40-year-old Karl Johan Persson is a Swedish billionaire and a thriving businessman. According to Forbes, Karl is the 603rd richest billionaire in the world and the 15th richest man in Sweden. His estimated net worth is US$ 2.6 billion. Karl’s major source of wealth comes from H&M.
Not too much is known about Karl’s childhood. However we do know that he is the son of Stefan Persson and Pamela Collett. His grandfather Erling Persson had founded Hennes & Mauritz (H&M). Karl graduated in the year 2002 from the European Business School in London. He majored in business and economics.
In the year 2001, while Karl was still pursuing his graduation, he purchased an events management company. In the year 2002, completed his graduation from the European Business School, London.