| Net Worth: | $4.5 Billion |
| Last Updated: | 2019 |
Liselott Persson, the daughter of Erling Persson, the renowned founder of H&M, is expected to have a staggering net worth of $4.5 billion by the year 2024. Following in the footsteps of her visionary father, Liselott has undoubtedly played a significant role in the growth and success of the globally recognized fashion giant. This estimation showcases her exceptional entrepreneurial abilities and formidable business acumen, cementing her status as a formidable force in the industry. Her substantial wealth truly reflects her outstanding contributions to the H&M empire and her enduring legacy as a member of the Persson family.
H&M is a successful international clothing retail chain founded by her father, Erling, in 1947. The biggest shareholder is her brother Stefan, who has successfully run the trendy apparel retailer ever since 1982. Also, he currently serves as chairman, while his son, Liselott's nephew, has been CEO since 2009. H&M exists in more than 43 countries worldwide and employs around 104,000 people. It plans to expand even more and open its first stores in Chile, Estonia, Lithuania, Serbia and Indonesia throughout 2013.
