Ste­fan Pers­son

Forbes Middle East - - LEADERBOAR­D • FASHION -

Net worth: $15.6 bil­lion Source of wealth: H&M— Hennes & Mau­ritz

H&M was founded by Pers­son’s fa­ther Er­ling in 1947. To­day, Pers­son is Swe­den’s rich­est per­son, owning a 32% stake of the global fast-fash­ion re­tailer and serv­ing as chair­man. The com­pany is head­quar­tered in Stock­holm, Swe­den.

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