Known as the head of one of the biggest fashion chains in the world, H&M, Stefan Persson is a Swedish businessman who has made a fortune over the past few decades owing to the boom of the fashion industry. He is now the 17th richest man in the world and is the major shareholder of H&M, which was founded by his father in the year 1947.
Persson served as the manager of the company till the year 1998. He is also known for holding a very big and substantial stake in the Swedish technological company, Hexagon AB. He also owns a large number of properties through his real estate company known as Ramsbury. These properties are spread over Europe, including London, Paris and Stockholm.