Stefan Persson

Carl Stefan Erling Persson (; born 4 October 1947 ) is a Swedish billionaire businessman. He was the chairman of fashion company H&M until May 2020, when he was succeeded by his son; he remains the company's largest shareholder, owning a 36% stake. The company was founded by his father Erling Persson in 1947. which farms in the English counties of Wiltshire, Berkshire and Hampshire, centred on the village of Ramsbury in Wiltshire. Since Persson acquired the business in 1997, it has bought the land of several neighbouring estates including Littlecote and Hungerford Park.

According to Bloomberg Billionaires Index, Persson had a net worth of US$24.6 billion in August 2026, making him the 102nd richest person in the world at the time. In the same year, Forbes described him as Sweden's richest person.

Early life Stefan Persson is the son of Erling Persson, who founded H&M in 1947.

Personal life Persson is a founder of the Mentor Foundation, a non-profit organisation that aims to combat substance abuse among young people. Persson enjoys downhill skiing, tennis and golf. He owns properties in London, Paris and Stockholm and, in 2009, acquired the 21-cottage village of Linkenholt in Hampshire, England. In 2009, his son, Karl-Johan Persson, took over as president and chief executive of H&M.