investing in the sectors through human resources, wealth, and resources that are driving the economic growth of the area.

The Swedish economy is characterized by a sizeable, knowledge-intensive, and export-oriented manufacturing sector, a growing but still relatively small business service sector, and by comparison with other countries, a sizeable public service sector. The Swedish economy is dominated by large corporations in both the manufacturing and service sectors.

Below is the table of the names of the Top richest people in Sweden, their net worth, and their source of wealth;

1. Stefan Persson – $14.3 billion

The richest person in Sweden is Stefan Persson a magnate with a total net worth of $14.3 billion dollars. Stefan is a billionaire businessman from Sweden. Prior to his son taking over in May 2020, Persson served as chairman of the fashion retailer H&M of which he still holds the largest stake which is 36% in the business.  Meanwhile, Stefan’s father, Erling Persson, founded the business in 1947.

In 1982, Persson took over the business from his father, and he managed it through 1998. Additionally, Persson holds a sizeable stake in the Swedish technology firm Hexagon AB. Meanwhile, Stefan owns a sizable number of homes in Stockholm, Paris, and London through his closely held real estate company Ramsbury Invest.

He is the richest person in Sweden even though in the past he has always been the richest billionaire in Sweden and number 20 in the world before his net worth plunged and his net worth dropped but he has been able to retain his spot as the richest Swedish billion and he appears first on this list of richest people in Sweden.

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2. Melker Schorling & family – $8 billion

Melker Schörling is a billionaire businessman from Sweden. Meanwhile, his investment firm owns significant stakes in Securitas AB, Assa Abloy, Hexagon AB, Loomis, and other companies.

When Melker Schörling took the helm as CEO of the struggling security powerhouse Securitas in 1987, he laid the groundwork for his wealth.
He established Melker Schörling AB as a holding company for his investments a little more than ten years later.

In 2017, Schörling resigned from all of his positions with the company, citing health concerns. His daughters Sofia and Märta are now in his place. The family and H&M billionaire Stefan Persson took the business private shortly after he resigned.

3. Finn Rausing – $7.7 billion

Finn Rausing is among the richest people in Sweden with a net worth of $7.7 billion dollars, aside from being one of the richest people in Sweden, he is also influential and famous, he is a billionaire heir and businessman, a co-owner of Tetra Laval, the packaging company.

Meanwhile, Finn inherited the fortune he sits on from his father who inherited it from his own father too, in other words, Finn inherited the wealth and company from his grandfather who started the company.

Along with his siblings Kirsten and Jörn, Finn Rausing is a member of the Tetra Lavel board of directors. Tetra Pak, which developed aseptic packaging technology, was founded by Finn’s grandfather. Due to the new packaging, cartons rather than glass bottles could be used to store beverages like milk and orange juice. Rausing shares ownership of International Flavors & Fragrances with his siblings.

4. Jorn Rausing – $7.7 billion

The fourth richest person in Sweden is Jorn Rausing who is a sibling of Finn Rausing with a net worth of $7.7 billion dollars.

Jorn Rausing’s grandfather founded Tetra Pak, which developed aseptic packaging technology.
Drinks like milk and orange juice could now be kept in cartons rather than glass bottles thanks to the packaging.

Together with his two siblings Kirsten and Finn, Jörn holds equal stock in TetraLaval and serves on the board of the parent company.

Additionally, Rausing and his siblings have stock in International Flavors & Fragrances and a portion of the online grocer Ocado. Also, Jorn owns a 20% stake along with his siblings in International Flavors & Fragrances, a company that sells scents for use in alcoholic beverages, perfumes, and other consumer goods.

5. Kirsten Rausing – $7.7 billion

The fifth richest person in Sweden is Kirsten and she is the first woman to appear on this list, with a net worth of $7.7 billion dollars, she is also among the richest women in the UK where she resides According to Sunday Time Rich List 2021.

Together with her brothers Finn and Jörn, Kirsten Rausing holds a third of the stock in the packaging company TetraLaval and serves on the board. Kirsten’s grandfather Ruben Rausing, founded Tetra Pak, the company that created aseptic packaging technology.

Rausing is a former director of The National Stud and a member of the jockey club. She is a director of the British Bloodstock Agency, which purchases and sells racehorses on behalf of affluent clients, along with Richard Frisby, Michael Goodbody, and Guy Heald. Irish County Meath’s Staffordstown Stud is owned by Rausing.

