They say that because of this all the good jobs in Europe went to the countries of South Asia. But Stefan Persson says that it is the principle of capitalism that business will go where there is more profit. As we have already mentioned, his net worth is around 30 billion dollars. He has remained on the list of the 20 richest men in the world for almost ten consecutive years. Environmental experts also object to his company’s practice. They say that the goods which are not sold, they destroy. If this unsold item is transported to poor countries, then many people will have clothes on their bodies that they cannot afford at this time. What do you think about this topic, let us know. Stay tuned with us to stay connected with celebrity life. Also, check Ding Lei Net Worth.
Stefan Persson Net worth
The world’s best Chairman of H&M “Stefan Persson” has a net worth of $30 Billion. According to various online resources (Wikipedia, Forbes, IMDB), the most popular Chairman of H&M Stefan Persson estimated net worth is around $30 Billion.
Stefan Persson Net worth Growth
Stefan Persson Biography
Stefan Persson was born on 4 October 1947 in Stockholm Sweden. Like his father, he is in the business of fashion retail. This business was started by his father in 1915, whose command came to Stefan Persson in 1982. In the early days, his business was limited to Sweden. After 1970, his father started expanding his fashion retail business to European countries, and after 1982, when Stefan Persson himself started playing a big role in this business, he expanded his fashion retail business from Europe to America and extended to other parts of the world. You must read Greg Norman Net Worth.
Stefan Persson Relationship & More
By the end of the 90s, they had become the largest clothing brand in Europe. After 2000, he changed his business model a bit, in which he outsourced the manufacturing completely to countries like Bangladesh, China, India, and Nepal, due to which his cost was drastically reduced and his profit margin increased. How can you understand the success of this arrangement that due to this the profit of his business has increased almost thirty times? You may also like Colin Powell Net Worth.
Some Unknown Facts about Stefan Persson
Does Stefan Persson Smoke? YesDoes Stefan Persson Drink Alcohol? YesStefan Persson takes great care of his health. Stefan Persson eats food before 9 in the night.Stefan Persson is very fond of playing volleyball and tennis.Stefan Persson loves watching football.Stefan Persson himself has said that his crush is Stefan Persson. Whom he has loved since childhood.
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