Stefan Persson is a Swedish business magnate. He is the chairman and main shareholder of H&M, one of the world’s largest fashion retailers.
Born in Stockholm, Persson is the son of Olle Persson, who founded H&M in 1947, and his wife Marianne (née Hirschberg). He has three brothers: Karl-Johan, Tom, and Marcus. Persson’s paternal grandfather was the Swedish Olympic Modern pentathlete Erik Persson.
Persson joined the board of directors of H&M in 1982, and became its chairman in 1998.
As of November 2020, Persson’s net worth was estimated to be US$32.3 billion, making him the 13th richest person in Sweden and the 145th richest person in the world.
Stefan Persson is one of the most successful businessmen in Sweden. He is best known for his work with H&M, one of the world’s largest fashion retailers. Persson is also a very active philanthropist, and has donated large sums of money to various charities over the years. As of November 2020, Persson’s net worth was estimated to be US$32.3 billion, making him the 13th richest person in Sweden and the 145th richest person in the world.
Here are The Top 6 Stefan Persson Quotes
1. “Loyalty is not won by being first. It is won by being best.” – Stefan Persson
2. “We believe that no one should have to choose between price and quality, between price and fashion, between price and service.” – Stefan Persson
3. “Sweden is famous for many things – but not fashion.” – Stefan Persson
4. “Hong Kong is a good fashion city. The interest is enormous. There’s good potential in the Asian market.” – Stefan Persson
5. “Cost awareness is… crucial if we are to survive…” – Stefan Persson
6. “If there is a Swedish style, I cannot identify it.” – Stefan Persson