6. Antonia Ax:son Johnson & family – $6.2 billion

Antonia Margaret Ax:son Johnson is the fourth-generation CEO of Axel Johnson AB, which her great-grandfather founded in 1873. She succeeded her father as chairman of the board for Axel Johnson AB in Sweden and Axel Johnson Inc. in Stamford, Connecticut, in 1982.

In March 2015, she resigned as chairman and gave Caroline Berg, her daughter, control of the organization. Even though she has stepped down as the chairman, she still holds the majority of the ownership and also has a board seat.

The conglomerate, which was started by her great-grandfather in 1873, now has holdings in energy, real estate, industrial products, and grocery store chains. Additionally, it owns a 50% stake in Axfood AB, one of Scandinavia’s biggest food businesses. Additionally, with her net worth, she is among long the richest people in Sweden and the second woman to appear on this list.

7. Frederik Paulsen – $6.1 billion

Frederik is a Swedish billionaire businessman and non-executive chairman of Ferring Pharmaceuticals. His father founded Ferring Pharmaceuticals in 1950, which Frederick Paulsen inherited. In 1983, when he took over management of the company, it had annual revenue of $15 million.

The biotech company currently has estimated sales of $2.2 billion and produces medications for infertility, obstetrics, urology, gastroenterology, and endocrinology. Ferring has subsidiaries in nearly 60 nations and more than 6,500 employees.

He also has interests in viticulture and real estate. Additionally, Frederik Paulsen serves on numerous boards. He serves as a director on the board of Philip Morris International, a tobacco company.

8. Carl Bennet – $5.1 billion

Carl the Swedish billionaire businessman is the chairman of the medical technology firm Getinge and the printing company Elanders and he is the eighth richest person in Sweden.

Bennet, a Swedish businessman, is the owner of five companies listed on the Stockholm Stock Exchange. Among his holdings is the business conglomerate Lifco, the producer of medical supplies Arjo, and the logistics firm Elanders.

In 1989, he and fellow investor Rune Andersson purchased Getinge, a manufacturer of medical products, from Electrolux. Before splitting up, they co-ran the business for almost ten years.

9. Gustaf Douglas – $5 billion

Coming as the ninth richest person in Sweden with a net worth of approximately $5 billion dollars, he is one of the richest people in Sweden. Gustaf Douglas is a multibillionaire businessman and politician from Sweden. He has been a member of the Royal Swedish Academy of Engineering Sciences since 2007.

Gustaf Douglas was not particularly wealthy despite being born into a noble family. The Harvard graduate eventually oversaw the state-owned newspapers Dagens Nyheter and SVT2. Meanwhile, in 1985, Douglas bought a controlling interest in Securitas, a Swedish security company that would eventually become a major player on the world stage.

Douglas’s sons Carl and Eric currently serve on the boards of Investment AB Latour. They are billionaires as well. Investment AB Latour, which owns a sizable portion of the largest lock manufacturer in the world, Assa Abloy, is under the control of Douglas and his family, he earns his net worth with hard work and he earns his place among the richest people in Sweden.

10. Fredrik Lundberg – $4.8 billion

Lastly, the tenth richest person in Sweden with a total net worth of $4.8 billion dollars, appears on the list of the richest people in Sweden even though he has a bit of a rough time being displaced from his previous position among the richest billionaires in Sweden is Fredrik Lundberg.

Fredrik Lundberg is the CEO and chairman of L.E. Lundbergforetagen AB, which his father Lars founded in 1944 as a construction company. In 1981, Fredrik assumed control of the company’s management. It is now a diversified holding company with investments in real estate and other businesses.

Additionally, Fredrik’s daughters Louise and Katarina, both billionaires, are on the board and each owns a 14% stake in the company. Through his holdings, Lundberg has significant influence over a number of well-known Swedish companies, including Ericsson, the steelmaker SSAB, and the truck manufacturer Volvo.

Richest People In Sweden

Here’s a quick rundown of the richest people in Sweden and their net worth;

1. Stefan Persson – $14.3 billion
2. Melker Schorling & family – $8 billion
3. Finn Rausing – $7.7 billion
4. Jorn Rausing – $7.7 billion
5. Kirsten  Rausing – $7.7 billion
6. Antonia Ax:son Johnson & family – $6.2 billion
7. Frederik Paulsen – $6.1 billion
8. Carl Bennet – $5.1 billion
9. Gustaf Douglas – $5 billion
10. Fredrik Lundberg – $4.8 billion